Record-to-Report (RTR)
Course Overview:
Order-to-Cash (O2C) Training
Designing a course for Record-to-Report (RTR) Business Analysts requires a structured approach to cover the essential components of the RTR process, financial reporting, and analytics. The core objectives of the course are to help learners understand the end-to-end Record-to-Report process, analyze financial data and identify trends, execute and manage RTR tasks efficiently, and identify and resolve common issues and challenges in RTR.
Course Content Outline:
Module | Topic | Sub-Topic | Estimated Hours |
1 | Basic Accounting and Real Time Example | . Introduction and accounting concept. . Golden rules of accounting and double entry system . Ledger and Trial Balance . Financial statement and Analysis | 6 |
2 | Fixed Assets (FA) Management | . Fixed Assets (FA) – Importance of FA and classification along with Example . Fixed Asset cycle – Acquisition of fixed Assets – Depreciation of Fixed Assets – Disposal of fixed Assets | 3 |
3 | Introduction to Record- to-Report Process | · Introduction to Record- to-Report (RTR) | 3 |
· Definition and importance of RTR | |||
· Overview of RTR lifecycle | |||
2 | Key Components of RTR | · General ledger accounting | 4 |
· Financial reporting | |||
· Financial consolidation | |||
· Closing and reconciliation processes | |||
4 | Financial Reporting and Analysis | · Financial Statements and Reporting | 3 |
· Income statement | |||
· Balance sheet | |||
· Cash flow statement | |||
5 | Financial Analysis | · Ratio analysis | 4 |
· Trend analysis | |||
· Variance analysis | |||
6 | General Ledger Accounting | · General Ledger Setup and Maintenance | 3 |
· Chart of accounts | |||
· Journal entries | |||
· Ledger reconciliation | |||
7 | Period-End Close Process | · Month-end and year-end close | 4 |
· Accruals and deferrals | |||
· Financial controls and compliance | |||
8 | Financial Consolidation and Reconciliation | · Financial Consolidation | 3 |
· Intercompany transactions | |||
· Consolidation adjustments | |||
· Elimination entries | |||
9 | Reconciliation Process | · Balance sheet reconciliation | 4 |
· Intercompany reconciliation | |||
· Bank reconciliation | |||
10 | Reporting Tools and Continuous | · Reporting Tools and Technologies | 4 |
Improvement | |||
· Enterprise resource planning (ERP) systems | |||
· Business intelligence (BI) tools | |||
· Financial reporting software | |||
11 | Continuous Improvement in RTR | · Process optimization | 3 |
· Automation and technology in RTR | |||
· Best practices and case studies | |||
12 | Soft skill & basics of Excel operations | · Introduction of MS Excel | 5 |
· Navigation Formula & Functions | |||
· Formatting | |||
· Cell Referencing, Sorting & Filtering | |||
· Autofill and Autocomplete | |||
· Pivot chart and table | |||
· Sumif(), countif(), Subtotal(), group() and ungroup() | |||
13 | · Soft Skills | 3 | |
· Grammar concepts- Rules and Usage | |||
Total Hours | 52 | ||
NOTE : As per suggestion we will plan separate IC Training session within this R2R training contents | |||
Additional Components:
- Practical Exercises: Hands-on exercises and case studies to reinforce learning.
- Assessments: Quizzes and tests to evaluate participants’ understanding and knowledge retention.
- Discussion Forums: Opportunities for participants to discuss challenges, share experiences, and learn from each other.
- Course Materials: Comprehensive course materials, including presentations, handouts, and reference guides.
This course is specifically designed for candidates with locomotor disabilities who graduated in 2022, 2023, or 2024. This outline provides a structured approach to understanding the Record-to-Report process, financial reporting, and analytics, ensuring that participants gain the necessary knowledge and skills to excel as RTR Business Analysts.
Key Benefits:
- Upskill in critical business processes.
- Job opportunities within the corporation upon successful completion.
Eligibility:
Graduates with B.Com, M.Com, or BBA degrees.