An intensive professional development training course on
Master Class: Accounting & Finance
Mastering Accounting & Finance
Modules
This training course is split into two modules:
Module I - Accounting, Decision Making & Financial Communication
Module II - Certificate in Finance, Risk Management & Corporate Governance
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Why Choose Master Class: Accounting & Finance Training Course?
The Accounting & Finance Master Class is designed to provide professionals with an in-depth understanding of the critical role accounting and finance play in today’s business environment. This Accounting & Finance Training Course offers an MBA-level experience, combining expert instruction, interactive discussions, and team exercises to develop essential financial acumen.
Participants will gain a comprehensive understanding of financial reporting, management accounting, and investment decision-making. This course delves into the collection, recording, analysis, and presentation of financial data, ensuring professionals can make informed and strategic decisions. A strong emphasis is placed on corporate governance, financial risk management, and resource allocation, equipping professionals with the tools needed to drive business success.
This Accounting & Finance Course Will Cover:
- Core financial functions and accounting systems – Understanding the role of financial management in business success.
- Financial statements analysis – Mastering the income statement, balance sheet, and cash flow statement.
- Budgeting and business control – Utilising financial data for strategic decision-making.
- Investment evaluation techniques – Identifying and selecting the most profitable business opportunities.
- Financial risk management – Understanding and mitigating financial risks effectively.
What are the Goals?
By the end of this Accounting & Finance Training Course, participants will be able to:
- Prepare and interpret financial statements, including the income statement, balance sheet, and cash flow statement.
- Apply accounting techniques to enhance business profitability and operational efficiency.
- Evaluate and analyse corporate financial reports for better strategic decision-making.
- Assess and appraise investment opportunities to maximise business wealth.
- Identify, quantify, and manage financial risks within their organisations.
Who is this Training Course for?
This Master Class: Accounting & Finance 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?
The Accounting & Finance Training Course employs a range of proven adult learning methodologies to ensure maximum comprehension and retention. This includes:
- Interactive Q&A Sessions & Group Discussions – Encouraging the development of a solid financial knowledge framework.
- Real-World Case Studies – Analysing financial scenarios to explore strategic options and solutions.
- Workshops & Hands-On Exercises – Applying accounting principles to measure performance and control operations.
- Data Analysis Activities – Evaluating financial reports and investment opportunities with expert guidance.
- Team-Based Problem Solving – Encouraging collaboration to devise profitable financial strategies.
Participants will leave this Accounting & Finance Master Class with practical skills, a strong financial understanding, and the confidence to make data-driven business decisions.
The Course Content
Module 1: Accounting, Decision Making & Financial Communication
- 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
Module 2: Certificate in Finance, Risk Management & Corporate Governance
- Finance & Accounting
- Developing a Strategic Financial Plan
- Financial Information: Internal & External
- Evaluating Financial Performance to improve Liquidity, Profitability & Efficiency
- Working Capital Management
- Cash Flow Statements and Calculating Free Cash Flow
- Sources of Long Term & Short Term Finance
- The Optimum Capital Structure – Equity or Debt?
- Calculating the Cost of Equity and Meeting Shareholder Expectations
- Calculating the Cost of Debt – Fixed or Floating Rate
- The Weighted Average Cost of Capital (WACC)
- The Capital Asset Pricing Model (CAPM)
- Strategic Issues facing Organisations Today
- Preparing Project Cash Flow Forecasts in Excel
- Capital Investment 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 - RAROC
- Risk and Uncertainty in Business
- Identifying & Measuring Financial Risk
- How to Manage Risk – The Four Ts
- Managing Exchange Rate Risk
- Managing Commodity Price Risk
- Managing Interest Rate Risk
- Recognising the needs of stakeholders
- The Role and Scope of Corporate Governance
- Agency Theory: The Role of Directors & Shareholders
- The Role of External & Internal Auditors
- The Role of the Audit Committee
- Emerging trends in Corporate Governance
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
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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.
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