Accounting, Decision Making & Financial Communication Event, 20.Apr.2025

Course Description

This comprehensive 5-day course equips professionals with essential skills in accounting, financial decision-making, and effective communication. Participants will learn to analyze financial statements, create budgets, and present complex financial information clearly. The course combines theoretical knowledge with practical applications to enhance strategic decision-making abilities.

Learning Objectives

• Interpret and analyze financial statements to inform business decisions
• Develop effective budgeting and forecasting techniques
• Apply cost analysis methods for improved profitability
• Enhance financial communication skills for various stakeholders
• Implement performance measurement and management techniques
• Understand the ethical considerations in financial reporting and decision-making

Course Modules

Day 1: Fundamentals of Financial Accounting

• Introduction to accounting principles and financial statements
• Balance sheet analysis and interpretation
• Income statement and cash flow statement essentials
• Key financial ratios and their significance

Day 2: Cost Accounting and Decision-Making

• Cost behavior and break-even analysis
• Activity-based costing and its applications
• Relevant costing for decision-making
• Capital budgeting techniques

Day 3: Budgeting and Performance Management

• Budgeting process and types of budgets
• Flexible budgeting and variance analysis
• Balanced Scorecard and KPI development
• Performance evaluation and responsibility accounting

Day 4: Financial Analysis and Forecasting

• Advanced financial statement analysis
• Financial modeling and scenario planning
• Cash flow forecasting techniques
• Valuation methods for business decision-making

Day 5: Financial Communication and Ethics

• Effective presentation of financial information
• Stakeholder communication strategies
• Ethical considerations in financial reporting
• Case studies in financial decision-making

Practical Wins for Participants

• Ability to make data-driven financial decisions
• Enhanced skills in creating and managing budgets
• Improved financial communication with stakeholders
• Practical tools for performance measurement and management