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Cities

Barcelona

Accounting, Decision Making & Financial Communication

ID  61

Finance and Accounting Training Courses

Accounting, Decision Making & Financial Communication

Barcelona

Hotel Name
Hotel Meeting Room

07 Apr 2025 : 11 Apr  2025

25 Hours

4950 USD

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Training Details

Why Choose this Course?

This course will provide a comprehensive illustration of how accounting information is collected, recorded, how it is analysed and presented both internally and externally, to support effective management, control, and decision making. This is important because key personnel in an organization use accounting information which is often said to be the ‘language of business’; hence it is essential to understand and to be able to use this language.

This course will also introduce delegates to the systems and structures of financial and management accounting and their value in ensuring the success of the business. Delegates will be exposed to, and enjoy an ‘MBA Level’ experience in terms of content, instruction, discussion, and team exercises.

This course will feature:

  • The finance function, and financial and management accounting systems
  • The income statement, balance sheet, and cash flow statement
  • How to accurately determine product or service costs
  • Accounting techniques for effective decision making
  • Using budgets to control the business

 

What are the Goals?

By the end of this course, participants will be able to:

  • Prepare income statement, balance sheet, and cash flow statement
  • Explain the difference between profit and cash flow
  • Interpret cost behaviour and its impact on product costing
  • Use accounting techniques to improve profitability and efficiency
  • Construct functional and departmental budgets

 

Who is this Course for?

This course is suitable for a wide range of professionals who wish to achieve career progress by expanding their financial knowledge. However, it will be most suitable for operational and middle Managers who wish to better understand and make use of financial information in their management roles, for example:

  • Members of the operational management team
  • Managers who have responsibility for divisional performance
  • Managers who have responsibility for support functions
  • Consultants who provide advice on systems and operations
  • Senior staff members of any department

 

How will it be Presented?

This course uses a range of training methods designed to achieve effective learning, and to maintain the interest and enthusiasm of delegates. The presenter will discuss, develop, and build a framework of core knowledge of accounting and reporting, illustrating these with real-world examples.

A range of techniques will be presented, explained, and reinforced using exercises and examples. Delegates will have the opportunity to participate in teamwork exercises, analyzing financial data to control operations, measure performance, and make profitable decisions.

 

The Course Content

Day One : Introduction to Accounting

  • The importance of accounting information
  • The role of the Finance Function
  • The accounting equation and financial accounting systems
  • Recording facts and applying judgement
  • Preparing the Income Statement and Balance Sheet
  • Accounting principles and accounting standards

 

Day Two : Accounting Reports

  • The format and contents of the Income Statement
  • The format and contents of the Balance Sheet
  • The effect of depreciation and impairment on profit
  • Identifying and valuing inventory
  • Preparing the Cash flow Statement
  • The importance of cash flow in business

 

Day Three : Management Accounting for Control and Decision-Making

  • Collecting and analyzing costs
  • The structure of direct and indirect costs
  • Dealing with overheads – absorption costing or ABC?
  • Cost-Volume-Profit and break even analysis
  • Decision making – make or buy
  • Decision making – the effect of limiting factors

 

Day Four : Communicating the plan through Budgeting

  • Corporate planning and corporate objectives implemented through budgeting
  • The budgeting process and timescale
  • Sales budget forecasting techniques
  • Cascading the budgets across the whole business
  • Preparing functional budgets and the cash budget
  • Budgeting principles, methodologies and applications

 

Day Five : Measuring performance to inform Decision Making

  • Monthly management reporting
  • Setting and using standards
  • Identifying and calculating variances
  • Operating and planning variances – who is responsible?
  • Measuring responsibility centre performance, ROI, RI, and EVA
  • Non-financial performance – the Balanced Scorecard

Day 1 - Asset Cost Management Introduction

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 2 - Laying the Groundwork

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 3 - Applying the Value based Process

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 4 - Ensuring the Continuity of the Value-based Process

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

The European Quality of Training and Management Consulting relies on advanced methodology in developing skills and enhancing the effectiveness of human resources. The company adopts modern methods to achieve these goals. In order to achieve its objectives, European Quality follows the following steps in a precise and professional manner:

  • Lectures and Visual Presentations:

    • Theoretical lectures are presented through PowerPoint presentations, videos, and short films, providing a comprehensive and enjoyable learning experience.

  • Scientific Assessment:

    • Trainees are thoroughly assessed before and after the training program to ensure the desired objectives are achieved and to provide necessary guidance.

  • Brainstorming and Role-playing:

    • Innovation and problem-solving are encouraged through brainstorming sessions and role playing experiences.

  • Practical Cases:

    • Practical learning is emphasized through cases relevant to the subject matter and the nature of work for the trainees, contributing to the development of practical skills.

  • Final Evaluation and Certificates:

    • A comprehensive assessment is conducted at the end of the program. Trainees are awarded attendance and participation certificates recognized by the European Quality for Training and Administrative Consultations, provided they have completed at least 80% of the program days.

  • Training Materials:

    • Professional trainers and experts in various fields create scientific and practical training materials, which are printed and retained, and distributed on CD or flash drives to ensure easy access to the content.

  • Post-Training Follow-up:

    • European Quality for Training and Administrative Consultations provides continuous support after the training program. This support includes additional consultancy sessions or workshops to ensure the continuity of learning and the application of acquired skills in the working environment.

  • Customized Training Programs:

    • Training programs are designed to meet the needs of individual companies and institutions. Client needs are carefully analyzed to ensure that the training content aligns with their specific objectives and achieves the desired impact.

  • Utilizing Technology:

    • Training incorporates modern techniques such as online platforms and distance learning to provide flexible and effective learning experiences. Participants can access educational resources online and engage in discussions and online workshops.

  • Specialized Trainers:

    • Trainers and lecturers are carefully selected to ensure they have high expertise in their fields. Experience and professionalism are added to the training to ensure the delivery of high-quality content and effective learning experiences.

  • Encouraging Participation:

    • European Quality encourages active participation and interaction during training sessions. Interactive activities such as group discussions and collective exercises are organized to stimulate effective participation in the learning process.

  • Focus on Personal Transformation:

    • Participants are encouraged to think critically and develop problem-solving skills and decision making abilities. They are guided towards achieving personal and professional transformation, leading to improved performance in their work areas.

  • Continuous Assessment:

    • Continuous assessments are provided to evaluate participants performance and their understanding of the training materials. This assessment is used to modify the training program if necessary and ensure the desired results are achieved.

  • Terms and Conditions:

    • Terms and conditions apply to all training programs. It is assumed that registering for any training program implies the participants agreement to these terms, including registration, payment, and cancellation policies.

  • Prices and Discounts:

    • It is noted that the prices displayed on the website do not include a 5% value added tax. All prices are subject to discounts according to the companys policies.

European Quality of Training and Management Consulting reserves the right to change the location of the training program, change the accredited lecturers for program delivery, hold, or cancel the program in line with the companys vision and program conditions and our quality policy.

European Quality for Training and Consultancy is certified

ISO 9001-2015

All rights reserved

Course Options

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Zurich
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Geneva
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Vienna
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Manama
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London
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Madrid
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Salalah
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Dubai
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Cairo
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24 Aug 2025   :  28 Aug 2025
Riyadh
2950$
01 Sep 2025   :  05 Sep 2025
Kuala Lumpur
3950$
08 Sep 2025   :  12 Sep 2025
Barcelona
4950$
08 Sep 2025   :  12 Sep 2025
London
4950$
15 Sep 2025   :  19 Sep 2025
Madrid
4950$
15 Sep 2025   :  19 Sep 2025
Lisbon
4950$
21 Sep 2025   :  25 Sep 2025
Kuwait
3250$
21 Sep 2025   :  25 Sep 2025
Marrakech
3950$
22 Sep 2025   :  26 Sep 2025
Beijing
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28 Sep 2025   :  02 Oct 2025
Amman
2950$
06 Oct 2025   :  10 Oct 2025
Jakarta
3450$
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Cape Town
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Jeddah
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19 Oct 2025   :  23 Oct 2025
Casablanca
3950$
20 Oct 2025   :  24 Oct 2025
Amsterdam
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27 Oct 2025   :  31 Oct 2025
Paris
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03 Nov 2025   :  07 Nov 2025
Geneva
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09 Nov 2025   :  13 Nov 2025
Doha
3650$
10 Nov 2025   :  14 Nov 2025
Vienna
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10 Nov 2025   :  14 Nov 2025
Milan
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17 Nov 2025   :  21 Nov 2025
Munich
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24 Nov 2025   :  28 Nov 2025
Istanbul
2950$
30 Nov 2025   :  04 Dec 2025
Manama
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08 Dec 2025   :  12 Dec 2025
Boston
6950$
15 Dec 2025   :  19 Dec 2025
Roma
4950$
22 Dec 2025   :  26 Dec 2025
Prague
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28 Dec 2025   :  01 Jan 2026
Beirut
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12 Courses

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A

Z

Treasury and Cash Management

ID 662

One week

Course Details

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Treasury and Risk Management

ID 861

One week

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Accounts Payable From Accounting to Management (Planning, Organizing and Achieving Best Practices)

ID 598

One week

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Accounts Payable: Accounting and Management Best Practices

ID 761

One week

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Payroll Accounting

ID 762

One week

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Dates & Locations

Corporate Finance

ID 40

One week

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Finance for Managers

ID 41

One week

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Dates & Locations

International Financial Reporting Standards

ID 42

One week

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Dates & Locations

Budgeting, Forecasting and the Planning Process

ID 43

Two weeks

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Dates & Locations

The Financial Excellence Programme

ID 44

Two weeks

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Dates & Locations

Financial Analysis, Planning & Control

ID 45

Two weeks

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Dates & Locations

Oil & Gas Accounting & Performance Measurement

ID 46

One week

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Dates & Locations