Global Learning for Operational Leaders
Classroom
14 sessions
Scroll for more
Online / Live
14 sessions
Scroll for more
Introduction
Course overview
Stop what you are doing, take a step back, and look at how you perform your work. You will probably agree that things are currently effective, but could be more efficient. This course will provide you with the tools and techniques necessary to enhance all the building blocks of accounting and finance. From accounts payable and cash management to budgeting and financial statements, we will show you best practices in tools and techniques that will make your job easier and help you deliver more value. The course will also cover behavioral concepts related to the day-to-day accounting and finance operations.
What you will achieve
Learning objectives
- Identify the main elements of a vision for finance and accounting
- Evaluate and improve accounts payable process
- List the key best practices in receivables, inventory and cash management
- Assess the budgeting process in their organizations and recommend improvements
- Apply MS Excel reporting and analysis techniques for a faster accounting and finance operations
- Develop an enhanced understanding of the behavioral concepts related to the day-to-day finance and accounting operations
Who should attend
Target audience
- Professionals in the field of finance and accounting, managers, supervisors, and finance professionals who desire to understand, apply and implement practical tools to enable them to run the finance and accounting departments more efficiently.
- Target Competencies
- Analytical skills
- Accounts payable management
- Accounting and managing accounts receivables and inventory
- Preparing financial statements
- Budgeting
- Excel reporting and analysis
Methodology
Learning approach
- This course uses a mix of exercises, workshops, group case studies, and presentations. Additionally, some time will be devoted to learning practical tools in Excel for reporting, analysis and reconciliation. Conceptual ideas, rules, and best practices will also be discussed in accounting, finance, budgeting and general reporting.
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Finance and Accounting Best Practices and Operational Effectiveness
- The importance of best practices
- Effectiveness versus efficiency
- Functions of management
- Finance and accounting vision and mission
- Purposes and processes of finance and accounting
- Customer service survey
- Coffee break
- Customer service survey (continued)
- The new set of skills for Finance and Accounting
- Clean desk policy
- Peak performance time
- Successful meetings
- Communication skills
- Reviewing and authorization matrix
- Cross-training and backup strategies
Day 2
Financial Statements and Accounts Payable Management
- Income Statement
- Balance Sheet
- Cash Flow Statement
- Understanding the relationship between financial statements
- Accounts payable lifecycle
- Coffee break
- Accounts payable lifecycle (continued)
- Common AP inefficiencies and areas for improvement
- Centralized versus decentralized AP
- AP and supplier portals
- Electronic expense reporting
- Online purchasing catalogues
- Document management systems
Day 3
Accounts Receivable, Inventory and Cash Management
- Accounts receivable lifecycle
- Accounting for the allowance for doubtful accounts
- Four dimensions of managing AR
- Credit policy
- Billing
- Collection
- Coffee break
- Collection (continued)
- AR segmentation
- Inventory lifecycle
- Inventory costing methods
- Valuation and presentation of inventory
- Best practices in inventory management
- Best practices in cash management
Day 4
Fixed Assets and Budgeting Management
- Fixed assets lifecycle
- Capitalizing versus expensing
- Tracking and controlling fixed assets
- Fixed asset records and reconciliation
- Coffee break
- Best practices in fixed asset management
- Budgeting approaches
- Selecting the appropriate budgeting method
- Improving coordination during the budgeting process
- Tips for creating efficiencies in the budgeting process
Day 5
Financial Reporting and Analysis Using Microsoft Excel
- Consolidating data from multiple sources
- Validating data for accuracy
- Structuring data for efficient financial reporting
- Creating and managing PivotTables
- Preparing periodic reports efficiently
- Performing efficient and accurate reconciliations
- Coffee break
- Performing efficient and accurate reconciliations (continued)
- Bank statement reconciliation
- Payroll reporting and analysis
- Accounts payable reporting and analysis
- General ledger reporting, reconciliation and analysis
- Budget reporting and analysis
- Invoice analysis and reporting
- Creating flash management reports
FAQ
Frequently asked questions
What does Certificate in Accounting Operations (AF-013) cover?
This course covers Accounting and Finance through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 16 - 20 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Professionals in the field of finance and accounting, managers, supervisors, and finance professionals who desire to understand, apply and implement practical tools to enable them to run the finance and accounting departments more efficiently., Target Competencies, Analytical skills
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Barcelona, Paris, Munich, Amsterdam, London, Istanbul, Cape Town, Vienna.
How long is the training programme?
The programme runs for five days, with up to five training hours per day, from 9:00 AM to 2:00 PM. Each programme includes a total of 25 training hours.
Quick request
Send quick request
Send a fast enquiry about this course and the academy team will get back to you.
Get a quotation
Request a formal quotation
Choose an available date and venue, add your participants, and we will email a formal quotation for Certificate in Accounting Operations to your business address.