Global Learning for Operational Leaders
Course AF-006
Certificate in Practical Finance and Accounting
Finance and accounting knowledge is essential for making sound business decisions, controlling performance, and supporti... The outline covers The Business Accounting System, Analysing and Interpreting the Annual Financi...
Classroom
16 sessions
Scroll for more
Online / Live
16 sessions
Scroll for more
Introduction
Course overview
Why Attend
Finance and accounting knowledge is essential for making sound business decisions, controlling performance, and supporting sustainable growth. Professionals across all functions need to understand financial statements, budgeting, costs, financing options, and investment evaluation. This course provides participants with practical finance and accounting tools that can be applied immediately in the workplace.
Course Methodology
This course uses an interactive and practical approach through presentations, case studies, financial exercises, group discussions, ratio analysis, budgeting workshops, and real workplace examples.
Course Objectives
- Understand core accounting principles and financial systems
- Read and interpret financial statements confidently
- Apply management accounting tools for decisions
- Prepare budgets and analyze performance variances
- Evaluate financing options and financial risks
- Use investment appraisal techniques effectively
- Improve financial decision-making skills
- Support business growth through value-focused finance practices
Target Audience
- Finance and Accounting Staff
- Non-Finance Managers
- Business Owners
- Department Managers
- Budget Holders
- Project Managers
- Anyone seeking practical finance knowledge
Target Competencies
- Financial Literacy
- Accounting Principles
- Budgeting and Forecasting
- Cost Analysis
- Investment Appraisal
- Risk Management
- Decision-Making
- Performance Analysis
What you will achieve
Learning objectives
- Understand core accounting principles and financial systems
- Read and interpret financial statements confidently
- Apply management accounting tools for decisions
- Prepare budgets and analyze performance variances
- Evaluate financing options and financial risks
- Use investment appraisal techniques effectively
- Improve financial decision-making skills
- Support business growth through value-focused finance practices
Who should attend
Target audience
- Finance and Accounting Staff
- Non-Finance Managers
- Business Owners
- Department Managers
- Budget Holders
- Project Managers
- Anyone seeking practical finance knowledge
- Target Competencies
Methodology
Learning approach
- This course uses an interactive and practical approach through presentations, case studies, financial exercises, group discussions, ratio analysis, budgeting workshops, and real workplace examples.
Course content
Five focused days of learning and application
Day 1
The Business Accounting System
- Why we need accounting systems
- Identification, recording and understanding transactions in the accounting system
- The income statement (statement of comprehensive income)
- The balance sheet (statement of financial position)
- The statement of cash flows
- Applying accounting concepts, financial reporting standards, and professional judgment
Day 2
Analysing and Interpreting the Annual Financial Report
- Presentation of the financial statements
- Differences between assets and expenses
- Depreciation of long-term assets
- Inventory costs and cost of goods sold (COGS)
- Analysis of the financial statements
- Interpretation of the financial statements
Day 3
Management Accounting
- Management accounting for effective communication and decision-making
- Identifying product costs and measuring output
- Cost-volume-profit (CVP) and break-even analysis
- Preparing and using budgets to plan and control the organization
- Actual to budget performance comparison
- Using variance analysis to drive performance improvement
Day 4
Financing and Hedging Financial Risk
- Overview of financial institutions and markets
- Sourcing and raising finance
- Choice of the most appropriate financing
- Return on investment and cost of capital
- Foreign currency transactions
- Managing exchange rate and interest rate risk
Day 5
Maintaining Growth Through Value-Adding Investment
- Identifying value-adding capital investment opportunities
- Investment appraisal using ARR and payback
- Discounted cash flow techniques: NPV and IRR
- Making investment choices when funds are limited
- Risk and uncertainty
- Incorporating risk into the investment decision
FAQ
Frequently asked questions
What does Certificate in Practical Finance and Accounting (AF-006) 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 1 - 5 June 2026, with additional classroom dates and mirrored Online / Live options listed in the course schedules section.
Who should attend this course?
Finance and Accounting Staff, Non-Finance Managers, Business Owners
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?
Yes. The course detail page includes both classroom sessions and Online / Live sessions, with online options aligned to the same course dates for easier planning.
Where are classroom sessions delivered?
Current classroom venues include Amsterdam, Istanbul, Paris, Barcelona, Munich, Kuala lumpur, London.
Still Have Questions?
Contact the academy team for course details, delivery options, and delegate guidance.
Related training courses
Continue building your improvement capability
Quick request
Send quick request
Send a fast enquiry about this course and the academy team will get back to you.