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A highly interactive training course on

Mini MBA: Accounting & Finance

Mastering Accounting & Finance
Coventry Academy - Mini MBA: Accounting & Finance
5
Days

Course Schedules

 London
 10-21 Feb 2025
 $11,900
 Dubai
 28 Apr-09 May 2025
 $11,900
 Dubai
 02-13 Jun 2025
 $11,900
 Dubai
 04-15 Aug 2025
 $11,900
 Dubai
 06-17 Oct 2025
 $11,900
 London
 17-28 Nov 2025
 $11,900
 Dubai
 15-26 Dec 2025
 $11,900

Training course overview

This intensive training course offers a comprehensive exploration of accounting and finance within today's business environment, providing participants with an advanced 'MBA level' education through in-depth content, interactive instruction, and practical team exercises. Participants will learn how to collect, record, analyze, and present accounting information to facilitate effective management decisions and ensure regulatory compliance. Key topics include resource allocation efficiency, corporate governance best practices, and the management of financial risks, all crucial for optimizing organizational performance and navigating dynamic economic landscapes. Join us to strengthen your financial acumen, enhance strategic decision-making skills, and contribute effectively to your organization's success.

What are the goals?

By attending this Coventry Academy training course, you should achieve these goals:

  • Understand Income Statement, Balance Sheet, and Cash Flow Statement
  • Interpret Cost Behavior and its Impact on Product Costing
  • Understand the Process of Budgeting
  • Manage Financial Risks
  • Understand Corporate Governance Mechanisms

Who is this training course for?

This Coventry Academy training course is suitable for a wide range of professionals who wish to achieve career progress by expanding their financial knowledge.

However, it will be most suitable for operational and middle Managers who wish to better understand and make use of financial information in their management roles, for example:

  • Members of the Operational Management Team
  • Managers Who Have responsibility for Divisional Performance
  • Managers Who Have responsibility for Support Functions
  • Consultants Who Provide Advice on Systems and Operations
  • Senior Staff Members of Any Department

Course Outline

Module 1: Accounting, Decision Making & Financial Communication

Day One: Introduction to Accounting
  • The importance of accounting information
  • The role of the Finance Function
  • The accounting equation and financial accounting systems
  • Recording facts and applying judgement
  • Preparing the Income Statement and Balance Sheet
  • Accounting principles and accounting standards                  
Day Two: Accounting Reports
  • The format and contents of the Income Statement
  • The format and contents of the Balance Sheet
  • The effect of depreciation and impairment on profit
  • Identifying and valuing inventory
  • Preparing the Cash flow Statement
  • The importance of cash flow in business
Day Three: Management Accounting for Control and Decision-Making
  • Collecting and analyzing costs
  • The structure of direct and indirect costs
  • Dealing with overheads – absorption costing or ABC?
  • Cost-Volume-Profit and break even analysis
  • Decision making – make or buy
  • Decision making – the effect of limiting factors
Day Four: Communicating the Plan Through Budgeting
  • Corporate planning and corporate objectives implemented through budgeting
  • The budgeting process and timescale
  • Sales budget forecasting techniques
  • Cascading the budgets across the whole business
  • Preparing functional budgets and the cash budget
  • Budgeting principles, methodologies and applications
Day Five: Measuring Performance to Inform Decision Making
  • Monthly management reporting
  • Setting and using standards
  • Identifying and calculating variances
  • Operating and planning variances – who is responsible?
  • Measuring responsibility centre performance, ROI, RI and EVA
  • Non-financial performance – the Balanced Scorecard

Module 2: Finance, Risk Management & Corporate Governance

Day Six: Finance and Financial Information
  • Finance & Accounting
  • Developing a Strategic Financial Plan
  • Financial Information: - Internal & External
  • Evaluating Financial Performance to improve Liquidity, Profitability, & Efficiency
  • Working Capital Management
  • Cash Flow Statements and Calculating Free Cash Flow
Day Seven: Financing the Business and the Cost of Capital
  • Sources of Long Term & Short Term Finance
  • The Optimum Capital Structure – Equity or Debt?
  • Calculating the Cost of Equity and Meeting Shareholder Expectations
  • Calculating the Cost of Debt – Fixed or Floating Rate
  • The Weighted Average Cost of Capital (WACC)
  • The Capital Asset Pricing Model (CAPM)
Day Eight: CAPEX - Analysis of Investment Decisions
  • Strategic Issues facing Organisations Today
  • Preparing Project Cash Flow Forecasts in Excel
  • Capital Investment Appraisal Techniques: Accounting Rate of Return (ARR) and Payback
  • Discounted Cash Flow Appraisal Techniques:  NPV and IRR
  • Capital Rationing and the Profitability Index (PI)
  • Dealing with Risk in Investment Appraisal - RAROC
Day Nine: Financial Risk Management
  • Risk and Uncertainty in Business
  • Identifying & Measuring Financial Risk
  • How to Manage Risk – The Four Ts
  • Managing Exchange Rate Risk
  • Managing Commodity Price Risk
  • Managing Interest Rate Risk
Day Ten: Corporate Governance
  • Recognising the needs of stakeholders
  • The Role and Scope of Corporate Governance
  • Agency Theory: The Role of Directors & Shareholders
  • The Role of External & Internal Auditors
  • The Role of the Audit Committee
  • Emerging trends in Corporate Governance

The certificate

  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Coventry Academy
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