Introduction
The course includes a comprehensive illustration of how accounting information is collected, recorded, analyzed, and presented both internally and externally, to support effective management, control, and decision making. The course offers insights into the main factors that are essential to the successful financial management of corporations, including the efficient allocation of resources, within the economic, competitive, and physical environment. The course will also put emphasis on the importance of good quality corporate governance and management of financial risks.
Training Objectives of The Full Program in Accounting
- Prepare the income statement, balance sheet, and cash flow statement
- Use accounting techniques to improve profitability and efficiency
- Understand and evaluate corporate financial reports
- Identify and appraise wealth-generating investments
- Recognise, quantify, and control financial risk
Who should attend: Feasibility Studies and Business Planning training course is ideal for:
- Finance Team
- New and experienced Business Executives
- Senior and Middle Managers
- Project managers
- All line managers
- All individuals who want to become better at Financial Statement
Course Outlines
Day 1 Introduction to Accounting
- The importance of Accounting
- Preparing the Income Statement and Balance Sheet
- Accounting principles and accounting standards
- Income Statement, Balance Sheet
- Depreciation and impairment on profit
- Cash flow Statement
Day 2 Management Accounting for Control and Decision-Making
- Collecting and analyzing costs
- The structure of direct and indirect costs
- Cost-Volume-Profit and break-even analysis
- Communicating the Plan Through Budgeting
- Budgeting principles, methodologies, and applications
- The budgeting process and timescale
Day 3 Measuring Performance to Inform Decision Making
- Monthly management reporting
- Identifying and calculating variances
- Measuring responsibility, ROI, RI, and EVA
- Non-financial performance – the Balanced Scorecard
- Finance and Financial Information
- Investment ratios and market data sources
Day 4 Financing the Business and Capital Structure
- Sources and types of long term finance
- Sources and types of short term finance
- The weighted average cost of capital (WACC)
- CAPEX – Analysis of Investment Decisions
- Accounting Rate of Return (ARR) and Payback
- NPV, IRR and PI
Day 5 Financial Risk Management
- How to manage risk – the four Ts
- Financing risk and operating risk
- Internal Audit, Audit Committee, and Chief Risk Officer
- Corporate Governance
- International corporate governance and the OECD
The Full Program in Accounting (Course No.015)
The-Full-Program-in-Accounting