Course Description

This course explores accounting & financial issues related to the management of corporations. Participants will learn how to employ tools to examine various alternatives and make relevant  decisions. The course will be conductedin a case study approach where students will be encouraged to relate their own applications where possible.

Course Objectives

·         Understanding the major concepts in the discipline variously referred to as accounting and financial management 

·         Learning corporate accounting and managerial finance 

·         Understanding different approaches to financial and accounting analysis

·         Understanding how to examine various alternatives and make relevant decisions

Who Should Attend?

·         Managers

·         Financial and Accountantsofficers

·         Auditors  

·         Anyone interested in developing their performance in accounting and financial analysis

Program Schedule

DAY 1

·         Genereal overview 

·         Financial statements 

·         Analysis of financial statements

·         Time value of money 

·         Bonds, bond valuation, interest rates

DAY 2

·         Projecting deadline for individual projects and the incurrance of potential costs

·         Securities & their valuation  

·         Cost of capital   

·         Capital budgeting 

DAY 3

·         Cash flow estimation 

·         Advanced financial planning 

·         Corporate valuation  

·         Capital structure   

·         Dividend policy

DAY 4

·         Organizational roles of accounting and management

·         Organizational strategy costs

·         Job costing system

·         Process overhead costs 

·         Allocating support cost on a departmental basis

·         Activity - based costing 

DAY 5

·         Ethical dilemma and moral reasoning principles 

·         Analysis of cost variances 

·         Analysis of sales variances 

·         Decentralization and responsibilty accounting 

·         Transfer pricing