Accounting for Investment & Managerial Decision-Making

Course Overview

In the dynamic world of modern organizations, finance and accounting aren’t just about cost reduction – they’re key players in enhancing planning, driving efficiencies, and providing insights across the entire company. For non-financial managers and decision-makers, a solid understanding of finance and accounting is not only beneficial but a strategic advantage for effective business alignment.

Introducing our intensive Accounting for Investment and Managerial Decision-Making training course! Designed to empower you with critical financial and managerial accounting skills, this program is your gateway to making informed business and investment decisions, ultimately enhancing organizational performance. Participants will explore the essentials of financial reporting, gaining the ability to interpret income statements and balance sheets, and mastering the art of effectively communicating results to key stakeholders.

The course utilizes practical real-life cases to illustrate the pivotal role of accounting and finance in organizational success. You will explore strategies to evaluate costs, efficiencies, and profits, fostering sustainable improvement. Additionally, you will learn to set budgets and targets aligned with the organization’s risk profile.

Key Highlights of the course:

  • The accounting function, financial, and management accounting systems
  • The income statement, balance sheet, and cash flow statement
  • How to determine accurately the cost of product or service
  • Application of effective finance and accounting techniques for decision-making
  • Utilization of budgets to set targets and take control of business outcomes

Join us in this learning experience, where theory meets practical application.

Who Should Attend

  • Analyze and interpret an organizations’ annual report
  • Explain the difference between profit and cash flow
  • Interpret cost behavior and its impact on product costing
  • Use accounting techniques to improve profitability and efficiency
  • Use ratio analysis to evaluate financial position and financial performance
  • Understanding functional and departmental budgets

Course Objectives

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

  • Analyze and interpret an organizations’ annual report
  • Explain the difference between profit and cash flow
  • Interpret cost behavior and its impact on product costing
  • Use accounting techniques to improve profitability and efficiency
  • Use ratio analysis to evaluate financial position and financial performance
  • Understanding functional and departmental budgets

Course Content

Introduction to Financial Analysis

  • The importance of financial accounting data
  • Users of financial information
  • Sources of financial information
  • The purpose of published annual reports and accounts
  • The structure and contents of an annual report and accounts
  • The three main financial statements
  • Income statement
  • Balance sheet
  • Statement of cash flows

Ratio analysis

  • Ratios and other analyses of the annual report to assess financial performance
  • Efficiency and working capital
  • Liquidity and short-term solvency
  • Investment and growth
  • Financial structure and long-term solvency

Capital investment decisions

  • Identify long-term debt and equity, and short-term financing
  • Cost of capital: capital asset pricing model (CAPM) and cost of debt
  • Weighted average cost of capital (WACC)
  • Optimal capital structure models and WACC
  • Future values, present values, and discounted cash flow (DCF)
  • Using net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR) and equivalent annual cost (EAC) to analyse and evaluate capital projects
  • Business valuations

Cost analysis

  • Cost, behavior and activities
  • Fixed and variable costs, direct and indirect costs
  • Product costs and period costs
  • Cost allocation and absorption of overheads
  • Absorption or full costing
  • Cost-volume-profit (CVP) analysis
  • Activity based costing (ABC)

Budgetary control and performance improvement

  • Budget preparation process
  • Preparation of the master budget
  • Responsibility accounting and variance analysis
  • Standard costing; flexed budgets; budgetary control to measure organizational and management performance
  • Advantages, disadvantages, and behavioral aspects of budgeting
  • The conflict between performance improvement and the costing system

Table of Contents

Course Code DU0305 Category
Location: Dubai, UAE
Duration: 5 Days
Language: English
Cost: 15,770 SAR
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