Course Overview
Achieving financial success requires a strong understanding of advanced accounting principles. This course helps empower participants to optimize financial strategies, enhance decision-making processes, and drive organizational success through sound financial principles. Through comprehensive modules on key accounting topics, participants will gain a solid foundation in financial reporting, budgeting, and performance analysis.
Course Objectives
- Develop and implement advanced financial strategies.
- Optimize budgeting, forecasting, and financial planning processes.
- Learn effective budgeting and forecasting strategies for better financial planning.
- Demonstrate how the cash flow statement shows the cash inflows and outflows of an organization.
- Show you how to apply management principles to the financial resources of an organization.
Course Outline
Module 1: Understanding Advanced Financial Statements
- Interpreting balance sheets, income statements, and cash flow statements
- How to analyze the impact of financial decisions on business performance
Module 2: Financial Reporting and Compliance
- International accounting standards (IAS) and International Financial Reporting Standards (IFRS)
- Ensuring compliance with global accounting regulations and ethical standards
Module 3: Budgeting and Forecasting
- Developing and managing budgets for long-term financial success
- Forecasting techniques for accurate financial planning
Module 4: Cost Management and Analysis
- Evaluating fixed, variable, and mixed costs
- Applying cost control measures to improve business efficiency
Module 5: Financial Decision-Making and Performance Analysis
- Conducting performance analysis through key financial ratios
- Using financial data to support strategic decision-making
Module 6: Managing Financial Risks
- Identifying and mitigating financial risks in business operations
- Building robust financial models to support business sustainability
Target Group
This course is ideal for:
- Financial Managers.
- Finance Directors.
- Senior Accountants.
- Business Analysts.
- Financial Controllers.
Program Cost:
- 5-day training: €3700
- 10-day training: €6500
This program is available on different dates upon request, offering flexibility to fit your schedule. For further details on upcoming sessions or to arrange a specific date, please contact us.
Organizers
The Geneva Institute of Business Management organizes this course with its partners across Europe.