Professional Course in Accounting and Finance for Strategic Management

Overview

In today’s competitive business landscape, a profound understanding of accounting and finance is crucial for effective management and strategic decision-making. Our "Professional Course in Accounting and Finance for Strategic Management" is meticulously designed to equip managers with essential financial skills and insights, empowering them to make informed decisions, optimize resources, and drive organizational success. This course also covers how accounting transactions are compiled into financial statements and how to extract information about company performance from them. It also investigates how accounting information affects sales and marketing, human resources, and acquisitions.

Objectives

The primary objectives of this course are to:

• Excel financial statements, budgeting, forecasting, and financial analysis creation.
• Learn how to use financial data to make strategic business decisions and manage financial performance effectively.
• Navigate the budgeting process, including performance evaluation.
• Understand cost behavior and its impact on management decisions.
• Communicate and scrutinize financial information effectively.
• Appreciate the integration of finance, accounting, and governance.
• Implement business plans that align with strategic intent.
• Reduce territorial disputes between business functions.
•  Acquire skills to assess financial health and performance using various analytical tools and techniques.
• Learn to integrate financial planning into overall business strategy to achieve long-term organizational goals.

Course Outline

1. Introduction to Financial Management

• Basics of Financial Statements
• Key Financial Ratios and Metrics

2. Advanced Accounting Principles

• Revenue Recognition
• Expense Allocation
• Financial Reporting Standards

3. Budgeting and Forecasting

• Budget Preparation and Analysis
• Forecasting Techniques
• Variance Analysis

4. Financial Analysis Techniques

• Trend Analysis
• Ratio Analysis
• Break-Even Analysis

5. Strategic Financial Planning

• Capital Budgeting
• Investment Analysis
• Financial Strategy Formulation

6. Financial Performance Evaluation

• Performance Metrics
• Financial Health Assessment
• Case Studies and Real-World Applications

Target Group

This course is suitable for:

• Senior Managers and Executives: Those seeking to enhance their financial knowledge and decision-making skills.
• Finance Professionals: Individuals aiming to deepen their expertise in financial management and accounting.
• Business Owners: Entrepreneurs looking to gain a comprehensive understanding of financial management to drive business growth.
• Aspiring Managers: Professionals preparing for managerial roles who need a solid foundation in finance and accounting.

Program Cost

• 5-Day Training: €3700
• 10-Day Training: €6500

The "Professional Course in Accounting and Finance for Strategic Management" is available on different dates upon request. Tailor the training schedule to fit your needs and ensure optimal learning outcomes.

Organizers

This course is organized by the Geneva Institute of Business Management in collaboration with its esteemed partners across Europe, providing high-quality training that meets international standards.