Cost Accounting and Analysis
Description:
The components of this course are cost accounting tools and techniques and their implementation in addition to buisness decision making methods by analysing data using qualitative and quantitative analysis.
Objectives:
- Assess previous data to estimate costs and take managerial decisions and actions
- Discuss a practical buisness case and develop an applicable action plan
- Learn how to estimate product costs in a buisness environment
- Estimate budget and monitor and control costs using variance analysis
Participants:
- Accounting managers
- Accountants
- Financial auditors
- Financial planning professionals
- Cost and budget analysts
- Anyone involved or interested in accounting and financial auditing
Cost Management and Budgeting
Description:
This course explains cost estimate best practices, how to formulate a budget and its importance in making good financial decisions. The outcome from this course would be the ability to apply effective methods on the company’s strategic objectives to achieve the intended quantifiable financial goals.
Objectives:
- Gain knowledge of the budget estimate
- Being able to maintain a connection with the budget and the company’s needs
- Learn how to connect managerial decision with budget
- Explain the flaws in traditional budget estimate techniques and apply innovative techniques
Participants:
- Financial managers
- Accountants
- Business and management accountants
- Business analysts
- Team leaders
- Anyone interested in cost management and budgeting fields
Analyzing Balance Sheets
Description:
The balance sheet indicates the financial status of a company in a particular time by outlining its assets (what it owns), liabilities (what it owes) and its book value in the market. This course gives participants the ability to better interpret the number in the balance sheet and apply ratio analysis to examine the performance of the organization.
Objectives:
- Gain knowledge of basic financial terms and concepts
- Master the skill of reading and interpreting financial statements
- Assess balance sheet performance incorporating calculating and interpreting major ratios
Participants:
- Financial officers
- Accountants
- Anyone involved in creating, interpreting and assessing balance sheets
Budget Preparation Skills
Description:
This course emphasis on costing and budgeting skills in public companies. It sheds a light on budget-related matters such as cost analysis, budget preparation and performance measurements. By gaining that knowledge participants will be able to develop a detailed budget and make well informed financial decisions.
Objectives:
- Understand basic concepts in business processes
- Develop cost analysis system for budgeting
- Become proficient in budgeting and finance to make better financial decisions
- Introduce new skills in organization performance management
- Link the financial and operational data with the budget preparation process
Participants:
- Financial department personnel
- Accounting professionals
- R&D professionals
- Anyone interested in budget preparation
Efficient Finance and Accounting Operations
Description:
This course will improve attendees communication skills through financial reports writing. They will be able to assess their company’s performance and make well-informed decisions. This course also is an opportunity to master the skill of understanding and interpreting financial reports data such as budgets, income statements and balance sheets, and make decisions based on that information.
Objectives:
- Improve finance and accounting department performance
- Be familiar with the international best practices in finance and accounting
- Enhance job efficiency by applying new tools
- Gain the skills of leveraging accounting cycle
Participants:
- Finance and accounting professionals
- Managers
- Supervisors
- Anyone interested and wants to build a career in finance and accounting fields
Budgeting, Planning, and Management Reporting
Description:
This course gives practical methods in financial planning and how to improve it in companies to avoid common budget estimate’s failures and financial difficulties. It also includes budget estimate process, recommended successful procedures in budget planning and improve financial control tools through effective management reporting.
Objectives:
- Apply progressive planning and control methods on the budgeting process
- Connect the company’s long term visions and objectives with the budgeting process
- Develop comprehensive planning, budgeting and reporting process
- Achieve the company’s strategic goals by including management tools in budgeting
- Increase the company’s profits and performance by linking planning and reporting
- Introduce main performance indicators to ensure making better-informed decisions
Participants:
- Financial department staff
- Managers
- Supervisors
- Anyone interested in budgeting, planning and management reporting
Financial Management and Auditing
Description:
Participants in this course will learn the principles and implementation methods of financial management on the financial resources of the company. The concepts that would be discussed in this course vary from basic accounting principles to total financial control in addition to financial audit mastering skills.
Objectives:
- Understand the main concepts and terms in financial management
- Enhance the performance of financial management department in the company
- Maintain accounting records
- Gain the ability to use resources efficiently and effectively
- Establish long term financial sustainability
Participants:
- Financial department personnel
- Accounting professionals
- Sales and marketing professionals
- Anyone interested in budgeting and financial management
