Financial Accounting & Controlling (FICO) at Texas Business School
In today’s fast-paced business environment, accurate and efficient financial management is the bedrock of growth and stability. At Texas Business School (TBS), our Financial Accounting & Controlling (FICO) program offers a comprehensive pathway to mastering the processes and systems that power effective finance departments—from general ledger and asset management to profitability analysis and treasury operations. If you’re looking to take a leadership role in finance or simply sharpen your skill set for the era of digital transformation, this program will set you on the path to success.
Duration | Commitment | Start Date | Fee
Why TBS for Financial Accounting & Controlling?
- Real-World Focus
Our curriculum isn’t just theory-laden; it’s grounded in practical application. You’ll learn to configure charts of accounts, reconcile bank statements, run product costing scenarios, and more—exactly what modern enterprises expect from proficient finance professionals. - Industry Validated Expertise
TBS instructors have spearheaded finance transformations for multinational organizations, bringing firsthand experience in advanced financial tools and ERP integrations. Get insights on the latest best practices that leading companies already leverage. - Holistic Finance Skillset
From mastering accounts payable/receivable to designing cost center hierarchies and performing overhead allocations, you’ll develop expertise across the entire financial accounting and controlling spectrum, equipping you to handle broad organizational needs. - Hands-On Labs and Capstone
Our labs immerse you in real-world scenarios—configuring a general ledger, mapping profit centers, and analyzing period-end closing tasks. In the final Capstone Project, you’ll demonstrate an end-to-end finance solution that proves your day-one readiness for complex roles.
Course Objectives
- Build a strong financial framework
Understand and configure foundational structures such as general ledgers, accounts receivable/payable, and asset accounting for robust, compliant financial management. - Drive cost efficiency and profitability
Learn to set up cost center accounting, internal orders, and profitability analysis to optimize resource allocation and maximize profit margins. - Integrate finance across the enterprise
Develop skills to link finance with logistics, sales, production, and HR processes, fostering end-to-end organizational transparency and efficiency. - Ensure accurate financial reporting
Implement period-end, year-end, and consolidation processes to produce clear, compliant statements that guide strategic decision-making. - Preapare for advanced certifications
Align your knowledge and practical experience with industry standards, positioning yourself to pursue certifications in financial accounting and controlling solutions.
Course Learning Outcomes
By the end of the Financial Accounting & Controlling (FIC1) program, you will be able to:
- Configure key financial structures
Set up company codes, charts of accounts, and document posting logic to ensure precise record-keeping and compliance. - Manage AP/AR & Asset Accounting
Implement end-to-end accounts payable and receivable cycles, handle dunning and payment runs, and maintain fixed assets from acquisition to retirement. - Analyze costs and profitability
Develop sophisticated cost allocation methods (cost centers, profit centers, internal orders) and leverage product costing to pinpoint key profit drivers. - Execute full financial closings
Run period-end and year-end closing tasks, consolidate financial data, and produce standardized reports for stakeholders and regulators. - Integrate with cross-functional processes
Sync financial data with logistics, sales, production, and HR workflows, ensuring real-time visibility and a unified operational ecosystem. - Administer treasury and risks management
Configure and oversee cash management, liquidity planning, hedge accounting, and risk analyses to protect your organization’s financial health.
Chart Your Paths to Financial Leadership
At TBS, we believe that effective finance management underpins every strategic decision in an organization. If you’re ready to command every aspect of financial accounting and controlling—from ledger creation to advanced profitability analysis—then the TBS FIC1 program is your launching pad.
Enroll now to master the financial tools, strategies, and best practices that drive business success. Join TBS and take your place at the forefront of enterprise finance transformation.