Accounting & Corporate Finance
The Year Up United Accounting & Corporate Finance training program thoroughly prepares graduates with a comprehensive skill set in foundational accounting practices and financial analysis, essential for today’s dynamic financial workplace.
Explore below the roles that the graduates of this program are ready for and the competencies they have been trained in.
Role pathways for graduates of the Accounting & Corporate Finance program
General Ledger Accounting Support
- Assisting accountants with routine tasks such as verifying, allocating, and posting transactions to the general ledger. Preparing trial balances and financial reports.
Accounts Payable/Receivable
- Processing bills and invoices owed to or by a company.
- Ensuring timely payments and creating related reports.
Specialized Accounting Functions
- Performing functions like customer billing, processing expense reports/timesheets, and vendor maintenance.
Corporate Finance Support
- Providing analysis and support to corporate finance departments.
- Preparing and reviewing reports, reconciling accounting discrepancies, analyzing data, and maintaining budgets.
Cash Management Support
- Supporting an organization’s cash management through the preparation of investment and cash reports.
- Analyzing data related to cash flow and cash handling.
Medical Billing and Reimbursement
- Implementing policies and procedures related to patient billing and physician reimbursement in healthcare settings.
Grant Accounting Support
- Supporting grant administrators by managing funder accounts, updating grant data, and verifying grant compliance.
Summary of the key competencies developed during the one-year training
Accounting Fundamentals
- Accounting: Understanding fundamental accounting principles and concepts.
- Accounting Lifecycle Management: Managing adjustment and closing entries, and preparing financial statements.
- Accounting Process & Reports: Executing tasks across the accounting cycle using common techniques.
Accounting Applications
- Transaction Recording: Recording transactions accurately in a general ledger or journal.
- Financial Statement Writing: Preparing trial balances and financial statements like balance sheets, income statements, and cash flows.
- Error Detection & Reconciliation: Identifying and reconciling discrepancies in accounting reports.
- Performance Evaluation: Using accounting principles to evaluate business performance.
- Accounting Reports: Interpreting common accounting reports (A/P, A/R, past due, payroll).
- Accounting Application Navigation: Using accounting tools like Excel and QuickBooks for record-keeping.
- Budget Development: Developing and maintaining corporate budgets aligned with organizational goals.
Financial Operations Fundamentals
- Financial Principles Application: Applying basic principles of accounting, financial analysis, forecasting, working capital, and asset management.
- Financial Data Navigation: Analyzing financial data to identify key insights and trends.
- Financial Documentation: Interpreting common financial statements, documents, and reports for basic financial operations tasks.
- Financial Report Analysis: Critically assessing financial status using accounting and financial reports.
Process Analysis
- Process Documentation: Documenting business processes using flowcharts.
- Process Analysis: Analyzing business processes to identify improvement opportunities and articulating requirements for solutions.
Data Management, Analysis & Reporting
- Data Loading, Cleaning & Organizing: Preparing business data sets using Excel.
- Intermediate Data Analysis: Making inferences from data using analysis tools in Excel.
- Data Reporting & Storytelling: Creating reports that effectively convey stories using data visualization tools.
- Problem Analysis: Analyzing complex problems, setting strategies for validation, and developing solutions.
