Accounting, Decision Making & Financial Communication

Code

Start Date

2025-08-24

End Date

2025-08-28

City

Cairo

Price

2450 $

Language

Participants

1-15

Hotel

Hotel Meeting Room

Provide us with your details and the team will contact you

Send to a friend

Please fill in all the fields below and a link will be sent to your e-mail when you click it. You will be redirected to the download page

Full Name

Mobile Number

E-mail

Please fill in all the fields below and a link will be sent to your email when it is clicked

Full Name

Mobile Number

E-mail

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

To view the training curriculum, please click here
To view the registration, payment, and cancellation policy, please click here
To view the terms and conditions for the training program locations, please click here.