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Advanced Financial and Managerial Accounting

Fee $350

Start

Sunday, 14 January 2024

End

Thursday, 1 February 2024

Course Overview

This comprehensive training course is designed to provide senior financial and accounting professionals with international best practices, knowledge, and implementation of both Financial and Managerial Accounting, along with essential insights into Financial Management concepts. Participants will delve into key International Financial Reporting Standards (IFRS) and their practical application, gain proficiency in cost management, explore budgeting fundamentals, and understand the intricacies of working capital and cashflow management

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Target Audience

Finance Managers, Senior Accountants, Financial Analysts, Budget Managers, Financial controllers, and other finance professionals aiming to move into a senior Finance and Accounting position.

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Course Objectives

Upon successful completion of this course, participants will be able to:

  • Apply IFRS effectively, demonstrating professionalism in financial reporting and compliance.

  • Utilize advanced topics in managerial accounting to make informed decisions and optimize financial performance.

  • Exhibit proficiency in cash cycle management, ensuring efficient working capital utilization and enhanced cashflow control.

  • Analyze and interpret financial statements, particularly focusing on cashflow statements.

  • Develop strategic budgeting skills for effective financial planning and control.

  • Master the concepts of cost management, including cost-volume-profit analysis and marginal analysis, to enhance profitability and cost-effectiveness.

Course Content
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Financial Accounting

  • IAS 1 Presentation of Financial Statements

  • IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

  • IAS 21 The Effects of Changes in Foreign Exchange Rates

  • IAS 37 Provisions, Contingent Liabilities and Contingent Assets

  • IFRS 15 Revenue from Contracts with Customers

  • IAS 7 Statement of Cash Flows & effective reading of cashflows statement

  • IAS 10 Events after the Reporting Period

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Managerial Accounting

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  • Budgeting Fundamental

  • Cost Management Fundamental

  • Cost-Volume-Profit Analysis

  • Marginal Analysis

  • Financial & Operation Leverage

  • Working capital & cashflows management

Time and Location
  • Location: Erbil, mselect office

  • Duration: 10 days (3 days per week)

  • Time: 13:00 - 16:00

  • Refreshment included

  • Price: $350

Payment

Must be made 5 working days before the start of the course. Payment can be made in cash, by bank transfer or through exchange offices.

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How do I register?

You can register by emailing training@mselect.com with the following details:

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  • Full Name:

  • City/Town:

  • Email Address:

  • Phone number:

  • Name of course:

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For more information, please call 0771 842-2380