An Intensive 5-day Training Course
Efficient Finance & Accounting Operations : Best Practices & Updates
Developing Financial Accuracy for Operational Excellence
INTRODUCTION
This highly participative EuroMaTech Efficient Finance & Accounting Operations training course will enable delegates to conduct efficient finance and accounting operations from the raising and investing of finance to the preparation of financial statements and management reports
The course will enable delegates to support their organisations strategic and financial objectives, considering the most appropriate and efficient method of financing growth plans and the efficient evaluation of potential projects using Payback, NPV IRR and MIRR
The course also develops accounting skills focusing on efficient bookkeeping and preparation of financial statements, efficient cashflow and working capital management as well as budgeting and costing
Participants attending the Efficient Finance & Accounting Operations training course will develop the following competencies:
- Analytical skills: analysing finance and investment opportunities as well as financial statements
- Communication skills: discussing financial plans to make sound financial recommendations
- Risk Management skills: evaluating and recommending appropriate risk management strategies
- Management skills: making informed financial recommendations to improve performance or control cash and liquidity
- Reporting skills: incorporating financial assessments to support your functional knowledge and skills
TRAINING OBJECTIVES
This Efficient Finance & Accounting Operations training course aims to enable participants to achieve the following objectives:
- Recommend appropriate and efficient methods of finance
- Evaluate investment decisions
- Prepare Financial Statements
- Manage short term liquidity and working capital
- Develop, Implement & Control Budgets efficiently
WHO SHOULD ATTEND?
This EuroMaTech Training course is key to the success of any organisation as a result the course will greatly benefit the following:
- Finance professionals who seek to improve their skills
- Strategic managers seeking to evaluate the financial implications of major decisions
- Operational, marketing, production management team who need to liaise with finance
- Professionals who aspire to manage departments where financial analysis and planning are key requirements
- Risk managers who wish to learn the latest techniques
TRAINING METHODOLOGY
The Efficient Finance & Accounting Operations 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 Financial Planning & Analysis to the particular needs of their workplace. In addition, delegates will be provided with extensive notes and a clear Glossary of Key Finance & Accounting Terms.
TRAINING SUMMARY
This Efficient Finance & Accounting Operations training course provides delegates with the skills to efficiently and effectively conduct finance and accounting operations improve the profitability, liquidity and financial risk management of their organisation.
TRAINING OUTLINE
Day 1 - Finance Operations - Raising Finance Efficiently
- Financial Management: The Roles & Scope
- Sources of Short Term & Long Term Finance
- Evaluating Short Term Methods of Finance
- Financing Investment Projects
- Cost of Debt
- Cost of Equity: Dividend Growth Model & CAPM
- Weighted Average Cost of Capital (WACC)
- The Optimal Capital Structure
Day 2 - Finance Operations - Investing Efficiently
- Capital Investment Appraisal
- Payback
- Net Present Value
- Internal Rate of Return
- Modified IRR
- Financial Analysis of the Project
- Management & Control of the Project
- Evaluating Financial Risk
- Managing Financial Risk
Day 3 - Accounting Operations - Efficient Bookkeeping & Preparation of Final Accounts
- Efficient Bookkeeping
- Preparing Final Accounts
- Income Statement
- Statement of Financial Position
- Cashflow Statement
- The Analysis of Financial Statements & Business Performance using multiple methodologies
- Common Size Statements
- Trend Analysis
- Ratio Analysis
- Dupont Analysis
- Z Scores
- Investment Ratios
- Cash Flow Ratios
- Peer Group and Industry Comparisons
- Analysing Accounting Policies & IFRS
- Using Financial Reports to aid Decision Making
Day 4 - Accounting Operations - Efficient Cashflow & Working Capital Management
- Evaluating Working Capital & Liquidity
- Managing Inventory
- Managing Account Receivables & Processing Invoices
- Managing Account Payable & Payroll
- Managing Cashflow & Bank Reconciliation
Day 5 - Accounting Operations - Efficient Budgeting & Costing
- Costing Classifications & Behaviour
- Break Even Analysis & Cost Profit Volume Analysis
- Budgeting: Developing Negotiating & Implementing Effective Budgets
- Using Budgets to aid Decision Making
- Controlling Budgets
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
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
Do you provide assistance with hotel accommodation?
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.
Do you offer customized training for organizations?
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 [email protected]
What types of training formats do you offer?
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.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]