Training Course Overview
Grasping the fundamentals of Accounting and Finance is pivotal for informed decision-making and effective communication within organizations. This Accounting, Decision Making & Financial Communication training course offers a comprehensive exploration of the processes involved in collecting, recording, analyzing, and presenting accounting information. This knowledge is vital for supporting efficient management, maintaining control, and facilitating sound decision-making both internally and externally.
Accounting information serves as the "language of business," enabling key personnel to navigate and interpret financial data effectively. Therefore, mastering this language is essential for professionals across various roles within an organization.
Furthermore, this training course provides insight into the systems and structures of financial and management accounting. Understanding these frameworks is instrumental in driving the success of businesses by enabling informed strategic decisions and resource allocation.
Training Course Objectives
By attending this Anderson training course, delegates will be able to:
- 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
Designed for
This Anderson 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