What are the major goals for developing SAP FIN 900 Course?

SAP FIN 900 Auditing of Financial Business Processes course is developed keeping in mind to

1. Support the SAP Applications.
2. Optimize internal controls and to accomplish regulations as per international standards.
3. Understanding and identifying process risks.
4. Learn how to download data for audition of tools.

What are the essential objectives of SAP FIN 900 Training? 

When a student or professional gets enrolled in SAP FIN 900 training, the participant will

1. Support/Understand the usage of Audit Information System.
2. Understand standard SAP reporting tools and analysis system.
3. Be able to examine organizational structures within mySAP ERP system.
4. Understand end-end integrated business processes like
4.1 Procurement
4.2 Production
4.3 Sales
5. Able to test key configuration controls and later verify it by report controls.
6. Able to examine Period-End closing results. For Ex.,
6.1 Managerial Accounting
6.2 Financial Accounting
6.3 Asset Accounting
7. Inspect valuation methods for balance sheet accounts
8. Understand different methods involved in Period-based profitability analysis of cost objects.

Who are the intended audience of SAP FIN 900 Tutorial? 

1. Financial Accounting Auditors involved in

1.1 Verifying
1.2 Improving
1.3 Designing controls
2. External Auditors concerned about Controlling and Verifying Business Processes.
3. Consultants focusing on corporate governance and compliance with the Sarbanes-Oxley Act. 

What are the Prerequisites for learning SAP FIN 900?

Knowledge required comprises of

1. Economics and Business Administration
2. Financial and Business Process Audit

Knowledge Recommended includes

1. Basic SAP Experience
1.1 SAP001
1.2 AC010
1.3 AC040

SAP FIN900 Course Content

Lesson 1: Introduction

1.1 Course Goals
1.2 Course Objectives

Lesson 2: Organizing Audits

2.1 Basics of Authorization Concept

The summary of the lesson includes

2.1.1 Basic understanding of SAP Authorization concepts
2.1.2 Naming of various authorization elements and clarifying their uses.
2.1.3 Explaining the Transactions and activities with examples.
2.1.4 Educating the activity of user master record during authorization assignments.
2.2 Organization of Audit Information System (AIS)

The summary of this lesson includes

2.2.1 Complete idea and execution knowledge about Audit Information System
2.2.2 Ready to name the audit views in the Audit Information System
2.3 Reports and Analyzes in AIS

The summary of this lesson includes

2.3.1 Basic idea of listing the analysis and reporting options available in AIS
2.3.2 Capable of applying various analysis and reporting methods
2.3.3 Running a report

Lesson 3: Organizational Units and Structures

3.1 Enterprise Organization in SAP System

The summary of this lesson includes

3.1.1 Defining a Name to selected functions of system audit
3.1.2 Working with Database and checking the database organization used in SAP applications
3.1.3 To check terminated postings(Updating)
3.1.4 To check settings for logging tables and displaying change logs
3.2 Organizational Units in Financial Accounting

The contents of this lesson enhances the participant to

3.2.1 Check defined settings for Organizational structure
3.2.2 Review the account Information
3.3 Organizational Units in Managerial Accounting

The contents of this lesson enhances the participant to

3.3.1 State basic organizational units applicable for controlling.
3.3.2 Chalk out relevant master data for Controlling.
3.3.3 Define the integration between diverse CO components.

Lesson 4: Auditing Business Processes

4.1 Procurement Process (Purchase to Pay)

In this part of the lesson, the student acquires knowledge on how to

4.1.1 Describe a
4.1.1.1 Material
4.1.1.2 Vendor
4.1.1.3 Purchasing Information
4.1.1.4 Master Data
4.1.2 Understand the steps provided in Business process and assessing risks involved.
4.1.3 Study the steps involved in customizing.
4.2 Costing Process

In this part of the lesson, the tutor covers topics which include

4.2.1 Basics of Costing
4.2.2 Costing Variant and its properties
4.2.3 Components of Costing Variant
4.2.4 Costing Result update Process.
4.3 Periodic Controlling for a Make to Order Production Process

In this lesson, the students obtain business knowledge over following topics

4.3.1 How to create a Production Order?
4.3.2 How to post the documents required to record
4.3.2.1 Consumption of Materials & Services
4.3.2.2 All production costs
4.4 Sales Process: Order to Cash
In this session, a professional learning the course would be able to
4.4.1 Describe and name the Organizational elements in Sales and Distribution.

Lesson 5: Auditing Processes in Period-End Closing

5.1 Period Closing in Internal Accounting during Make-to-Stock Production
In this session of seminar conducted by authorized tutors, participants are entitled to learn how
5.1.1 Standard procedure is defined for Period-end closing in make-to-stock production through periodic controlling.
5.1.3 To check out the WIP (Work In Progress) and assess associated settings.
5.1.4 Study results of variance calculation
5.2 Period-End Closing in Asset Accounting
In this session of the tutorial, the participants gather vision over
5.2.1 Analyzing records of Asset Master.
5.2.3 Review Asset Classes
5.2.4 Examine settings and postings of Asset Accounting
5.3 Period-End Closing in External Accounting
In this fragment of the lesson, interested audience learn how to
5.3.1 Explain set up of financial statement version
5.3.2 Use financial statement to analyze valuation
5.3.3 Utilize Drill down report
5.3.4 Evaluate and assess Balance confirmations
5.3.5 Estimate open items in foreign currency
5.3.6 Reclassify payables and receivables
5.3.7 Understand the working process of Accrual Engine at Period-End closing
5.3.8 Check Balance and Carry forward
5.3.9 Understand technical reconciliation between transaction figures and documents

Lesson 6: Auditing Valuations

6.1 Valuation strategies for Warehouse stock
This part of the lesson educates the learner about
6.1.1 Standard Price and Moving Average Price
6.1.2 Postings required to the price difference account
6.1.3 Auditing Master Data
6.1.4 Evaluations explained for the lowest-value principle
6.2 Valuation with Actual costing and Transfer prices
This session of the lesson includes topics listed below
6.2.1 Concepts of
6.2.1.1 Preliminary valuation price
6.2.1.2 Periodic Unit Price
6.2.1.3 Transfer Price

Lesson 7: Auditing Tools for SAP System

7.1 Information for Managing Internal Controls
This unit of lesson describes about Internal Controls associated with some of the other topics such as
7.1.1Specific requirements of Sarbanes-Oxley Act
7.1.2 The explanation about how a management uses SAP Management of Internal Controls
7.2 Virsa Compliance Calibrator
In this last session of the lesson we close in along with
7.2.1 Features and functions of Virsa, (Compliance Calibrator tool)

Note Optional Topics associated with the Tutorial includes

1. Sales order Related Production
1.1 Sales Order Processing
1.2 Value Flow for Make to Order production
1.3 Value flow for Valuated and un-valuated sales order stock.
2. Period-End Closing in Managerial Accounting for Sales-Order Related Production or Service
2.1 Typical Period-end closing activities for sales order with Product cost by Sales order.
2.2 Revenue based and cost based valuation methods
2.3 Understanding Balances and Reserves
2.4 Illustrating values of sales order

What is the mode of Function of SAP FIN 900 Tutorial?

1. Classroom Training
2. Instructor-led
3. Live Access

What is the duration of SAP FIN 900 Tutorial?

5 Days
10 Hours

What is the Course fee for SAP FIN 900?

$350