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The Oracle Financial Consolidation and Close 2017 Certified Implementation Specialist has shown the learning and aptitudes in actualizing Enterprise Performance Management and Oracle Financial Consolidation and Close Cloud arrangements. Individuals holding this accreditation can set up and arrange Cloud security, manufacture EPM Cloud mechanization schedules, making an FCCS Application, make informational collections and measurement characteristics, set up a nearby procedure, and configuration reports utilizing Financial Reporting Studio.

Duration : 30 hours

Fee: 498

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Training Calender

Date Time Type Attend
22nd June 2024 8:00 AM   IST Demo
25th June 2024 8:00 AM   IST Regular
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+91 769-409-5404

  • 24 hours on-demand video
  • Articles
  • Coding Exercises
  • Full lifetime access
  • Certificate of Completion

Module of Training


Live presentation of theory, demonstration of tool, features & tasks

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Get practice environment for practical & hands-on Training curriculum has been designed by real-time industry professionals & real-time scenarios training pattern


Learn as per day-wise & customized schedule with discussions & lab exercises included

One to one or Batch-wise interactive demonstration of a tool, features and 100% practical classes

World-class learning material & case studies for the course

Completely customizable course content & schedule as per convenience

Certification guidance provided if necessary


Financial Consolidation and Close FCCS Download  

Financial Consolidation and Close Cloud Overview

  • Describe the financial consolidation and close processes
  • Identify deployment use cases
  • Describe Financial Consolidation and Close Cloud related components 

Data Management

  • Describe use cases for Data Management
  • Perform administration tasks: predefine system setting profiles, set up source systems, register target applications, set up drill through
  • Set up definitions for import format, locations, period mappings, category mappings
  • Perform loading data tasks: create member mappings, define data load rules, run or schedule data load rules
  • Perform batch processing - define batch, execute batch, schedule job

Consolidation Module - Dimensions

  • Explain system dimensions and pre-seeded members including requirements and restrictions - upgrade and net new for extra customs
  • Design and set up the Account dimension
  • Explain Data Source dimension and guidelines for adding member hierarchies
  • Explain Consolidation dimension
  • Explain the Currency dimension
  • Design and set up Entity dimension
  • Design and set up Intercompany dimension
  • Design Cash Flow reporting, FX calculations, and Currency Translation Adjustments using Movement dimension
  • Design GAAP and IFRS financial reporting using Multi-GAAP dimension

Consolidation Module - Building out a Financial Consolidation Application

  • Set up Financial Consolidation and Close security
  • Set up valid intersections for data entry and business rules
  • Create data forms
  • Execute intercompany matching reports with options
  • Manage the approval process

Financial Close Manager Module

  • Set up the close process
  • Manage task types and templates
  • Manage close schedules

Oracle EPM Cloud Foundation

  • Set up and configure Cloud security
  • Perform system maintenance
  • Build EPM Cloud automation routines - Job Scheduler, EPM Automate
  • Build integrations across systems and services - Integrated EPM Business Processes, REST APIs
  • Perform lifecycle management for different scenarios

Creating an FCCS Application

  • Describe the workflow for creating a Financial Consolidation and Close application
  • Create a Financial Consolidation and Close application
  • Explain application features available to be enabled
  • Design application framework (metadata and user-defined elements)
  • Design and implement importing and exporting metadata
  • Design and implement importing and exporting data

Consolidation Module - Consolidations, Eliminations, and Translations

  • Describe the sequence of events in the consolidation process
  • Diagnose data flow of the consolidation process and the role of Consolidation dimension 
  • Diagnose anatomy of the elimination process and the role of Intercompany dimension 
  • Explain default currency translations for a multi-currency application and methods applied
  • Create translation rules to override the default translations - amounts/rates, defaults, logic 
  • Diagnose the anatomy of converting reporting currencies as it relates to Entity Currency and Parent Currency
  • Describe calculation status and what actions can change them

Supplemental Data Module

  • Create data sets and dimension attributes

Using Smart View

  • Explain user tasks in Smart View
  • Analyze data using ad hoc and Smart Forms

Enterprise reporting using FCCS                                                                                                                                                          

  • Design reports using Reporting Web Studio
  • Previewing Reports
  • Setting Preferences
  • Printing Reports and Snapshots

Click here for Demo Video: Financial Consolidation and Close FCCS

Who should Learn Financial Consolidation and Close FCCS?

Oracle Financial Consolidation and Close Cloud training will: provide a detailed understanding of the capabilities and extensibility of the application; guide you

Prerequisite to learn Financial Consolidation and Close FCCS

Delivery Methodology used to deliver the Financial Consolidation and Close FCCS

We are using an experiential delivering methodology that blends theoretical concepts with hands-on practical learning to ensure a holistic understanding of the subject or course.

Class delivery

Live Interactive classes with expert

Financial Consolidation and Close FCCS FAQ

Question: Can I attend the Demo session before enrollment?

Answer: Yes, you may attend the Demo class before enrollment for training Quality Evaluation. You can also Interact with a trainer as one to one session for a specific requirement or discussion

Question: Can you schedule the training based upon my availability?

Answer: Yes, we need to discuss it with a trainer, accordingly, we can schedule training at a convenient time.

Question: How I can pay for the course?

Answer: You can pay the fee or enroll yourself via payment gateway through the course page, make an online payment using various options.

Question: What if I missed any class?

Answer: BISP has a missing class policy. If you missed any session, we will be sharing a recorded session. However, you may retake whole training multiple times within 6 month period but the trainer is the same.

Question: Is there any live project training along with regular training?

Answer: Our training curriculum includes real-time scenarios and lives project working module & the trainer explains every topic with examples. If you have any issue or you are stuck in any scenario the trainer will explain end-to-end.

Question: What about certification preparation and guidance?

Answer: BISP technical faculty assist & guide you completely for certification and preparation. We ensure you will get certified easily after our training.

Question: Who is the trainer & about his experience?

Answer: All our trainers are working professionals and industry experts with at least 10-12 years of relevant teaching experience. Each of them has gone through a rigorous selection process which includes profile screening, technical evaluation, and a training demo We also ensure that only those trainers with a high alumni rating continue to train for us.

Question: Do you provide Job support?

Answer: Yes, we provide Job support services, but the cost structure is different and fixed. For more details: Just give us a call at: +91 769-409-5404 & +1 678-701-4914 You can also write to us: support@bisptrainings.com

Question: What if I have more queries and doubts?

Answer: Just give us call at : +91 769-409-5404 & +1 678-701-4914 You can also write to us: support@bisptrainings.com

Question: How Fee Refund Policy works?

Answer: Please refer the link for refund policy: https://www.bisptrainings.com/Refund-Policy

Case Study and Learning Pdf's


Benefits of Certificate

Certification demonstrates your dedication, motivation and technical knowledge on a specific platform. Having a certification shows that you not only possess comprehensive knowledge of that technology but you also care enough about your own career to spend the time and money to get the certification.

We are welcoming our Students or professionals to participate in our professional online courses. We are offering great variety of online training programs and professional courses that you can always find as desired. After the completion of training program they will receive a certificate from BISP. As a Certified professional you can apply that knowledge in your future profession and enjoy with better salaries & career prospects.

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