/  Accounting, Decision Making, and Financial Communication Training

Accounting, Decision Making, and Financial Communication Training

BMC Training provides a training course in Accounting, Decision Making, and Financial Communication in Finance , Accounting and Budgeting

Course Title
Venue
Start Date
End Date
  • Kuala Lumpur
    3 - 7 - 2022
    7 - 7 - 2022
  • Rome
    3 - 7 - 2022
    7 - 7 - 2022
  • Barcelona
    3 - 7 - 2022
    7 - 7 - 2022
  • Zurich
    3 - 7 - 2022
    7 - 7 - 2022
  • Kuala Lumpur
    10 - 7 - 2022
    14 - 7 - 2022
  • Rome
    10 - 7 - 2022
    14 - 7 - 2022
  • Barcelona
    10 - 7 - 2022
    14 - 7 - 2022
  • Zurich
    10 - 7 - 2022
    14 - 7 - 2022
  • London
    10 - 7 - 2022
    14 - 7 - 2022
  • Madrid
    10 - 7 - 2022
    14 - 7 - 2022
  • Berlin
    10 - 7 - 2022
    14 - 7 - 2022
  • Kuala Lumpur
    17 - 7 - 2022
    21 - 7 - 2022
  • Rome
    17 - 7 - 2022
    21 - 7 - 2022
  • Barcelona
    17 - 7 - 2022
    21 - 7 - 2022
  • Zurich
    17 - 7 - 2022
    21 - 7 - 2022
  • London
    17 - 7 - 2022
    21 - 7 - 2022
  • Madrid
    17 - 7 - 2022
    21 - 7 - 2022
  • Berlin
    17 - 7 - 2022
    21 - 7 - 2022
  • Dubai
    24 - 7 - 2022
    28 - 7 - 2022
  • Paris
    24 - 7 - 2022
    28 - 7 - 2022
  • Kuala Lumpur
    7 - 8 - 2022
    11 - 8 - 2022
  • Rome
    7 - 8 - 2022
    11 - 8 - 2022
  • Barcelona
    7 - 8 - 2022
    11 - 8 - 2022
  • Zurich
    7 - 8 - 2022
    11 - 8 - 2022
  • London
    14 - 8 - 2022
    18 - 8 - 2022
  • Madrid
    14 - 8 - 2022
    18 - 8 - 2022
  • Berlin
    14 - 8 - 2022
    18 - 8 - 2022
  • Istanbul
    21 - 8 - 2022
    25 - 8 - 2022
  • Dubai
    28 - 8 - 2022
    1 - 9 - 2022
  • Paris
    28 - 8 - 2022
    1 - 9 - 2022
  • London
    28 - 8 - 2022
    1 - 9 - 2022
  • Madrid
    28 - 8 - 2022
    1 - 9 - 2022
  • Berlin
    28 - 8 - 2022
    1 - 9 - 2022
  • Kuala Lumpur
    4 - 9 - 2022
    8 - 9 - 2022
  • Rome
    4 - 9 - 2022
    8 - 9 - 2022
  • Barcelona
    4 - 9 - 2022
    8 - 9 - 2022
  • Zurich
    4 - 9 - 2022
    8 - 9 - 2022
  • London
    4 - 9 - 2022
    8 - 9 - 2022
  • Madrid
    4 - 9 - 2022
    8 - 9 - 2022
  • Berlin
    4 - 9 - 2022
    8 - 9 - 2022
  • London
    11 - 9 - 2022
    15 - 9 - 2022
  • Madrid
    11 - 9 - 2022
    15 - 9 - 2022
  • Berlin
    11 - 9 - 2022
    15 - 9 - 2022
  • Dubai
    18 - 9 - 2022
    22 - 9 - 2022
  • Paris
    18 - 9 - 2022
    22 - 9 - 2022
  • Kuala Lumpur
    25 - 9 - 2022
    29 - 9 - 2022
  • Rome
    25 - 9 - 2022
    29 - 9 - 2022
  • Barcelona
    25 - 9 - 2022
    29 - 9 - 2022
  • Zurich
    25 - 9 - 2022
    29 - 9 - 2022
  • Istanbul
    2 - 10 - 2022
    6 - 10 - 2022
  • Dubai
    9 - 10 - 2022
    13 - 10 - 2022
  • Paris
    9 - 10 - 2022
    13 - 10 - 2022
  • London
    9 - 10 - 2022
    13 - 10 - 2022
  • Madrid
    9 - 10 - 2022
    13 - 10 - 2022
  • Berlin
    9 - 10 - 2022
    13 - 10 - 2022
  • Kuala Lumpur
    16 - 10 - 2022
    20 - 10 - 2022
  • Rome
    16 - 10 - 2022
    20 - 10 - 2022
  • Barcelona
    16 - 10 - 2022
    20 - 10 - 2022
  • Zurich
    16 - 10 - 2022
    20 - 10 - 2022
  • London
    23 - 10 - 2022
    27 - 10 - 2022
  • Madrid
    23 - 10 - 2022
    27 - 10 - 2022
  • Berlin
    23 - 10 - 2022
    27 - 10 - 2022
  • London
    6 - 11 - 2022
    10 - 11 - 2022
  • Madrid
    6 - 11 - 2022
    10 - 11 - 2022
  • Berlin
    6 - 11 - 2022
    10 - 11 - 2022
  • Dubai
    13 - 11 - 2022
    17 - 11 - 2022
  • Paris
    13 - 11 - 2022
    17 - 11 - 2022
  • Kuala Lumpur
    20 - 11 - 2022
    24 - 11 - 2022
  • Rome
    20 - 11 - 2022
    24 - 11 - 2022
  • Barcelona
    20 - 11 - 2022
    24 - 11 - 2022
  • Zurich
    20 - 11 - 2022
    24 - 11 - 2022
  • Kuala Lumpur
    27 - 11 - 2022
    1 - 12 - 2022
  • Rome
    27 - 11 - 2022
    1 - 12 - 2022
  • Barcelona
    27 - 11 - 2022
    1 - 12 - 2022
  • Zurich
    27 - 11 - 2022
    1 - 12 - 2022
  • London
    27 - 11 - 2022
    1 - 12 - 2022
  • Madrid
    27 - 11 - 2022
    1 - 12 - 2022
  • Berlin
    27 - 11 - 2022
    1 - 12 - 2022
  • Dubai
    4 - 12 - 2022
    8 - 12 - 2022
  • Paris
    4 - 12 - 2022
    8 - 12 - 2022
  • London
    4 - 12 - 2022
    8 - 12 - 2022
  • Madrid
    4 - 12 - 2022
    8 - 12 - 2022
  • Berlin
    4 - 12 - 2022
    8 - 12 - 2022
  • Istanbul
    11 - 12 - 2022
    15 - 12 - 2022
  • Kuala Lumpur
    18 - 12 - 2022
    22 - 12 - 2022
  • Rome
    18 - 12 - 2022
    22 - 12 - 2022
  • Barcelona
    18 - 12 - 2022
    22 - 12 - 2022
  • Zurich
    18 - 12 - 2022
    22 - 12 - 2022
  • London
    25 - 12 - 2022
    29 - 12 - 2022
  • Madrid
    25 - 12 - 2022
    29 - 12 - 2022
  • Berlin
    25 - 12 - 2022
    29 - 12 - 2022

Intorduction

This course will provide a comprehensive illustration of how accounting information is collected, recorded, how it is analysed and presented both internally and externally, to support effective management, control, and decision making. This is important because key personnel in an organization use accounting information which is often said to be the ‘language of business’; hence it is essential to understand and to be able to use this language.

This course will also introduce delegates to the systems and structures of financial and management accounting and their value in ensuring the success of the business. Delegates will be exposed to, and enjoy an ‘MBA Level’ experience in terms of content, instruction, discussion, and team exercises.

This course will feature:

  • The finance function, and financial and management accounting systems
  • The income statement, balance sheet, and cash flow statement
  • How to accurately determine product or service costs
  • Accounting techniques for effective decision making
  • Using budgets to control the business

Objectives

  • Members of the operational management team
  • Managers who have responsibility for divisional performance
  • Managers who have responsibility for support functions
  • Consultants who provide advice on systems and operations
  • Senior staff members of any department

Content

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

Courses Search

Recent Posts

Connect with us

IFRS Preparation. (5 Days)Available in London - Dubai - Istanbul - Kuala Lumpur

Join our Civil and Construction Engineering Training Courses , Electrical and Power Engineering Training Courses and Facilities Management Training

Technical Training Courses

Newsletter