This course will show you how financial accounting can help management to improve business results.
The course will also include a site visit to an organization relevant to the course so delegates can develop an understanding of how their contemporaries function in the real-world.
The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.
- Cash is king!
- Understanding the sources and uses of cash
- The difference between cash flow and profit
- Exercise – Prepare a Cash Flow Statement
- Types of financial management
- Analysing financial statements
- Reporting to shareholders
- Creative accounting – managing policies and procedures
- What is strategic accounting?
- The Balanced Scorecard
- Risk and Uncertainty
- decision-making about the future
- Industrial visit to a relevant organization.
- An insight into the internal working of companies.
- An opportunity to learn through interaction with practising professionals.
- Summary and recap of key learning objectives
- Action Planning
This course is suitable for:
- Accountancy staff in pursuit of promotion.
- Accountancy staff who need to have a deeper understanding of accounting and how this can improve results.
- Anyone who wants to understand how the financial function relates to the general management of an organization.
Upon completion of this course, you will be able to:
- Explain the relevance of cash flow and how it is reported.
- Define the function of financial management.
- Show how organizations use accounting to create and monitor their strategies.
- Develop a practical perspective into contemporary work practices in your field.
- Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.
£3415 + VAT