Course Schedules

Classroom 7 Sessions
Online / Live
Live

No dates scheduled

Course Modules

This training course is split into the following modules:

Our 10-day training courses consist of 2 modules that can be booked as a complete 10-day program or as individual 5-day courses.

Introduction

This Mini MBA: Accounting & Finance training course is designed to explore the critical role of accounting and finance in the modern business environment. Offering an MBA-level experience in content, instruction, discussion, and team exercises, the course provides a thorough examination of how accounting information is collected, recorded, analyzed, and presented to support effective management, control, and decision-making processes.

Participants will gain insights into the key factors essential for successful financial management within a corporation, including the strategic allocation of resources in the context of economic, competitive, and physical challenges. The course also emphasizes the significance of high-quality corporate governance and effective financial risk management.

What are the Goals?

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
  • Manage financial risks
  • Understand corporate governance mechanisms

Who is this Training Course 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

Course Content

MODULE I

Accounting, Decision Making & Financial Communication

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
MODULE II

Certificate in Finance, Risk Management & Corporate Governance

Day 6
Financial Strategy and Performance
  • The role of finance in strategic development and corporate sustainability
  • Interpreting internal and external financial information for decision-making
  • Evaluating liquidity, profitability, and efficiency - key performance metrics
  • Developing a strategic financial plan aligned with business objectives
  • Working capital and cash flow management for sustainable growth
  • Using free cash flow and financial ratios to support strategic investment decisions
Day 7
Foundations of Corporate Governance and Ethical Leadership
  • Principles and frameworks of effective corporate governance
  • The evolution and significance of governance in modern organizations
  • Governance, ethics, and accountability - integrating responsible leadership
  • The relationship between boards, management, and shareholders
  • Understanding stakeholder expectations and building trust through transparency
  • Global governance codes and regulatory perspectives
Day 8
The Governance Ecosystem – Roles, Structure, and Oversight
  • Agency theory and the governance responsibilities of directors
  • Board composition, independence, and diversity in governance effectiveness
  • The strategic role of committees - audit, risk, nomination, and remuneration
  • Interaction between internal and external auditors
  • Governance reporting, disclosure, and communication practices
  • Lessons from governance failures and successes
Day 9
Risk Management within the Governance Framework
  • Understanding the risk-governance nexus
  • Identifying, measuring, and managing enterprise and financial risks
  • The Four T’s of risk management: Tolerate, Treat, Transfer, Terminate
  • Integrating risk management into the governance framework
  • Addressing emerging risks - cybersecurity, ESG, and reputational risk
  • Risk oversight: The role of the board and the audit committee
Day 10
Financial Risk Management
  • Risk and Uncertainty in Business
  • Identifying & Measuring Financial Risk
  • How to Manage Risk - The Four Ts
  • Managing Exchange Rate Risk
  • Managing Commodity Price Risk
  • Managing Interest Rate Risk

The Certificate

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