A Highly Interactive Training Course On

Accounting, Decision-Making & Financial Communication

Financial Information for Effective Business Management

Accounting, Decision-Making & Financial Communication
Course Schedule

CLASSROOM

03-07 Aug 2026
Amsterdam
$5,950
16-20 Nov 2026
London
$5,950
11-15 Jan 2027
Barcelona
$5,950
22-26 Mar 2027
London
$5,950
31 May-04 Jun 2027
Dubai
$5,950
02-06 Aug 2027
Amsterdam
$5,950
15-19 Nov 2027
London
$5,950

ONLINE

13-17 Jul 2026
Online
$4,950
28 Sep-02 Oct 2026
Online
$4,950
12-16 Jul 2027
Online
$4,950
27 Sep-01 Oct 2027
Online
$4,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

Accurate and timely accounting information is critical for effective decision-making, resource allocation, and strategic management. This Accounting and Financial Management Training Course by Coventry Academy provides a comprehensive overview of accounting principles, financial reporting, and management accounting practices. Participants will learn how to collect, record, analyze, and communicate financial information to support organizational performance.

The course emphasizes how accounting serves as the "language of business," enabling managers to interpret financial data and make informed decisions. Delegates will explore both financial and management accounting systems, understand the preparation of key financial statements, and gain the skills to convey complex financial information clearly to stakeholders.

Key focus areas of this course:

  • Understanding the role of accounting information in business decision-making
  • Preparing and analyzing the Income Statement, Balance Sheet, and Cash Flow Statement
  • Exploring cost behavior and its impact on product costing
  • Learning budgeting processes and cost allocation methods
  • Designing performance measurement systems including ROI, EVA, and Balanced Scorecards
  • Communicating financial information effectively to support strategic decisions

This training equips professionals with the ability to translate financial data into actionable insights, improve control systems, and drive operational success.

What are the goals?

By the end of this Management Accounting and Financial Communication Training Course, participants will be able to:

  • Prepare and interpret Income Statements, Balance Sheets, and Cash Flow Statements
  • Analyze cost behavior and apply it to product and service costing
  • Understand and implement the budgeting process across departments and functions
  • Allocate costs effectively to products, services, and business units
  • Design performance measurement systems for operational and strategic management
  • Improve financial communication to inform decision-making at all levels
  • Apply management accounting tools for resource optimization and strategic planning

These goals ensure participants can make informed, data-driven decisions and communicate financial insights clearly and effectively.

Who is this Training Course for?

This Coventry Academy training course is ideal for professionals who need a practical understanding of accounting to support management decisions. It is particularly suited for operational and middle managers responsible for divisional performance and budget oversight.

This training course is suitable to a wide range of professionals but will greatly benefit: 

  • Members of the operational management team
  • Managers responsible for divisional or departmental performance
  • Managers of support functions such as HR, Operations, or IT
  • Consultants advising on business systems and operations
  • Senior staff members across departments who require financial literacy to enhance decision-making

Delegates will gain the skills to leverage financial information effectively, improving both operational efficiency and strategic planning within their organizations.

How will this Training Course be Presented?

This Coventry Academy training course uses a mix of lectures, interactive exercises, and case studies to ensure practical understanding of accounting and financial communication. Participants will engage in hands-on analysis of financial statements, cost allocation exercises, and budget preparation scenarios.

Delegates will also practice designing performance measurement tools, interpreting financial data for decision-making, and communicating insights to stakeholders. Role-playing and group discussions will reinforce learning, ensuring participants can apply accounting principles confidently in real-world business environments.

The Course Content

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

Providers and Associations

Anderson
Anderson
Aztech Training
Aztech Training
COPEX
COPEX