Finance and Accounting Training Courses


Business Financial & Accounting Skills Course

Introduction

Effective planning and control entails developing skills far beyond mastery of any discipline. This business financial course addresses critical issues such as cost analysis, continuous improvement of cost assignment, budgeting, management control, and performance evaluation.

In doing so, the business finance accounting program pushes participants to understand the cause-and-effect relationship among business strategy and vision, operational objectives, measures, and targets, as well as advanced performance measurement and reporting.

A solid grasp of financial accounting skills is essential in achieving the outcome of this business finance accounting course.

Targeted Groups

  • Financial professionals.
  • Finance controllers.
  • Treasury and inventory professionals.
  • Senior professionals with a direct responsibility for financial management and control.
  • Accountants.
  • Planners and cost professionals.
  • Professionals who are responsible for any portion of the planning process.
  • Professionals at a medium and senior level who are part of the financial decision-making team.
  • Persons who are interested in gaining such excellent skills to improve their career.

Course Objectives

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

  • Master the finance and accounting language to understand business processes.
  • Analyze budgeting purposes and decision-making.
  • Link strategy to costing and performance evaluation.
  • Understand costing and budgeting terminology used in business management and finance.
  • Determine the total costs of outputs for the goods and services provided.
  • Master traditional techniques and recent best practices.
  • Link finance and operation for budgeting purposes and strategy execution.
  • Learn how to build a comprehensive performance measurement system.
  • Enhance cost and budgeting awareness.
  • Understand how to construct a relevant and efficient budget.
  • Evaluate the usefulness of costing techniques in accurately calculating and ensuring profitability.
  • Expand their knowledge by linking budgeting to strategy and performance measurement.
  • Expand their understanding by linking financial and operational issues.

Targeted Competencies

  • Financial accounting.
  • Analysis thinking.
  • Cost analysis.
  • Cost control.
  • Budgeting.
  • Interpreting financial statements.
  • Balanced scorecards.

Course Content

Unit 1: Management and Financial Accounting: Key Concepts and Terminology

  • Identify the significant differences and similarities between financial and managerial accounting.
  • Understand the role of management accountants in an organization.
  • Linking strategy to planning and costing.
  • The critical role of budgeting and cost control in contemporary organizations.
  • Towards a cross-functional process view of the organization.
  • Understand your processes: integrating financial and nonfinancial aspects.
  • Understanding the financial statements.

Unit 2: Cost Analysis

  • What is the cost?
  • Cost concepts and terminology.
  • Different costs for different purposes.
  • Fixed vs. variable costs: the cost-volume-profit analysis model.
  • Contribution margin analysis.
  • Manufacturing vs. non-manufacturing costs.
  • Period vs. product costs: inventory evaluation and control.

Unit 3: Traditional VS Advanced Techniques in Cost-Control

  • Under-costing and over-costing: the consequences for profitability
  • How to refine a costing system?
  • Indirect vs. direct costs.
  • Traditional cost allocation systems vs. activity-based costing.
  • Cost hierarchy and cost drivers.
  • Linking resources, activities, and management.
  • Introducing activity-based budgeting and management.

Unit 4: Flexible Budgets and Variance Analysis

  • The role of budgeting.
  • Define the master budget and explain its significant benefits to an organization.
  • Describe the difference between a static budget and a flexible budget.
  • Compute flexible-budget variances and sales-volume variances.
  • Discuss the behavioral implications of budgeting.
  • The budgeting process in your organization: how to improve it?
  • Which tools shall we use to complement budgeting and costing?

Unit 5: Measuring Corporate Performance

  • The Balanced Scorecards and Six Sigma.
  • Broadening performance measurement systems.
  • The crucial role of customer satisfaction and business process reengineering.
  • Beyond budgeting: integrating financial and nonfinancial issues.
  • Introducing the Balanced Scorecard.
  • The key perspectives.
  • Introducing the strategy maps.
  • Introducing Six Sigma.

Enhancing Financial and Nonfinancial Skills for Nonfinancial Managers

This introductory finance course is also designed for nonfinancial managers.

The business financial accounting course bridges the gap in finance and accounting for nonfinancial managers by equipping them with the necessary skills to understand financial reports, manage budgets, and analyze financial data.

Participants will gain a robust understanding of business finance accounting, which is crucial when making strategic decisions, operating departments, or communicating financially with stakeholders.


London (UK)
10 - 14 Feb 2025
5500 Euro
Rome (Italy)
10 - 14 Feb 2025
5900 Euro
Madrid (Spain)
10 - 14 Feb 2025
5300 Euro
Amsterdam (Netherlands)
10 - 14 Feb 2025
5300 Euro
Vienna (Austria)
10 - 14 Feb 2025
5500 Euro
Sharm El-Sheikh (Egypt)
23 - 27 Feb 2025
4500 Euro
Istanbul (Turkey)
23 - 27 Feb 2025
4900 Euro
Online
02 - 06 Mar 2025
1900 Euro
Milan (Italy)
03 - 07 Mar 2025
5900 Euro
Madrid (Spain)
17 - 21 Mar 2025
5300 Euro
Dubai (UAE)
23 - 27 Mar 2025
4400 Euro
Cairo (Egypt)
23 - 27 Mar 2025
3500 Euro
Online
23 - 27 Mar 2025
1900 Euro
Paris (France)
24 - 28 Mar 2025
5300 Euro
Barcelona (Spain)
24 - 28 Mar 2025
5300 Euro
Amman (Jordan)
30 Mar - 03 Apr 2025
3200 Euro
Casablanca (Morocco)
07 - 11 Apr 2025
4000 Euro
Istanbul (Turkey)
20 - 24 Apr 2025
4900 Euro
Barcelona (Spain)
21 - 25 Apr 2025
5300 Euro
Amsterdam (Netherlands)
21 - 25 Apr 2025
5300 Euro
Kuala Lumpur (Malaysia)
27 Apr - 01 May 2025
4400 Euro
Kuala Lumpur (Malaysia)
04 - 08 May 2025
4400 Euro
Barcelona (Spain)
05 - 09 May 2025
5300 Euro
Rome (Italy)
05 - 09 May 2025
5900 Euro
Kuala Lumpur (Malaysia)
11 - 15 May 2025
4400 Euro
Paris (France)
12 - 16 May 2025
5300 Euro
Barcelona (Spain)
12 - 16 May 2025
5300 Euro
London (UK)
19 - 23 May 2025
5500 Euro
Brussels (Belgium)
19 - 23 May 2025
5300 Euro
Cairo (Egypt)
25 - 29 May 2025
3500 Euro
Brussels (Belgium)
26 - 30 May 2025
5300 Euro
Cairo (Egypt)
01 - 05 Jun 2025
3500 Euro
Online
08 - 12 Jun 2025
1900 Euro
Sharm El-Sheikh (Egypt)
29 Jun - 03 Jul 2025
4500 Euro
Manama (Bahrain)
29 Jun - 03 Jul 2025
4500 Euro
Milan (Italy)
30 Jun - 04 Jul 2025
5900 Euro
Vienna (Austria)
30 Jun - 04 Jul 2025
5500 Euro
Dubai (UAE)
13 - 17 Jul 2025
4400 Euro
Online
13 - 17 Jul 2025
1900 Euro
Geneva (Switzerland)
14 - 18 Jul 2025
6500 Euro
London (UK)
21 - 25 Jul 2025
5500 Euro
Madrid (Spain)
21 - 25 Jul 2025
5300 Euro
Boston (USA)
28 Jul - 01 Aug 2025
7200 Euro
Dubai (UAE)
10 - 14 Aug 2025
4400 Euro
Dubai (UAE)
17 - 21 Aug 2025
4400 Euro
Istanbul (Turkey)
17 - 21 Aug 2025
4900 Euro
Istanbul (Turkey)
24 - 28 Aug 2025
4900 Euro
Online
31 Aug - 04 Sep 2025
1900 Euro
Madrid (Spain)
01 - 05 Sep 2025
5300 Euro
Amsterdam (Netherlands)
01 - 05 Sep 2025
5300 Euro

Finance and Accounting Training Courses
Business Financial & Accounting Skills Course (FA)

 

Mercury dynamic schedule is constantly reviewed and updated to ensure that every category is being addressed at least once a month, if not once every week. Please check the training courses listed below and if you do not find the subject you are interested in, email us or give us a call and we will do our best to assist.