Methodology

This course uses a mix of exercises, workshops, group case studies, and presentations. Additionally, sometime 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.

Course Objectives

By the end of the course, participants will be able to:

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

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