Accounting and Finance for Managers

Course Info

Length: 2 Weeks

Type: In Classroom

Available Dates

Venue

  • Oct-03-2022

    Istanbul

  • Oct-03-2022

    Kuala Lumpur

  • Oct-03-2022

    Singapore

  • Oct-03-2022

    Madrid

  • Oct-10-2022

    Zurich

  • Oct-10-2022

    London

  • Oct-10-2022

    Dubai

  • Oct-17-2022

    Barcelona

  • Oct-17-2022

    Kuala Lumpur

  • Oct-17-2022

    Paris

  • Oct-24-2022

    Madrid

  • Oct-24-2022

    Zurich

  • Oct-24-2022

    Singapore

  • Oct-24-2022

    Istanbul

  • Oct-31-2022

    Barcelona

  • Oct-31-2022

    London

  • Oct-31-2022

    Paris

  • Oct-31-2022

    Dubai

  • Nov-07-2022

    London

  • Nov-07-2022

    Kuala Lumpur

  • Nov-07-2022

    Zurich

  • Nov-07-2022

    Barcelona

  • Nov-07-2022

    Singapore

  • Nov-07-2022

    Dubai

  • Nov-07-2022

    Paris

  • Nov-14-2022

    Istanbul

  • Nov-14-2022

    Madrid

  • Nov-21-2022

    Barcelona

  • Nov-21-2022

    Singapore

  • Nov-21-2022

    Zurich

  • Nov-21-2022

    Kuala Lumpur

  • Nov-21-2022

    Paris

  • Nov-28-2022

    Dubai

  • Nov-28-2022

    Madrid

  • Nov-28-2022

    Istanbul

  • Nov-28-2022

    London

  • Dec-05-2022

    Dubai

  • Dec-05-2022

    Istanbul

  • Dec-05-2022

    Zurich

  • Dec-05-2022

    Madrid

  • Dec-12-2022

    Paris

  • Dec-12-2022

    Kuala Lumpur

  • Dec-12-2022

    London

  • Dec-12-2022

    Singapore

  • Dec-12-2022

    Barcelona

  • Dec-19-2022

    Istanbul

  • Dec-19-2022

    Madrid

  • Dec-26-2022

    Barcelona

  • Dec-26-2022

    Kuala Lumpur

  • Dec-26-2022

    Singapore

  • Dec-26-2022

    Dubai

  • Dec-26-2022

    Paris

  • Dec-26-2022

    London

  • Dec-26-2022

    Zurich

  • Sep-19-2023

    Istanbul

  • Sep-19-2023

    Madrid

Course Details

Course Outline

10 days course

 

Introduction to Accounting

 

  • The two forms of accounting: financial accounting and management accounting
  • The regulatory and conceptual framework
  • Qualitative characteristics of useful financial information
  • Types of business entity
  • The annual report and financial statements

 

Accounting Concepts and Systems

 

  • Statement of comprehensive income (income statement)
  • Statement of financial position (balance sheet)
  • Statement of cash flows
  • Preparing a set of financial statements
  • The income statement: cost of sales working
  • Underlying concepts: measurement rules and fundamental accounting concepts
  • Three further property, plant and equipment issues
  • Recording accounting information

 

Financial Analysis: Part 1

 

  • Financial statement analysis for investment purposes
  • Other users and their needs
  • Horizontal analysis and trend analysis
  • Vertical analysis
  • Ratio analysis
  • Weaknesses and limitations

 

Financial Analysis: Part 2

 

  • The drive for information
  • Stakeholder management
  • Corporate social responsibility reporting
  • Earnings announcements, conference calls and investor presentations
  • Media relations: press releases and newspaper coverage
  • Social media and internet bulletins

 

Business Planning

 

  • Business planning and control: the role of budgets
  • The budget-setting process
  • Basic steps of preparing a budget
  • Budgeting in different types of organisation
  • Limitations and problems with budgeting
  • Improving business planning and budgeting

 

Budgets and Performance Management

 

  • Responsibility centres
  • The controllability principle
  • Profit-related performance measurement
  • Standard costing and variance analysis
  • Performance management in investment centres
  • Non-financial performance indicators
  • The balanced scorecard
  • Performance measurement in not-for-profit organisations
  • External influences on performance

 

Cash Flow

 

  • How much cash does a business need?
  • Methods of establishing cash balances
  • Cash forecasting: the cash budget
  • Cash management: strategies for improving cash flow
  • Interpreting and analysing a cash-flow forecast

 

Pricing Decisions
 
  • The accountant’s perspective – costing and pricing
  • Absorption costing and full-cost-plus pricing
  • Marginal-cost-plus pricing
  • Activity-based costing (ABC) pricing
  • Life-cycle costing and pricing
  • The economist’s perspective
  • The marketer’s perspective
  • Combining the three perspectives: establishing an appropriate pricing strategy
  • Pricing strategies
  • Target pricing and target costing

 

Investment Decisions

 

  • Investment appraisal – the basics
  • Traditional evaluation techniques
  • Incorporating real-world complexities into investment appraisal
  • Investment appraisal within context
  • Taking a broader strategic view

 

Operational Decisions

 

  • Operational decision making
  • Cost-volume-profit analysis (CVP)
  • Relevant costing