Classroom
17 sessionsOnline / Live
17 sessionsIntroduction
Course overview
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.
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.
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
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)
- Coffee break
- The income statement (statement of comprehensive income) (continued)
- 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
- Coffee break
- Depreciation of long-term assets (continued)
- 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
- Coffee break
- Cost-volume-profit (CVP) and break-even analysis (continued)
- 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
- Coffee break
- Choice of the most appropriate financing (continued)
- 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
- Coffee break
- Discounted cash flow techniques: NPV and IRR (continued)
- 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 9 - 13 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Finance and Accounting Staff, Non-Finance Managers, Business Owners
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 London, Barcelona, Kuala lumpur, Istanbul, Madrid, Paris, Munich, Amsterdam.
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 Practical Finance and Accounting to your business address.
Global Learning for Operational Leaders