Home » Courses » Finance & Accounting » Mini MBA: Accounting & Finance

Upcoming Sessions

Duration
10 Days
Date Venue Fees(USD) Book your seat
24 Sep - 05 Oct 2018 Rome - Italy $9,900 Book Now
19 - 30 Nov 2018 London - UK $9,900 Book Now
29 Jul - 09 Aug 2019 Geneva - Switzerland $11,900 Book Now
18 - 29 Nov 2019 London - UK $11,900 Book Now

Why Choose this Training Course?

This finance & accounting training course is designed to cover the role and importance of accounting and finance in today’s business world. It will provide an ‘MBA level’ experience in terms of content, instruction, discussion, and team exercises.

The training course includes a comprehensive illustration of how accounting information is collected, recorded, analysed and presented both internally and externally, to support effective management, control, and decision making.  The training 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 training course will also put emphasis on the importance of good quality corporate governance and management of financial risks.

This AZTech training course will feature:

  • The finance function, and financial and management accounting systems
  • The income statement, balance sheet, and cash flow statement
  • Using budgets to control the business
  • The relevance and importance of finance to the success of your business
  • Techniques available to determine the most profitable and worthwhile investments for your business

 

The Structure

This comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses.

Module 1 - Accounting, Decision Making, & Financial Communication

Module 2 - Finance, Risk Management & Corporate Governance

 

What are the Goals?

By the end of this AZTech training course, participants will be able to:

  • 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 is this Training Course for?

This AZTech training course is suitable for a wide range of professionals, but will greatly benefit:

  • Members of the Operational Management Team
  • Consultants who provide advice on operations or strategy
  • Managers who have responsibility for the control of risk
  • Managers who have responsibility for divisional performance
  • Senior Staff members of any Department

 

How will this Training Course be Presented?

This AZTech training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This will include question and answer and group discussion, to develop, and build a framework of core knowledge of the training course topics, illustrating these with real-world examples. There are also workshops, where individuals and groups can work on problems and exercises, analyzing financial data to control operations, measure performance, and make profitable decisions, under the guidance of the Instructor.  Realistic case studies, which will provide the opportunity for teams of delegates to analyse situations, explore options, and propose strategies and solutions.

 

The Course Content

Module 1: Accounting, Decision Making, & Financial Communication

Day One: Introduction to Accounting

  • The importance of accounting information
  • The role of the Finance Function
  • The accounting equation and financial accounting systems
  • Recording facts and applying judgement
  • Preparing the Income Statement and Balance Sheet
  • Accounting principles and accounting standards                  

 

Day Two: Accounting Reports

  • The format and contents of the Income Statement
  • The format and contents of the Balance Sheet
  • The effect of depreciation and impairment on profit
  • Identifying and valuing inventory
  • Preparing the Cash flow Statement
  • The importance of cash flow in business
 

Day Three: Management Accounting for Control and Decision-Making

  • Collecting and analyzing costs
  • The structure of direct and indirect costs
  • Dealing with overheads – absorption costing or ABC?
  • Cost-Volume-Profit and break even analysis
  • Decision making – make or buy
  • Decision making – the effect of limiting factors
 

Day Four: Communicating the Plan Through Budgeting

  • Corporate planning and corporate objectives implemented through budgeting
  • The budgeting process and timescale
  • Sales budget forecasting techniques
  • Cascading the budgets across the whole business
  • Preparing functional budgets and the cash budget
  • Budgeting principles, methodologies and applications

 

Day Five: Measuring Performance to Inform Decision Making

  • Monthly management reporting
  • Setting and using standards
  • Identifying and calculating variances
  • Operating and planning variances – who is responsible?
  • Measuring responsibility centre performance, ROI, RI, and EVA
  • Non-financial performance – the Balanced Scorecard

 

Module 2: Finance, Risk Management & Corporate Governance

Day Six: Finance and Financial Information

  • The meaning and importance of finance in business
  • The importance of financial information – internal and external
  • The corporate annual report and the financial statements                              
  • Capital employed: long – term assets and working capital
  • Analysing financial statements for profitability, liquidity, efficiency & financial structure
  • Investment ratios and market data sources              

 

Day Seven: Financing the Business and Capital Structure

  • Sources and types of long term finance
  • Sources and types of short term finance
  • Calculating the Cost of Equity – what your shareholders expect
  • Calculating the Cost of Debt – it depends on your credit rating
  • The weighted average cost of capital (WACC)
  • Choosing the best mix of equity and debt
 

Day Eight: CAPEX - Analysis of Investment Decisions

  • Growing your business with new investment projects
  • Preparing spreadsheet forecasts for investment appraisal
  • Basic appraisal techniques: Accounting Rate of Return (ARR) and Payback
  • Discounted cash flow appraisal techniques:  NPV and IRR
  • Capital Rationing and the Profitability Index (PI)
  • Dealing with risk in investment appraisal
 

Day Nine: Financial Risk Management

  • Risk and uncertainty in business
  • How to manage risk – the four Ts
  • Financing risk and operating risk
  • Foreign currency risk management
  • Interest rate risk management
  • Role of Internal Audit, Audit Committee, and Chief Risk Officer

 

Day Ten: Corporate Governance

  • Recognising the needs of stakeholders
  • The origins and development of corporate governance
  • Corporate governance codes and regulation
  • The role of the Board of Directors
  • International corporate governance and the OECD
  • Emerging trends in corporate governance

 

The Certificate

  • AZTech Certificate of Completion for delegates who attend and complete the training course

Upcoming Related Courses


DMCA.com Protection Status

© 2018. Material published by AZTech shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Send to Colleague

© 2018. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.





Sending your message. Please wait...

Send Successfully

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Print Page

© 2018. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.



Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Download PDF

© 2018. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.



Sending your message. Please wait...

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Click the links below to get a copy of our latest training schedules

We're Social follow us on your favorite social media sites


Facebook

Twitter

Google Plus

YouTube

Linkedin

Pinterest

Quality Assured Training

Quality

Tools



Contact Us

Aztech Training & Consultancy
AZTech Training & Consultancy
P.O. Box: 74716 Dubai,
United Arab Emirates

Toll Free: 800-AZTECH (800 298324)
Tel: +971 4 427 5400
Fax: +971 4 427 5401
Email: info@aztechtraining.com