Course Schedules

Classroom 9 Sessions
Online / Live
Live

Introduction

Accounting, Decision Making & Financial Communication Training Course provides professionals with the essential knowledge needed to understand financial information and use it effectively for business decision-making. Accounting and finance play a critical role in helping organisations collect, analyse, and communicate financial data that supports management control and strategic planning.

This Accounting and Financial Communication Training Course explains how accounting information is recorded, analysed, and presented to support internal management decisions and external reporting requirements. Participants will explore the structure of key financial statements, including the income statement, balance sheet, and cash flow statement, and understand how these reports communicate the financial position of an organisation.

The course also examines the role of management accounting in supporting operational decisions, budgeting processes, and performance measurement. By strengthening financial literacy and improving the ability to interpret financial data, this Accounting for Decision Making Training Course enables professionals to communicate financial information more effectively and contribute to improved business performance.

What are the Goals?

This Accounting, Decision Making & Financial Communication Training Course aims to strengthen participants’ understanding of accounting information and its role in organisational decision-making and financial communication. The course focuses on building practical skills for interpreting financial statements, analysing costs, and supporting performance management.

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

  • Understand the structure and purpose of key financial statements, including the income statement, balance sheet, and cash flow statement

  • Interpret cost behaviour and understand its impact on product and service costing

  • Understand the budgeting process and how budgets support organisational planning and control

  • Apply cost allocation methods to departments, products, and services

  • Analyse financial information to support operational and strategic decision-making

  • Develop and design performance measurement systems that support business objectives

  • Use accounting information to improve communication of financial performance within the organisation

Who is this Training Course for?

This Accounting and Financial Communication Training Course is designed for professionals who want to improve their understanding of accounting information and apply financial data more effectively in management roles. It is particularly valuable for individuals responsible for operational performance, planning, and organisational decision-making.

The course is suitable for professionals across different departments who need to strengthen their financial awareness and improve their ability to interpret accounting reports and financial indicators.

This training course will greatly benefit:

  • Members of operational management teams responsible for business performance

  • Managers responsible for divisional or departmental performance

  • Managers overseeing support functions within organisations

  • Consultants who provide advice on systems, operations, and business performance

  • Senior staff members who need a stronger understanding of financial reporting

  • Professionals seeking to improve financial communication and decision-making skills

How will this Training Course be Presented?

This Accounting, Decision Making & Financial Communication Training Course uses a practical and structured learning approach to help participants understand how accounting information supports effective management and organisational performance. The course combines expert instruction with practical examples to illustrate how financial data is used in real business environments.

Participants will engage in case studies, discussions, and practical exercises designed to strengthen their ability to interpret financial statements and analyse accounting information. These activities help participants connect accounting concepts with operational decision-making and financial planning.

Throughout the Accounting for Decision Making Training Course, participants will explore cost analysis, budgeting techniques, and performance measurement tools used in management accounting. The course also introduces reporting frameworks and financial communication practices that support organisational transparency.

This interactive learning approach helps participants develop the confidence and analytical skills required to interpret financial information and support effective business management decisions.

Course Content

Day 1

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 2

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 3

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 4

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 5

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

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
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