An intensive professional development training course on
Accounting, Decision Making & Financial Communication
Financial Information for Effective Business Management
Why Choose Accounting, Decision Making & Financial Communication Training Course?
This Financial Communication Training Course offers a thorough exploration of how accounting information is gathered, recorded, analyzed, and communicated both within and outside the organization. This course supports effective management, control, and decision making—all essential as accounting is often regarded as the ‘language of business,’ critical for anyone involved in organizational decision-making processes.
Additionally, this course introduces participants to financial and management accounting systems and the structural value they provide to ensure business success. Delegates will experience an ‘MBA Level’ course through a mix of content, instruction, discussion, and team-based exercises.
This Accounting, Decision Making & Financial Communication Training Course Will Feature:
- The role of the finance function and an overview of financial and management accounting systems.
- Understanding the income statement, balance sheet, and cash flow statement.
- Techniques to accurately calculate product or service costs.
- Accounting techniques tailored for effective decision making.
- Using budgets as a tool for business control.
What are the Goals?
By the end of this Decision Making in Accounting course, participants will be able to:
- Prepare an income statement, balance sheet, and cash flow statement.
- Differentiate between profit and cash flow.
- Analyze cost behavior and its impact on product costing.
- Apply accounting techniques to enhance profitability and efficiency.
- Develop functional and departmental budgets.
Who is this Training Course for?
This Financial Communication Training Course is ideal for professionals aiming to advance their careers by expanding their financial knowledge. It is particularly beneficial for operational and middle managers seeking a deeper understanding of financial information to enhance their management roles. This course is especially suitable for:
- Operational management team members.
- Managers responsible for divisional performance.
- Managers overseeing support functions.
- Consultants advising on systems and operations.
- Senior staff members from any department.
How will this Training Course be Presented?
This Decision Making in Accounting course employs various training methods to ensure effective learning and sustained engagement. The instructor will introduce and build a foundational framework of accounting and reporting, using real-world examples to illustrate key concepts.
Through interactive exercises and examples, participants will engage in teamwork, analyzing financial data to control operations, assess performance, and support profitable decision making.
The Course Content
- 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
- 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
- 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
- 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
- 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
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
In Partnership With
This training course is also part of the 10-day titles:
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Available Sessions
Frequently Asked Questions
Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.
Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.
The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.
Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.
There are several convenient ways to register for our training programs:
- Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
- Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
- Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.
