Advanced Financial Accounting, Financing the business and strategic accounting, Budgeting and short-term planning
HRODC Postgraduate Training Institute
Duration: 5 Days
£3,400
Detailed information
| Type: | Training |
|---|---|
| Method: | In a classroom |
| Accreditation: | HRODC Postgraduate Training Institute is Registered with the UK Register of Learning Providers (UKRLP), of the Department for Business, Innovation and Skills, formerly Department for Innovation, Universities and Skills (DIUS). Its Registration Number is |
| Prepares for: | HRODC Diploma - Postgraduate in Financial Accounting |
| Geared towards: | Vice presidents of manufacturing and commercial businesses Marketing, engineering and human resources managers Project managers CEOs who are involved with development of long-term customers, suppliers, outsourcing partners, and other global strategic alliances Sales and marketing executives Supply-stream professionals Project managers Internal auditors Public accountants Assets accountants Attorneys Any non-financial managers who are required to read, interpret, and contribute to business financial reports It may also be beneficial to consultants and external accountants who work with managers andexecutives, in the support of improvements to operational and financial processes. |
| Requirements: | Degree of work experience |
| Internship: | Yes |
| Students per class: | 15 |
Do you need further information?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course program
Day 1- A strategic view of the 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
Day 2 - The financial statements and financial anallysiis
Statement 3: The cash flow statement – financial flow
Cash verses 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 versus 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
Day 3 - Budgetiing 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
Budgeting
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
Day 4 - 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
Day 5 - 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
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
Day 2 - The financial statements and financial anallysiis
Statement 3: The cash flow statement – financial flow
Cash verses 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 versus 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
Day 3 - Budgetiing 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
Budgeting
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
Day 4 - 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
Day 5 - 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
Do you need clarification regarding the course program?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course location
HRODC Postgraduate Training Institute
HRODC Postgraduate Training Institute is a Graduate Institution Registered with the UK Register of Learning Providers (UKRLP), of the Department for Business, Innovation and Skills (BIS), formerly Department for Innovation, Universities and Skills (DIUS). Its Registration Number is: 10019585 and can be Verified at: http://www.ukrlp.co.uk/. It provides Intensive Full-Time Postgraduate Diploma Courses. 3 Months Intensive Full-Time Postgraduate Diploma Courses or 6 Months Full-Time Courses, progressing to MSc, MBA, MA. Intensive Full-Time (3 Months) Courses, and Full-Time (6 Months) Postgraduate Diploma Courses, Progressing to MA, MBA or MSc include: Human Resource Management: A Practitioner’s Approach; Comprehensive Automotive Electrical, Electronic and Mechanical Diagnostic, Maintenance and Repair; Comprehensive Real Estate Management; Executive Management; Communication, Information Gathering, Analysis and Report Writing; Women in Management; Human Resource Training and Development Management; National and International Economic Competitiveness: Towards Economic Growth and Sustainability; Corporate Governance and Strategic Management: Incorporating Corporate Strategy; Business Administration; Cost Accounting, Budgeting, Profitability Analysis, Strategy and Balanced Score Card; Financial Accounting: Theory and Practice; Advanced Islamic and Banking Finance; International Finance and Financial Services; Global Marketing: Local, National and International Marketing Strategic Plan and Implementation; Advanced International Legal Studies; International and National Events Management; Heating, Ventilation and Air-conditioning (HVAC) Engineering; Human Resource Management (HRM) in the International Petroleum – Oil and Gas – Industry; International Petroleum –Oil and Gas – Terminal Services, SAP, Joint Venture, Health, Safety, Human Resource, Organisation and Project Management; Advanced Oil and Gas Accounting: International Petroleum Accounting; Organisational Development and Change Management: Conceptual, Contextual and Analytical Issues; Effective Project Management: Employing HR, Cost, Quality, Procurement, Risk, & Time Management Strategies to Enhance Objectives; Strategising Logistics and Supply Chain Management; Drilling Operation: On-Shore and Deepwater Oil and Gas Drilling Operations, Incorporating Shale Gas Drilling; Intercultural Business Communication: Effective International Business Communication; Computer and Information Systems Communication, Incorporating Microsoft Office Suite Leading to World Trade Organisation, Anti-Dumping, Anti-Subsidy, Sustainability and Environmental Management, Development Economics, and Agricultural Project Management; International Petroleum – Oil and Gas – Operation for Non-Technical Staff: Mineral Rights, Upstream Oil and Gas Mineral Lease Contracts, Exploration, Drilling, Production and Sale, etc.
These Postgraduate Diploma, MSc, MBA, MA Courses are delivered in Dubai United Arab Emirates (UAE), Kuala Lumpur (KL) Malaysia, Caracas, Astana Kazakhstan, Moscow Russia, Baku Azerbaijan, Durban South Africa, Dodoma Tanzania, Nairobi Kenya, Abuja Nigeria, Accra Ghana, Malabo Equatorial Guinea, Luanda Angola, Mumbai India, Karachi Pakistan, Islamabad Pakistan, Lagos Nigeria, Sokoto Nigeria, Ontario Canada, Buenos Aires Argentina; Lima Peru, Brasília Brazil, Quito Ecuador, Panama City Panama, Managua Nicaragua, San Salvador El Salvador, Guatemala City Guatemala, Belize Belize City, San Jose Costa Rica, Tegucigalpa Honduras, London UK, etc. Short Postgraduate Courses and 20-Week Video Enhanced Postgraduate Diploma Courses are also available.
The Video-Enhanced On-Line Postgraduate Diploma Courses is studied in 20 Weeks, in the comfort of students’ homes. In a move away from the traditional on-line courses, and recent technology-mediated distance education, HRODC Postgraduate Training Institute has introduced a Video-Enhanced On-Line delivery. Students:
These Postgraduate Diploma, MSc, MBA, MA Courses are delivered in Dubai United Arab Emirates (UAE), Kuala Lumpur (KL) Malaysia, Caracas, Astana Kazakhstan, Moscow Russia, Baku Azerbaijan, Durban South Africa, Dodoma Tanzania, Nairobi Kenya, Abuja Nigeria, Accra Ghana, Malabo Equatorial Guinea, Luanda Angola, Mumbai India, Karachi Pakistan, Islamabad Pakistan, Lagos Nigeria, Sokoto Nigeria, Ontario Canada, Buenos Aires Argentina; Lima Peru, Brasília Brazil, Quito Ecuador, Panama City Panama, Managua Nicaragua, San Salvador El Salvador, Guatemala City Guatemala, Belize Belize City, San Jose Costa Rica, Tegucigalpa Honduras, London UK, etc. Short Postgraduate Courses and 20-Week Video Enhanced Postgraduate Diploma Courses are also available.
The Video-Enhanced On-Line Postgraduate Diploma Courses is studied in 20 Weeks, in the comfort of students’ homes. In a move away from the traditional on-line courses, and recent technology-mediated distance education, HRODC Postgraduate Training Institute has introduced a Video-Enhanced On-Line delivery. Students:
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