A Highly Interactive Training Course On

Accounting, Decision-Making & Financial Communication

Financial Information for Effective Business Management

18-22 Nov 2024
London
$5,950
13-17 Jan 2025
Kuala Lumpur
$5,950
10-14 Feb 2025
London
$5,950
02-06 Jun 2025
Dubai
$5,950
04-08 Aug 2025
Geneva
$5,950
17-21 Nov 2025
London
$5,950
14-18 Jul 2025
Online
$3,950
29 Sep-03 Oct 2025
Online
$3,950

Course Overview

Having a grasp of Accounting and Finance basics is crucial for decision-making and communication. This Accounting, Decision-Making & Financial Communication training course offers a detailed overview of how accounting information is gathered, recorded, analyzed, and presented for effective management, control, and decision-making, both internally and externally. Understanding this "language of business" is vital for key personnel within organizations. The course also covers financial and management accounting systems and structures, highlighting their importance in ensuring business success.

Training Objectives

By attending this COPEX training course you should achieve these goals:

  • Understand Income Statement, Balance Sheet, and Cash Flow Statement
  • Interpret Cost Behavior and its Impact on Product Costing
  • Understand the Process of Budgeting
  • Master Cost Allocation to Departments, Products, and Services
  • Design a Performance Measurement System

Who should Attend?

This COPEX training 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

Training Outline

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

Certificates

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

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.
Learn More About In-house Training

Got some questions? Look here.

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.

How can I register?

There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to [email protected]
Telephone – +971 4 368 6886 or +971 50 106 2750

When will I receive the confirmation for my registration/s?

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.

What is included in the training fee?

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.

What are the available payment methods?

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

How many hours per day, and what are the timings of your training courses?

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.

Where do you usually hold your training courses?

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.

Do you provide hotel booking assistance to your delegates?

Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates

In case of failure to attend, what is your cancellation policy?

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.

What will I receive after the training course?

Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.