Mastering Accounting, Budgeting
and Performance Measurement

Financial information originates from the organization’s accounting system and represents a comprehensive view of events that have already occurred, but it also provides an ideal database for forecasting future events, for preparing budgets, for setting targets, and maintaining control of operations.  This Anderson training course will allow you to master the traditional tools of budgeting and control as well as new dynamic approaches, which reflect and respond to the current complex business environment.

It is vitally important that managers are able to understand, interpret, and utilize financial information and reports, and can acquire the knowledge and skills to apply financial techniques to financial data, to inform logical and worthwhile decision-making.  This Anderson training course combines theory and practice. The purpose is to use a mix of proven learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

This comprehensive training course consists of two modules which can be booked as a 10-Day Training event, or as individual, 5-Day training courses.

Module 1 - Financial Bootcamp for Non-financial Professionals

Module 2 - The Essentials of Budgeting & Cost Control

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

• Explain the purpose of the three key financial statements ‘Income Statement, Statement of Financial Position, and Cash Flow Statement
• Evaluate the performance and position of an organization by analysing their Annual Financial Report
• Build an integrated planning, budgeting and reporting process
• Understand the role of Budgets within organizations
• Select the performance measurement systems and the KPIs that work

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

• Financial Planning & Control Staff
• Those with direct or indirect financial responsibilities
• Those from every business discipline and department who have to run departments and budgetary plans, and who are responsible for cost and strategic analysis
• Those from all sectors of industry, irrespective of functional responsibilities, but particularly those involved in manufacturing, production, engineering or sales
• Those working in a project management environment

Amongst a wide range of valuable topics, the following will be prioritised:

• Business organizations, sources of finance and the finance function
• The annual financial report
• Management accounting
• Investment appraisal
• Treasury and risk management
• Budgeting & cost control
• Costing: from traditional to activity-based
• Capital budgeting
• Beyond the budgets: linking financial and non-financial KPIs
• The links among strategic planning, budgeting and cost control

Anderson Certificate of Completion will be provided to delegates who attend and complete the course