Name: Accounting & Finance Policies & Procedures Training Course
Rating: 4.7 (1076 reviews)

We regret to inform you that there are currently no scheduled sessions for this course, so please let us know your preferred date and location and we will contact you soon.

Course Introduction

The most efficient way to establish company-wide effective internal control tools in any firm is through accounting and finance policies and procedures. Furthermore, accounting and finance rules and procedures are necessary for the board of directors and senior management to express the constraints and authorities delegated to various managers and staff within the firm.

The participants in this training course will be encouraged to create and implement operational policies and procedures using risk-based methods. They will learn to assign tasks to different individuals based on effective job separation and to use software to properly apply controls. This Accounting & Finance Policies & Procedures training course also includes examples of financial statements prepared in accordance with the International Financial Reporting System (IFRS).

This COPEX training course will feature:

Understanding business cycles
Creating policies and processes
Putting financial policies into action
Planning accounting processes
Task separation for employees
Setting up internal controls
Adherence to International Financial Reporting Standards (IFRS)

Objectives

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

Create comprehensive policies and procedures to streamline accounting for assets
Develop policies and procedures for liabilities
Plan the required resources for the department
Apply accounting concepts and International Financial Reporting Standards
Set the chart of accounts in detail to suit the business model

Training Methodology

This COPEX training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes various exercises and case studies to provide practical application of the tools and techniques. A wide range of key topics will be discussed – and tips and proven techniques will be shared to enable the process to be challenged and the service optimised – so that senior management’s expectations are exceeded.

Who Should Attend?

This COPEX training course is suitable to a wide range of professionals but will greatly benefit:

Financial Accountants
Receivables and Payables Team Members
Planning and Budgeting Managers
Corporate Reporting and Investor Relations Staff
Investment Analysts
Procurement Team Members

Course Outline

Day 1: Understanding the Accounting Principles and their Implications

Key Accounting assumptions
Accrual vs. cash basis
Going Concern
Assets, liabilities & Equity
Revenues and expense concepts
Accounting chart

Day 2: Setting Up Accounting and Finance Department: Policies & Manual

The need for proper planning in the reporting process
Human Resource Planning
Cost Centers and Accounts
Process Mapping Chart and measurement accuracy
Manual purpose and structure
Financial authorities and duties

Day 3: Assets Policies

Clients’ approval process
Invoicing: Collections & Allowance for uncollected receivables
Production and inventory processing
Assets capitalization costs
Depreciation, depletion and amortization (DDA)
Impairment procedure

Day 4: Liabilities Policies

Approval of supplies
Receiving invoices and accounting for inventory
Accrual policies
Processing of payment orders
Dividends payable

Day 5: Other Accounting Policies and Reporting

Notes receivable and payable
reporting for Payroll
Budgeting policies
Financial statement reporting process
Essentials of Financial analysis

Certificate

COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Whats Makes Copex Courses Unique?

COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

Related Categories

Finance & Accounting

Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

Enhanced Skills: Develop in-demand skills and knowledge in your chosen field.
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Increased Confidence: Gain confidence in your abilities and enhance your professional presence.
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Improved Job Performance: Enhance your productivity, efficiency, and job satisfaction.
Personal Growth: Develop valuable personal and professional skills that can benefit you in all areas of life.

Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

The training course fee can be settled by either:

Bank transfer
Credit Card

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

We can customize this
training course for you!

At Copex Training, we offer customizable courses designed to fit your specific needs. whether it's refining procurement practices or enhancing leadership and management skills, we tailor our programs to meet your unique goals and challenges. Let us create a training solution that delivers real results for your team.

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