Mastering Finance & Accounting: Essential Skills for Success

Course Description

This intensive 5-day course provides a comprehensive overview of finance and accounting principles essential for business success. Participants will gain a deep understanding of financial statements, performance metrics, strategic financial planning, and decision-making tools. The course combines theoretical knowledge with practical applications to enhance financial acumen and strategic thinking.

Learning Objectives

• Interpret and analyze financial statements with confidence
• Apply key financial ratios and metrics to assess business performance
• Develop strategic financial plans aligned with organizational goals
• Master cash flow management and working capital optimization
• Understand investment appraisal techniques for informed decision-making
• Gain insights into corporate finance and funding strategies

Course Modules

Day 1: Foundations of Financial Accounting

• Understanding financial statements: Balance Sheet, Income Statement, Cash Flow Statement
• Accounting principles and standards (IFRS and GAAP)
• Recording transactions and the accounting cycle
• Financial statement analysis techniques

Day 2: Management Accounting and Performance Measurement

• Cost accounting concepts and methodologies
• Budgeting and forecasting techniques
• Key performance indicators (KPIs) and balanced scorecards
• Variance analysis and performance reporting

Day 3: Financial Management and Decision Making

• Time value of money and discounted cash flow analysis
• Capital budgeting and investment appraisal techniques
• Risk assessment and management in financial decision-making
• Working capital management strategies

Day 4: Corporate Finance and Funding

• Capital structure and cost of capital
• Dividend policy and shareholder value creation
• Mergers, acquisitions, and corporate restructuring
• Sources of finance and funding strategies

Day 5: Strategic Financial Management

• Aligning financial strategy with corporate strategy
• Financial planning and forecasting for long-term success
• Managing financial risks and opportunities
• Emerging trends in finance and accounting (e.g., ESG reporting, digital transformation)

Practical Wins for Participants

• Ability to confidently interpret financial statements and make data-driven decisions
• Enhanced skills in financial planning and budgeting for improved organizational performance
• Practical tools for evaluating investment opportunities and managing financial risks
• Strategic insights for aligning financial management with overall business objectives