The Effective Accountant Masterclass
Introduction:
The modern accountant works in an environment of continuous change. Their role has been irrevocably changed by globalization, which has created a worldwide marketplace with a new level of competitiveness for every business, and improved and cheaper technology, which has made the recording, processing and reporting of financial information less expensive. Today’s effective accountant communicates a story about what has happened in a business to the users of financial information, so that these users may make decisions on the efficient allocation of resources. The users may be the internal management of the business or others outside the business who have a need to understand developments within it.
Course Objectives:
By the end of this course, delegates will be able to:
· Understand the sources of information in the business
· Examine how this information is organized, classified and presented
· Utilize effective analytical tools to understand the business
· Participate fully in the management of their business
· Review the financial and other management systems of their business
· Understand how change has impacted the role and effectiveness of the accountant in business
Who Should Attend?
Beneficial to all employees working in a financial environment and anyone who wants to gain an insight into the role of an accountant, or who aspires to this position as part of their continuing development
Course Outline:
Accounting as an Information System
· Sources of information
· Users of financial information
· Users requirements for information
· Information flow in a business
· Quality of information
· Differences between financial and management accounting
Financial Reporting
· Internal and external reporting
· What the Income Statement tells us about profitability
· What the Balance Sheet tells us about financial strength
· Purpose and use of the Cash Flow Statement
· Using financial ratios to enhance our understanding
· Employing other financial analysis techniques
· Interpreting results and making comparisons between businesses
Management Reporting
· The emphasis on the customer and the external environment
· Developments in Management Accounting and Reporting
· Timing and accuracy of data collection and reporting
· Benchmarking
· The balanced scorecard
Planning, Budgeting and Forecasting
· The relationship between long and short-term planning
· Strategic planning
· Use of budgets for managing resources
· Preparing a departmental budget
· Basic forecasting techniques
Product Costing
· How we classify costs and set standards
· Different costing methods used in business
· Absorption costing
· Standard costing
· Activity-based costing
· Comparing actual performance with the budget
| Code | From | To | City | Fees | |
|---|---|---|---|---|---|
| AF20 | 16 Feb 2020 | 20 Feb 2020 | Alexandria | US$ 3800 | Register |
| AF20 | 26 Apr 2020 | 30 Apr 2020 | Dubai | US$ 4200 | Register |
| AF20 | 08 Jun 2020 | 12 Jun 2020 | Kuala Lumpur | US$ 4500 | Register |
| AF20 | 03 Aug 2020 | 07 Aug 2020 | Athens | US$ 5000 | Register |
| AF20 | 12 Oct 2020 | 16 Oct 2020 | Vienna | US$ 5500 | Register |
| AF20 | 27 Dec 2020 | 31 Dec 2020 | Sharm el Sheikh | US$ 4000 | Register |
|
DUBAI OFFICE
Ittihad Deira Building, |
USA OFFICE 642 E14 Street,10009-13 Manhattan, New York (NY) USA info@petrogas-training.com |
EGYPT OFFICE 52 General Kamal Hejab Street,Suez Bridge, Cairo, Egypt info@petrogas-training.com |
Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.
Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.
We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.
Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.
A- Have staff trained in the latest training and development approaches
B- Support nationalization and talent management initiatives
C- Have properly trained and informed people who will be able to add value
D- Gain relevant technical knowledge, skills and competencies
A- Develop job related skills
B- Develop personal skills in subject matter
C- Have a record of your growth and learning results
D- Bring proof of your progress back to your organization
F- Become competent, effective and productive
G- Be more able to make sound decisions
H- Be more effective in day to day work by mastering job-related processes
I- Create and develop competency to perform job well
A- 10% discount after 05 candidates’ registration.
B- 15% discount after 10 candidates’ registration.
C- 20% discount after 20 candidates’ registration.
D- 25% discount after 25 candidates’ registration.
E- 30% discount after 30 candidates’ registration
F- Higher discount rates will be offered based on work volume with different clients.
A- One extra free seat is offered on 4 candidates on the same course and dates.
B- Two extra free seats are offered on 6 candidates on the same course and dates.
C- Three extra free seats are offered on 8 candidates on the same course and dates.
D- Four extra free seats are offered on 10 candidates on the same course and dates.
E- Five extra free seats are offered on 12 candidates on the same course and dates.
Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s).
If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.
PAYMENT POLICY
Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.
COPYRIGHT
© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.