An Intensive 3-day Training Course
Accounting Operations /Payable and Receivable Management
INTRODUCTION
Our comprehensive Accounts Payable and Receivable Management online training course offers participants a robust framework designed to enhance their accounting expertise. Through a series of dynamic modules, attendees will delve deeply into the intricacies of accounts payable and receivable management, gaining insights that extend beyond foundational knowledge.
The EuroMaTech training course not only covers the essential tasks of recording and managing financial transactions but also emphasizes the strategic significance of these functions in improving organizational efficiency and profitability.
Participants will engage with advanced concepts in Accounts Payable and Receivable certification, equipping them with the skills necessary for rigorous financial analysis and effective management of financial workflows. By mastering these concepts, attendees will be positioned as indispensable assets, capable of driving financial stability and growth within their organizations.
The training is structured to provide both theoretical knowledge and practical applications, ensuring that each participant leaves with a holistic understanding of how to strategically manage payables and receivables to support broader business objectives.
Participants attending the EuroMaTech online training course will develop the following competencies:
- Understand the role of the accounting and finance function, in transaction recording and reporting, management control and decision-making, raising finance, internal control and risk management
- Able to prepare and present the three main financial statements utilizing the basic principles of financial accounting and reporting
- Review and analyse published financial reports and how they are perceived by various stakeholder groups
- Develop skills towards internal accounting procedures and techniques used in organizations to control operations and inform profitable decision-making
- Understand the best practices for Receivable and Payable Management
TRAINING OBJECTIVES
This Accounting Operations / Payable and Receivable Management online training course aims to enable participants to achieve the following objectives:
- Develop key understanding towards basic accounting concepts, accounting equation and bookkeeping principles
- Explain how to prepare the three key financial statements ‘Income Statement, Statement of Financial Position and Cash Flow Statement’
- Evaluate the performance and position of an organization by analyzing their Annual Financial Report
- Apply the internal accounting procedures & techniques of cost management and budgeting
- Apply a range of investment appraisal techniques and determine the associated risks
- Apply best practices to manage Accounts Payable and Accounts Receivable in an efficient manner
TRAINING METHODOLOGY
The Accounting Operations / Payable and Receivable Management online training course will combine presentations with interactive practical exercises, supported by video materials, activities and case studies. Delegates will be encouraged to participate actively in relating the principles of accounting and financial management to the particular needs of their workplace.
TRAINING SUMMARY
This Accounting Operations /Payable and Receivable Management online training course covers essential skills such as applying basic accounting principles towards business transactions, to prepare and interpret financial statements, develop key skills to manage costs and prepare budgets effectively. This EuroMaTech training course will also focus on evaluating investment decisions and related risks. Finally, the course will focus on latest best practices to manage receivable and payables in an efficient manner. >Explore: Finance & Budgeting Training Courses
TRAINING OUTLINE
Day 1: Fundamental Principles of Accounting and Finance
- Why is Accounting and Finance Necessary?
- The Role and Structure of the Finance Function
- Basic Principles of Financial Accounting
- Exercise: Recording Business Transactions
- Exercise: Applying Financial Judgement in Accounting Reporting
- Exercise: Preparing Financial Statements
Day 2: Understanding the Financial Statements
- The Format and Structure of the Income Statement and the Balance Sheet
- Why Cash Flow is Important?
- Exercise: Preparing a Cash Flow Statement
- Published Financial Reports – Format and Content
- Techniques for Interpreting Financial Reports
- Exercise and Presentation: Using Ratios to Assess a Company’s Performance
Day 3: Cost Management, Budgeting and Decision-Making
- Analysing and Using Financial Information
- Exercise: Preparing Product Cost Summary
- Cost-Volume-Profit and Break-Even Analysis
- Exercise: Using CVP Analysis for Decision-Making
- Preparing Budgets – How and Why?
- Exercise: Preparing Budgets for a Manufacturing Business
- Estimating our Cost of Capital
- Why Investment is Essential for Profitability and Growth
- Exercise: Appraising New Investment Proposals
CALL ME BACK
Do you wish for us to conduct this course at your premises?
Discover In-House Solutions
ACCREDITATION
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us info@euromatech.com
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at inhouse@euromatech.com
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
