Efficient Finance & Accounting Operations

The Efficient Finance & Accounting Operations training course is a highly participative programme designed to equip delegates with the skills to conduct finance and accounting operations efficiently—from raising and investing finance to preparing financial statements and management reports. This EuroMaTech course enables participants to support their organisation’s strategic and financial objectives by adopting the most effective methods for financing growth plans and evaluating potential projects using Payback, NPV, IRR, and MIRR. Additionally, the course develops core accounting skills with a focus on efficient bookkeeping, preparation of financial statements, cash flow and working capital management, budgeting, and costing. Key Competencies Developed Participants will enhance the following competencies: Analytical Skills: Evaluate finance and investment opportunities, as well as financial statements. Communication Skills: Present financial plans and make informed recommendations. Risk Management Skills: Identify, evaluate, and recommend appropriate risk management strategies. Management Skills: Make informed financial decisions to improve performance, cash, and liquidity management. Reporting Skills: Use financial assessments to support functional knowledge and decision-making.

This course is critical for the success of any organisation and is highly beneficial for: Finance professionals seeking to enhance their skills. Strategic managers evaluating the financial implications of major decisions. Operational, marketing, and production managers who liaise with finance departments. Professionals aspiring to manage departments where financial analysis and planning are key requirements. Risk managers seeking to adopt the latest techniques in financial risk management.

Day 1: Finance Operations – Raising Finance Efficiently Overview of Financial Management: Roles and Scope Sources of Short-Term and Long-Term Finance Evaluating Short-Term Financing Options Financing Investment Projects Cost of Debt and Cost of Equity (Dividend Growth Model & CAPM) Weighted Average Cost of Capital (WACC) Determining the Optimal Capital Structure Day 2: Finance Operations – Investing Efficiently Capital Investment Appraisal Techniques Payback, Net Present Value (NPV), Internal Rate of Return (IRR), and Modified IRR (MIRR) Financial Analysis and Project Evaluation Project Management and Control Evaluating and Managing Financial Risk Day 3: Accounting Operations – Efficient Bookkeeping & Financial Statements Efficient Bookkeeping Techniques Preparation of Final Accounts: Income Statement, Balance Sheet, and Cash Flow Statement Financial Statement Analysis and Business Performance Evaluation Common Size Statements Trend Analysis Ratio Analysis Dupont Analysis Z-Scores and Investment Ratios Cash Flow Ratios Peer Group and Industry Comparisons Accounting Policies and IFRS Considerations Using Financial Reports to Support Decision-Making Day 4: Accounting Operations – Cash Flow & Working Capital Management Evaluating Working Capital and Liquidity Inventory Management Accounts Receivable Management and Invoice Processing Accounts Payable and Payroll Management Cash Flow Management and Bank Reconciliation Day 5: Accounting Operations – Budgeting & Costing Cost Classifications and Behavior Break-Even Analysis and Cost-Volume-Profit Analysis Budget Development, Negotiation, and Implementation Using Budgets to Support Decision-Making Budgetary Control and Monitoring