Home› Finance, Accounting & Budgeting› Accounting & Finance Policies & Procedures

A Highly Interactive Training Course On

Accounting & Finance Policies & Procedures

Driving Accountability and Insight Through Structured Financial Practices

Accounting & Finance Policies & Procedures

Course Schedule

Classroom

Online

No online dates are currently available.

Training Introduction

Effective internal control is the backbone of every successful organization, and strong accounting and finance policies and procedures are essential to maintain accuracy, transparency, and compliance. These policies not only safeguard assets but also ensure consistent financial reporting in alignment with regulatory standards.

The Accounting & Finance Policies & Procedures Training Course equips participants with practical knowledge and actionable skills to design, implement, and manage internal controls using risk-based approaches. The course emphasizes adherence to International Financial Reporting Standards (IFRS), providing professionals with the ability to streamline processes, minimize errors, and enhance organizational efficiency. Participants will learn to integrate accounting principles into daily operations, improve oversight, and strengthen financial governance frameworks.

Key Focus Areas of this Course:

  • Understand business cycles and their impact on accounting and finance operations
  • Design operational policies and procedures with a risk-based approach
  • Develop effective task assignments and job separation for stronger internal control
  • Gain practical experience with software tools to monitor and enforce policies
  • Prepare and interpret financial statements following IFRS guidelines
  • Learn to create detailed, structured manuals and departmental policies

By combining theoretical foundations with real-life applications, this training course ensures participants can confidently develop robust policies and procedures that support efficient accounting operations and compliance.

What are the goals?

The Accounting & Finance Policies & Procedures Training Course is designed to provide participants with a comprehensive understanding of internal control, accounting standards, and departmental process design. Participants will leave with practical tools to standardize financial practices and enhance operational efficiency.

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

  • Develop complete accounting policies and procedures for assets, ensuring proper tracking and reporting
  • Establish policies and procedures for liabilities, including approvals, accruals, and payments
  • Plan and allocate departmental resources effectively to optimize workflow
  • Apply key accounting concepts and maintain compliance with IFRS
  • Set up a detailed chart of accounts tailored to the organization’s business model
  • Strengthen internal control measures to reduce errors and improve accuracy

This course empowers finance professionals to implement systematic procedures that enhance accuracy, compliance, and operational efficiency across all accounting functions.

Who is this Training Course for?

This training course is ideal for professionals involved in financial management, reporting, and operational control. It provides both foundational knowledge and practical tools to improve the consistency and effectiveness of accounting and finance operations.

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

  • Financial accountants responsible for accurate reporting and compliance
  • Receivables and payables team members managing cash flow and collections
  • Planning and budgeting managers coordinating departmental and organizational budgets
  • Corporate reporting and investor relations staff ensuring transparent communication
  • Investment analysts evaluating financial performance and organizational strategies
  • Procurement team members involved in payments, approvals, and vendor management

Participants from diverse financial roles will gain the confidence and expertise to develop structured policies, ensure compliance, and enhance internal controls across their organization.

How will this Training Course be Presented?

The Accounting & Finance Policies & Procedures Training Course is delivered through a mix of interactive lectures, case studies, and practical exercises. Each session is designed to help participants translate accounting theory into actionable departmental policies. The course follows a structured, day-by-day approach covering key accounting principles, departmental setup, and detailed policies for assets, liabilities, and reporting.

Participants will engage in hands-on activities such as process mapping, policy creation exercises, and software-based monitoring simulations. These exercises reinforce learning by providing real-world applications of risk-based procedures and IFRS-compliant reporting. By the end of the training, attendees will have developed the tools and confidence to design and implement comprehensive accounting and finance policies that strengthen internal controls and support organizational objectives.

The Course Content

Day 1:  Understanding the Accounting Principles and their Implications

  • Key Accounting assumptions
  • Accrual vs. cash basis
  •  Going Concern
  •  Assets, liabilities & Equity 
  •  Revenues and expense concepts
  •  Accounting chart

Day 2:  Setting Up Accounting and Finance Department: Policies & Manual

  • The need for proper planning in the reporting process
  • Human Resource Planning
  • Cost Centers and Accounts
  • Process Mapping Chart and measurement accuracy
  • Manual purpose and structure
  • Financial authorities and duties

Day 3:  Assets Policies

  • Clients’ approval process
  • Invoicing: Collections & Allowance for uncollected receivables
  • Production and inventory processing
  • Assets capitalization costs
  • Depreciation, depletion and amortization (DDA)
  • Impairment procedure

Day 4:  Liabilities Policies

  • Approval of supplies
  • Receiving invoices and accounting for inventory
  • Accrual policies
  • Processing of payment orders
  • Dividends payable

Day 5:  Other Accounting Policies and Reporting

  • Notes receivable and payable
  • reporting for Payroll
  • Budgeting policies
  • Financial statement reporting process
  • Essentials of Financial analysis

Providers and Associations

Aztech Training

Aztech Training

Frequently Asked Questions

Quick answers to common questions about this training course.

Absolutely. Coventry Academy provides customised in-house training solutions for organisations seeking a tailored learning experience. The Accounting & Finance Policies & Procedures training course can be adapted to reflect your organisation's objectives, industry requirements, operational challenges, and strategic priorities. Delivered exclusively for your team, customised training enables organisations to maximise relevance, encourage collaboration, and achieve targeted development outcomes. Our team will be pleased to discuss your requirements and develop a solution that aligns with your goals.

Absolutely! If you’re attending one of our courses at an international venue, we can help
with hotel reservations and entry visas. Just reach out to our Customer Service team:

  • Phone: +971 4 420 8304
  • Fax: +971 4 420 8304
  • Email: info@coventryacademy.com

No prior experience is required to attend the Accounting & Finance Policies & Procedures training course. The course is designed to accommodate participants from diverse professional backgrounds and varying levels of experience. While some familiarity with the subject matter may help participants gain additional value from certain discussions and activities, the course content is structured to ensure that both newcomers and experienced professionals can fully engage with the learning experience and benefit from the training.

Our dedicated support team is available to assist you with any questions regarding the Accounting & Finance Policies & Procedures training course, including course content, scheduling, registration, corporate bookings, and customised training solutions. We are committed to providing prompt and professional assistance throughout your learning journey.

📞 Phone: +971 58 840 7925

📧 Email: info@coventryacademy.com

🌐 Website: coventryacademy.com

Registering for a course is super easy! Here’s how you can do it:

  • Online: Pick your course, hit the "REGISTER" button, fill out the form, and
    submit it.
  • Email: Drop us a line with your details at info@coventryacademy.com.
  • Phone: Give us a call at +971 4 420 8304 to book your spot.
  • Fax: Fill in the booking form (you’ll find it in our brochures, flyers, or catalogue)
    and fax it to [+971 4 420 8304](tel:+97144208304).

The Accounting & Finance Policies & Procedures training course is designed to be practical, engaging, and highly interactive. Participants benefit from a dynamic learning environment that combines expert-led presentations, facilitated discussions, case studies, practical exercises, and collaborative learning activities. The focus is on developing knowledge that can be applied immediately within the workplace, ensuring participants gain both valuable insights and practical skills that support improved professional performance.

Your course fees cover:

  • For classroom courses: printed materials, lunch, and refreshments.
  • For online courses: all materials sent to you by email.
  • A certificate of completion or attendance.

You’ll need to make payment before the course starts. Here are your options:

  • Bank draft
  • Cash
  • Credit card
  • Wire transfer

Heads up: If we don’t receive payment before the course begins, we may have to deny
admission.

We delivers training courses in carefully selected professional venues that provide a comfortable and productive learning environment. Classroom-based courses are typically hosted in premium international venues with modern facilities and dedicated training spaces designed to support effective learning. Participants also benefit from a professional setting that encourages networking, collaboration, and knowledge sharing with peers from diverse industries and backgrounds.

The Accounting & Finance Policies & Procedures training course is designed for professionals seeking to strengthen their knowledge, enhance their capabilities, and achieve greater impact within their organisations. It is suitable for managers, supervisors, team leaders, technical specialists, consultants, and professionals at all career stages who wish to expand their expertise and stay current with industry developments. Whether you are looking to advance your career, improve workplace performance, or prepare for new responsibilities, this course provides valuable knowledge and practical insights to support your professional growth.

Our courses are led by top-notch international instructors. They’re not just academically qualified—they’ve also got years of real-world experience. They bring practical insights and deep knowledge to every session, making your learning experience truly valuable!

Yes. Participants who successfully complete the Accounting & Finance Policies & Procedures training course will receive a Coventry Academy Certificate of Completion, recognising their commitment to professional development and continuous learning. This certificate serves as formal evidence of participation and achievement and can support career progression, professional credibility, and ongoing development objectives. Where applicable, details regarding professional development credits or accreditation will be provided within the course information.

Our Upcoming Related Training Courses

Discover courses selected to complement this programme.

Do you want a specific category on a specific venue? Try our combination filter below.

Explore a wide range of training options tailored to your needs and discover courses at prime venues across the globe. Select your category, choose your location, and hit view courses to get started on your learning journey!

We got what you need

Discover training solutions for every need, from public courses to tailored in-house programs. Start your journey to success today!