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Start Date: 13 Jan, 2025

End Date: 17 Jan, 2025

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$3,000

Event Details

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

  • Explain the purpose of the three key financial statements ‘Income Statement, Statement of Financial Position, and Cash Flow Statement’.
  • Evaluate the performance and position of an organization by analyzing their Annual Financial Report.
  • Apply the management accounting procedures & techniques of ‘product costing, cost-volume-profit analysis, budgeting, & variance analysis.
  • Apply a range of investment appraisal techniques to determine whether proposed investments are likely to be worthwhile.
  • Demonstrate a range of methods, tools and techniques available to manage financial risks in multinational organizations.

 

CONTENT

Business Organizations, Sources of Finance, the Finance Function

  • The development of business organizations
  • The role of Finance and the Finance Function
  • Sources and types of finance for business organizations

 

The Annual Financial Report

  • The purpose and format of the Annual Financial Report (AFR), prepared according to IFRS.
  • The financial and non-financial elements of the AFR

 

Management Accounting

  • Understanding the difference between management accounting and financial accounting
  • Calculating the cost of our products and the problem of overheads (indirect costs)
  • Overhead apportionment – absorption costing versus Activity Based Costing

 

Investment Appraisal

  • The time value of money – future values and present values, perpetuities and growth

 

Treasury and Risk Management

  • Interest rate risk

 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

This course is available in the following locations:

Ghana - $6000
Rwanda - $7000
UK - $8000
USA - $8000

Venue

SunLodge Hotel, Saxel Estate, 76 Fourth Road, Tesano – Accra, Ghana.

Other Dates

Start Date End Date
04 Aug, 2025 08 Aug, 2025
Start Date End Date
13 Jan, 2025 17 Jan, 2025