40 Hrs
4069+ Enrollments
Oracle FCCS Training
Oracle FCCS Training" offers a comprehensive understanding of financial consolidation and close processes, focusing on the technical use of Oracle FCCS. Delivered by seasoned experts in finance and accounting, the course covers areas from setting up consolidation rules to creating financial reports. It's ideal for professionals seeking in-depth knowledge and practical skills in financial management using Oracle's advanced tools.
Oracle FCCS Training
Overview of Course
The course provides a deep dive into Oracle FCCS, focusing on financial consolidation and closing processes. Taught by industry veterans, it covers setup, rule creation, data management, and reporting. Participants will gain practical skills and insights for effective financial management using Oracle FCCS.
Course Highlights
In-depth understanding of financial consolidation and close processes
Hands-on experience with Oracle FCCS
Expert-led training with practical exercises
Key Differentiators
Personalized Learning with Custom Curriculum
Training curriculum to meet the unique needs of each individual
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Real-world Projects
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Skills You’ll Learn
Training Options
1-on-1 Training
Access to live online classes- Flexible schedule including weekends
- Hands-on exercises with virtual labs
- Session recordings and learning courseware included
- 24X7 learner support and assistance
- Book a free demo before you commit!
Corporate Training
- Everything in 1-on-1 Training plus
- Custom Curriculum
- Extended access to virtual labs
- Detailed reporting of every candidate
- Projects and assessments
- Consulting Support
- Training aligned to business outcomes
Unlock Organizational Success through Effective Corporate Training: Enhance Employee Skills and Adaptability- Choose customized training to address specific business challenges and goals, which leads to better outcomes and success.
- Keep employees up-to-date with changing industry trends and advancements.
- Adapt to new technologies & processes and increase efficiency and profitability.
- Improve employee morale, job satisfaction, and retention rates.
- Reduce employee turnovers and associated costs, such as recruitment and onboarding expenses.
- Obtain long-term organizational growth and success.
Course Reviews
Curriculum
- Navigation
- Dimensionality
- Close Process
- Security
- Application Creation
- Customising the Interface
- Intercompany
- Journals
- Data Forms
- Building Dashboards
- Close Manager
- Supplemental Data
- Smart View
- Migration
- Translation
- Manage Ownerships
- Jobs
- Calculations
- EPM Automate
Meet the instructor and learn about the course content and teaching style.- Make informed decisions about whether to enroll in the course or not.
- Get a perspective with a glimpse of what the learning process entails.
Description
Target Audience:
- Financial analysts
- Accounting professionals
- Finance managers
- Consolidation specialists
- Anyone interested in learning about financial consolidation and close processes
Prerequisite:
- Basic understanding of finance and accounting
- Familiarity with Microsoft Excel
Benefits of the course:
- Enhance your understanding of financial consolidation and close processes
- Gain hands-on experience with Oracle FCCS
- Improve your career prospects in finance and accounting
- Obtain a course completion certificate
Exam details to pass the course:
- There is no exam to pass the course.
- However, you will be required to complete practical exercises and assignments throughout the training.
Certification path:
- There are no specific certifications required to take this course.
- However, Oracle offers various certifications for Oracle FCCS, including Oracle Financial Consolidation and Close Cloud Service 2020 Implementation Essentials.
Career options:
- Financial analyst
- Accounting manager
- Finance manager
- Consolidation specialist
- Financial reporting analyst
Why should you take this course from Skillzcafe:
Industry experts with extensive experience in finance and accounting- Hands-on training with real-world scenarios
- Interactive sessions with Q&A
- Course completion certificate
- Flexible learning options<br />
FAQs
Basic understanding of finance and accounting is recommended.
Yes, you will have lifetime access to the course materials.
Yes, you will receive a course completion certificate upon completing the training.
The course duration is approximately 40 hours.
Oracle Financial Consolidation and Close Cloud Service (FCCS) is a cloud-based solution used for streamlining and automating financial consolidation and closing processes. It simplifies complex tasks like currency translation and intercompany eliminations, ensuring accurate financial reporting. FCCS is ideal for integrating data from various sources, supporting compliance with accounting standards, and providing scalable, secure, and accessible financial management tools.
FCCS in Oracle EPM is a cloud-based tool for streamlining financial consolidation and closing processes. It automates complex tasks, integrates data from various sources, and ensures accurate financial reporting, adhering to global accounting standards.
The full form of FCCS in Oracle is "Financial Consolidation and Close Cloud Service.
FCCS offers built-in features for consolidation, financial reporting, and data integration, eliminating the need for custom coding in HFM. This translates to faster close cycles, improved accuracy, and easier scaling as your business grows. Plus, FCCS is cloud-based, giving you flexible access and automatic updates, keeping you ahead of the curve.
In FCCS, consolidation is the process of merging financial data from multiple entities (subsidiaries, branches) into a single, unified view. This eliminates intercompany transactions and presents a clear picture of the overall financial health of the group. It's like combining all your bank accounts into one statement for better understanding.
FCCM in Oracle actually stands for Financial Crime and Compliance Management. It's a suite of tools that helps financial institutions like banks prevent fraud, money laundering, and other illegal activities, while also ensuring they meet regulatory requirements. Think of it as a financial watchdog for your business.
FCCS and HFM are both Oracle financial consolidation tools, but not the same. HFM is on-premise, highly customizable, and offers scripting possibilities. FCCS is cloud-based, provides pre-built features and dashboards, and limits customization. Think of FCCS as a streamlined, cloud-friendly evolution, not a direct HFM replacement. Choosing between them depends on your specific needs and cloud preference.
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