TRAINING ACCOUNTING AND FINANCE FOR MANAGERS

TRAINING ACCOUNTING AND FINANCE FOR MANAGERS

DESCRIPTION TRAINING FINANCIAL MANAGEMENT STRATEGIES

Training in accounting and finance for managers is pivotal in today’s business landscape, where financial literacy is fundamental for effective decision-making and strategic planning. Managers equipped with a solid understanding of accounting principles and financial concepts can interpret financial statements accurately, analyze key performance indicators, and make informed decisions to drive business growth and profitability. Moreover, in an era of heightened financial scrutiny and regulatory compliance, managers need to navigate complex financial regulations and reporting requirements adeptly. By investing in training tailored to their needs, organizations not only empower their managers to optimize financial performance but also mitigate risks and ensure compliance with regulatory standards, fostering sustainable success in a dynamic marketplace.

Training that covers topics on financial management strategies this also requires a separate amount of time and professional guidance; it cannot be fully mastered in just a few hours.

OBJECTIVE TRAINING MANAGERIAL ACCOUNTING PRINCIPLES FIXED RUNNING

  • To equip managers with the foundational knowledge of accounting and finance necessary for decision-making.
  • To understand financial statements and their components.
  • To learn budgeting, financial analysis, and forecasting techniques.
  • To enhance decision-making skills through the understanding of financial metrics and tools.

By participating in this Training Managerial Accounting Principles in this regard, it is hoped that participants can delve deeper into the knowledge about accounting and finance for managers.

Topic Training Budgeting and Forecasting Techniques (Online – Offline)

Week 1: Introduction to Accounting

  • Session 1: Principles of Accounting – An Overview of Financial, Cost, and Management Accounting
  • Session 2: Understanding Financial Statements – Balance Sheet, Income Statement, and Cash Flow Statement

Week 2: Analyzing Financial Statements

  • Session 3: Ratio Analysis – Liquidity, Solvency, Profitability, and Efficiency Ratios
  • Session 4: Working Capital Management – Managing Receivables, Payables, and Inventory

Week 3: Cost Accounting and Control

  • Session 5: Fundamentals of Cost Accounting – Types of Costs and Cost Behavior
  • Session 6: Budgeting Techniques – Flexible Budgets, Zero-based Budgeting, and Variance Analysis

Week 4: Finance for Managers

  • Session 7: Introduction to Corporate Finance – Concepts and Applications
  • Session 8: Capital Budgeting – Techniques such as NPV, IRR, and Payback Period

Week 5: Financial Planning and Strategy

  • Session 9: Financial Forecasting and Planning – Projecting Future Revenues and Expenses
  • Session 10: Strategic Financial Management – Linking Financial Strategy with Corporate Strategy

Week 6: Contemporary Issues in Finance and Wrap-up

  • Session 11: Trends in Financial Management – Sustainability and Corporate Responsibility in Finance
  • Session 12: Case Studies and Real-world Applications – Discussing Real Business Scenarios and Decision-making

Learning Outcomes:

  • Participants will be able to interpret and analyze financial statements effectively.
  • Participants will understand the implications of financial decisions within a corporate environment.
  • Participants will acquire the skills to perform financial analysis, budgeting, and forecasting.
  • Participants will be able to integrate financial considerations into strategic management.

Assessment Methods:

  • Bi-weekly quizzes to assess comprehension of accounting principles and financial analysis.
  • Group projects involving the development of a financial plan for a given business scenario.
  • Final presentation of the financial strategy integrated with business strategy.

Recommended Reading:

  • “Financial Intelligence for Entrepreneurs: What You Really Need to Know About the Numbers” by Karen Berman and Joe Knight
  • “Accounting and Finance for Non-Specialists” by Peter Atrill and Eddie McLaney

Additional Resources:

  • Online resources including video lectures and tutorials.
  • Access to financial simulation software for practical exercises.

Course Duration: 6 Weeks (12 Sessions)

We facilitate training activities in the cities of Venice, Zurich, Rome, Vienna, Athens, Bali, Budapest, Cambridge, Copenhagen, and Florence. We offer convenience and ease in selecting schedules, locations, prices, and other relevant information according to your needs.

Participant Training Managerial Accounting Principles in Singapore

This Budgeting and Forecasting Techniques Training is highly suitable for participants from :

  • Middle Managers
  • Department Heads
  • Project Managers
  • Executive Team Members
  • Business Owners

Instructors Training Accounting and Finance for Managers In Liverpool

The Financial Management Strategies Training being conducted will be led by experienced instructors in the field of managerial accounting principles:

The instructors who teach this Accounting and Finance for Managers Training are instructors who are competent in this accounting and finance for managers field from both academic and practitioner circles.

Training Schedule for 2024

  • Batch 1: 16 – 17 January 2024
  • Batch 2: 20 – 21 February 2024
  • Batch 3: 27 – 28 March 2024
  • Batch 4: 23 – 24 April 2024
  • Batch 5: 15 – 16 May 2024
  • Batch 6 : 5 – 6 June 2024
  • Batch 7: 17 – 18 July 2024
  • Batch 8: 13 – 14 August 2024
  • Batch 9: 18 – 19 September 2024
  • Batch 10: 15 – 16 October 2024
  • Batch 11: 13 – 14 November 2024
  • Batch 12: 17 – 18 December 2024

Register immediately and become a future leader.

Investment and Location Training Budgeting and Forecasting Techniques :

  • Manila
  • Munich
  • Oslo
  • Oxford
  • Prague
  • Santorini

Notes

Two + 1* day training time with costs available for Individual, Group and Inhouse Training, not including accommodation/lodging.

For costs and training schedule, please contact marketing again

The two-day training investment is adjusted to the number of participants (on call). *Please feel free to contact us.

If the company requires an in-house training package, the training investment budget can be adjusted to the company budget.

Facility Training Budgeting and Forecasting Techniques Offline :

  • Free pick-up from airport to hotel*.
  • Modules / Handouts.
  • Flashdisk*.
  • Certificate of attendance.
  • FREE bag or bagpacker.