Advanced Financial Accounting for Non-accountants (Brussels)

HRODC Postgraduate Training Institute
En Central London (Inglaterra), Abu Dhabi, United Arab Emirates (Emiratos Árabes Unidos), Abuja, Nigeria (Nigeria) y 47 sedes más

Más de $ 1.000.000

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Limited Objectives: Having completed this seminar delegates should be able to: Understand strategic planning and decision-making framework. Provide a strategic view of the business environment. Understand and explain the nature and role of financial statements and their interpretation. Understand accounting and finance terminology and use the necessary accounting and financial jargon to communicate effectively with the financial professionals. Review the financial performance and financial position of an organisation. Develop operating and resource budgets.
Suitable for: This course is designed for: Vice Presidents of manufacturing and commercial businesses. Marketing, Engineering and HR Managers, Project Managers, Sales and Marketing Executives, Supple Extreme Professionals, Internal Auditors, Public Accountants, Asset Accountants, Attorneys

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Requisitos: Degree or Work Experience


¿Dónde se da y en qué fecha?

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Abu Dhabi, United Arab Emirates
Khalifa Street, 44486, Abu Dhabi, Emiratos Árabes Unidos
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Abuja, Nigeria
Cadastral Zone A0, Central Business District, Abuja, 7069, Nigeria, Nigeria
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Addis Ababa, Ethiopia
Kirkos Subcity Kebele, 21555, Ethiopia, Etiopía
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Algiers, Algeria
Pins Maritimes, 16000, Algeria, Argelia
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Algiers, Algeria
Rue Hassiba Benbouali, 16015, Algeria, Argelia
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Amman, Jordan
Bin Ali Street, 11118, Jordan, Jordania
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¿Qué aprendes en este curso?

Decision Making
Business Environment
Financial Accounting
Cash Flow
Balance Sheet
Accounting MBA
IT risk
Capital Investment
Financial Training


Course Contents, Concepts and Issues:

The Strategic View of Business Environment

The Accounting Environment

  • The Uses and Purpose of Accounting
  • Users of Accounting and Financial Information
  • Various Groups of Stakeholders: Internal and External Users
  • Accounting Language and Terminology
  • Cash versus Profit, Accruals and Monetary Concepts
  • Profit and Profitability
  • Accounting Reports and Statements

Statement 1: The Balance Sheet – The Financial Position

  • The Structure of the Balance Sheet
  • What Does The Balance Sheet Tell Us About The Company?
  • Limitations of the Conventional Balance Sheet

Statement 2: The Profit And Loss Account (Income Statement) – Financial Performance

  • What Is Profit?
  • The Structure of the Profit and Loss Account
  • What Does The Profit And Loss Account Tell Us About The Company?
  • The Links between the Profit and Loss Account and Balance Sheet

The Financial Statement and the Financial Analysi

Statement 3: The Cash Flow Statement – Financial Flow

  • Cash vs. Profit
  • What Is Included In The Cash Flow Statement?
  • Why Is Cash Flow So Important?
  • The Structure of the Cash Flow Statement
  • The Links between Three Accounting Statements: The Cash Flow Statement, Profit and Loss
  • Account and Balance Sheet


The Annual Report and Financial Analysis

  • The Key Elements of Published Reports and Accounts
  • Ratio Analysis: Profitability; Efficiency and Performance; Liquidity; Investment; Cash Flow; the DuPont System
  • Cash vs. Profit as a Measure of Performance, EBITDA
  • Predicting Business Failure – The Altman Z-Score
  • Sources of Financial Information
  • The Use of Non-Financial Information Together With Financial Information

Budgeting and Short-term Planning 

Break-Even Analysis: Cost/Volume/Profit Analysis

  • Cost/Volume/Profit (CVP) Relationships
  • Break-Even Analysis
  • Single And Mixed Products
  • The Impact of Cost Structure Changes
  • Limitations of CVP Analysis


  • Purposes of Budgeting
  • The Budget Process, Including Activity Based Budgeting
  • Uncertainty and Risk – Worst and Best Outcomes
  • Motivation and the Behavioural Aspects of Budgeting
  • Problems in Budgeting

Budgetary Control and Long-Term PLanning DCF and Capital Investment Appraisal 

Capital Investment Decisions

  • What Is An Investment?
  • Investment Appraisal Criteria and Investment Decisions
  • Time Value of Money
  • Free Cash Flows
  • Capital Rationing and Control of Capital Investment Projects
  • Risk and Uncertainty and Decision-Making – Sensitivity Analysis

Budgetary Control

  • Organisational and Accounting Control Systems
  • Standard Costing
  • Flexed Budgets and Variance Analysis
  • Types of Variances and the Reasons They Occur
  • Planning and Operational Variances

Financing the Business and Strategic Accounting

Internal and External Sources of Finance

  • Financing the Business
  • Sources of Finance
  • Gearing
  • Weighted Average Cost of Capital (WACC)
  • Cost of Debt and Equity Capital
  • Risk Analysis and CAPM
  • Strategic Accounting
  • Outline of Strategic Management Accounting
  • Competitor Information and Strategic Positioning
  • Competitive Advantage
  • Strategic Accounting Systems, and the Balanced Scorecard
  • New Role for Managers and Accountants