Certificate in Practical Finance and Accounting

Upcoming Sessions

Classroom sessions
Online sessions

Course Introduction

Accounting is often described as the language of business—it's the essential means by which managers communicate a firm's financial and economic information to external parties, such as shareholders and creditors. In today's business environment, financial illiteracy is a significant disadvantage.

Every company's narrative, regardless of its size, industry, or geographical location, is conveyed through its financial records and reports. Financial statements detail crucial aspects such as income, debt, revenue versus expenses, compensation, and the costs associated with retaining customers.

For non-financial managers, understanding financial statements and providing financial justification for decisions becomes imperative. When you must base decisions on numbers generated by others, lacking the ability to interpret these figures and ask the right questions can greatly diminish your effectiveness.

This Certificate in Practical Finance and Accounting will guide you through the fundamentals of finance and accounting. This course will help you grasp the essential systems and procedures of business accounting, enabling you to navigate and utilize financial information with confidence. Through this course, you'll gain the skills to better understand financial data, improve your decision-making process, and effectively communicate financial matters within your organization.

Objectives

By the end of this CPD Certificate in Practical Finance and Accounting training course, you will be able to:

  • Be Aware of How Financial Markets Can Support Efficient Business Operations
  • Read and Understand Annual Financial Reports, and Be Aware of How They Are Prepared
  • Understand How Business Accounting Systems Work
  • Identify and Appraise Wealth-Generating Investments
  • Apply a Range of Management Accounting Techniques to Maintain or Improve Profitability

Who Should Attend?

This COPEX training course is suitable to a wide range of professionals in all types of industries, who wish to better understand the practical benefits of accounting and finance for their business. It will be particularly useful for:

  • Financial and Business Advisors
  • Business Entrepreneurs
  • Members of the Operational Management Team
  • Those Who are Starting Their Careers in Finance and Accounting
  • Non-Executive Board Members on the Audit Committee

Course Outline

Day 1: The Business Accounting System

  • Why we need accounting systems
  • Identification, recording and understanding transactions in the accounting system
  • The income statement (statement of comprehensive income)
  • The balance sheet (statement of financial position)
  • The statement of cash flows
  • Applying accounting concepts, and financial reporting standards and exercising professional judgment

Day 2: Analysing and Interpreting the Annual Financial Report

  • Presentation of the financial statements
  • The differences between assets and expenses
  • Depreciation of long-term assets
  • Inventory costs and cost of goods sold (COGS)
  • Analysis of the financial statements
  • Interpretation of the financial statements

Day 3: Management Accounting

  • Management accounting for effective communication and decision-making
  • Identifying product costs and measuring output
  • Cost-volume-profit (CVP) and break-even analysis
  • Preparing and using budgets to plan and control the organisation
  • Actual to budget performance comparison
  • Using variance analysis to drive performance improvement

Day 4: Financing and Hedging Financial Risk

  • An overview of financial institutions and markets
  • Sourcing and raising finance
  • Choice of the most appropriate financing
  • Return on investment and the cost of capital
  • Foreign currency transactions
  • Managing foreign currency exchange rate and interest rate risk

Day 5: Maintaining Growth Through Value-Adding Investment

  • Identifying value-adding capital investment opportunities
  • Investment appraisal using accounting rate of return (ARR) and payback
  • Discounted cash flow (DCF) techniques: net present value (NPV) and internal rate of return (IRR)
  • Making investment choices when funds are limited
  • Risk and uncertainty
  • Incorporating risk into the investment decision

Accreditation

CPD Certified Training Courses

Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
  • CPD Certificate will be issued to delegates who successfully completed the training course in accordance with the international standards and principles of The CPD Certification Service

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

Related Certificates

CPD Certified Training Courses

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.
Career Advancement: Improve your career prospects and increase your earning potential.
Increased Confidence: Gain confidence in your abilities and enhance your professional presence.
Networking Opportunities: Connect with other professionals and industry experts.
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.

Enquiry

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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