Mastering
Accounting, Budgeting
& Performance Measurement

Name: Mastering Accounting, Budgeting & Performance Measurement Training Course
Rating: 4.7 (1076 reviews)

Course Schedule

No classroom dates available

Get your PDF guide and explore all course details.

Overview Outline Certificates

Why Choose Mastering Accounting, Budgeting & Performance Measurement Training Course?

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 training courses.

Module 1 - Financial Bootcamp for Non-Financial Professionals

Module 2 - The Essentials of Budgeting & Cost Control

The Course Content

The development of business organizations
The role of Finance and the Finance Function
Sources and types of finance for business organizations

Teamwork exercise: preparing a business plan to present to potential investors

The purpose and format of the Annual Financial Report (AFR), prepared according to IFRS.
The financial and non-financial elements of the AFR

Teamwork exercise: Assessing the effectiveness of the AFR as a means of communicating with our key stakeholders

Understanding the difference between management accounting and financial accounting
Calculating the cost of our products and the problem of overheads (indirect costs)
Overhead apportionment – absorption costing versus Activity Based Costing

Teamwork exercise: Preparing cost estimates for a contract bid

The time value of money – future values and present values, perpetuities and growth

Group discussion: Identifying new investment opportunities for your business:

Interest rate risk

Group discussion: The role of Treasury

The complexity of managing contemporary organizations
Strategic planning, budgeting and management control systems
The key elements of budgeting: objectives, initiatives and resources
Understanding the context for budgeting & the role of the controller
What are the advantages and the disadvantages of budgeting
What is it the situation in your organization? How to improve it?

What are the essential inputs of the budgeting process?
What is zero-based budgeting?
Costing for budgeting: key terms and concepts
Variable vs. Fixed costs
The important role of contribution margin
Cases, problems and examples

Complementing traditional costing with activity-based costing
Direct vs. indirect cost
Cost allocation: traditional costing and activity-based costing (ABC)
From traditional budgeting to Activity-based budgeting (ABB)
The importance of costs analysis
Cases, problems and exercises

Capitalized vs. period costs
Capital budgeting
Payback period
Net-present value
Internal rate of return
What is it the situation in your organization?

What are the limits of budgeting and financial reporting?
What are the drivers of the business model?
What are the trades-off in place?
Beyond budgeting: integrating financial and non-financial issues
The balanced scorecard and KPIs
Case, problems and examples

Certificate

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

Do you want to learn more about this course?

Related Courses

Check out other training courses might interest you

Frequently Asked Questions

Common questions about our training courses

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.

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.

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.

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.

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.