MINI-MBA FINANCE, ACCOUNTING, AND GOVERNANCE

TRAINING OVERVIEW

Elevate your financial expertise with our Mini-MBA Finance and Accounting training, designed to equip professionals with practical tools and insights for efficient financial management. Delve into the intricacies of corporate financial reporting standards and governance principles, and learn seamlessly to integrate risk management strategies into decision-making processes. Master the optimization of budgeting practices, conduct thorough CAPEX analysis, and decode financial statements to assess organizational performance accurately. Through this comprehensive program, enhance your communication skills to effectively articulate and question financial information, empowering you to make informed strategic decisions in the dynamic realm of finance and accounting.

TRAINING TOPICS

• The Challenge of Corporate Financial Reporting
• Assessment of Corporate Financial Reporting
• The Case for Corporate Governance 
• Risk Management as an integral part of Corporate Financial Reporting and of Corporate Governance
• Value-Based Management as the Integration Process
• The Challenge of Profits versus Cash
• Financial Statements, Accounting Policies, and Reporting Standards
• Making and Communicating Decisions using Business-Based Budgets
• CAPEX -Analysis of Investment Decisions with What-if Risks
• Ultimatum Goal of Planning -- Valuation and Business Performance

By the end of this training course, delegates will be able to

• Specify the exact nature and scope of corporate financial reporting
• Identify and criticize specific concepts, rules, and procedures are in place for corporate financial reporting
• Understand multiple interpretations of financial statements via IFRS, fas, sec, etc
• Integrate risk management and corporate governance
• Understand the content of and relationships between financial statements (income statement, balance sheet, and statement of cash flows)
• Understand how to use financial statements to evaluate the financial performance of an organization
• Understand discounted cash flow (DCF) techniques and their application to financial decision-making
• Understand the budgeting process, including performance evaluation
• Understand cost behaviour and its impact on management decisions
• Learn how to communicate and to question financial information effectively

TRAINING IS TAILORED TO

• Finance Professionals: Designed to cater to the needs of finance professionals seeking to expand their knowledge and skills in financial management and accounting practices.
• Supervisors: Ideal for supervisors responsible for overseeing financial operations within their organizations, providing them with the tools and insights necessary for effective management.
• Accounting Specialists: Tailored for accounting specialists aiming to enhance their understanding of corporate financial reporting, budgeting, and analysis techniques.
• Business Managers: Suited for business managers looking to gain a comprehensive understanding of finance-related aspects to make informed strategic decisions.
• Aspiring Leaders: Geared towards individuals aspiring to leadership roles within the finance and accounting domain, offering them the necessary expertise to excel in their careers.

TRAINING METHODOLOGY

Our training methodology for the “Mini-MBA Finance and Accounting” course at DixonTech is designed to provide a dynamic and immersive learning experience. Combining theoretical knowledge with practical applications, our approach ensures participants engage deeply with the material and develop tangible skills relevant to their roles in finance and accounting. Through a blend of interactive lectures, case studies, group discussions, and hands-on exercises, participants are encouraged to actively apply concepts learned in real-world scenarios. Additionally, our experienced instructors foster an environment conducive to collaboration and critical thinking, encouraging participants to share insights and learn from each other's experiences. With a focus on experiential learning and skill development, our training methodology equips participants with the tools and confidence needed to excel in their professional endeavours.

DAY 1:

  Navigating Corporate Financial Reporting Challenges

• Understanding the Value Creating Company
• Exploring Corporate Financial Reporting Practices
• Grasping Concepts from IASB, FASB, SEC, OECD, and more
• Adopting a Dynamic Perspective on Business Financial Statements
• Contextualizing Financial Statements and their Roles in Reporting
• Delving into Organizational Planning Frameworks
• Roles and Responsibilities in Investor Relations
• Understanding the Role of Investment Analysts
• Managing the Product/Information/Decision Support Cycle
• Strategic, Tactical, and Operational Forecasting
• Approaches to Strategic Business Planning
• Various Strategic and Tactical Business Planning Methods
• Nature and Significance of Budgeted Financial Statements 

DAY 2:

Evaluation of Corporate Financial Reporting

• Management's Viewpoint
• Perspectives of Owners
• Considerations from Lenders
• Insights from Private Equity
• Understanding the Flow of Capital in Business
• Financing Business Activities
• Formulating Business Plans
• Identifying Key Value Enhancers
• Balancing Short-term and Long-term Market Concerns
• Addressing Specialized Topics

The Case for Corporate Governance 

• Pro Forma Financial Statements and their use internally and externally
• Cash Budgets – why analysts are so interested
• Strategic intent – why are analysts so interested
• Sensitivity Analysis for risk management in governance
• Principal-Agent theory and applications
• The Enron, Ahold, and Parmalat effects
• Stakeholder perspectives when governments are involved directly
• Independence in fact versus appearance
• What alternatives are available

DAY 3:

Risk Management as an integral part of Corporate Financial Reporting and of Corporate Governance

• Understanding uncertainty and risk/opportunity
• Identifying strategic financial risks
• Identifying operational risks
• Identifying functional financial risks
• Assessing financial risks in each perspective
• Finding our personal risk profile (appetite for risk)
• Clarifying desired outcomes, expected outcomes, and actual outcomes
• Performance measures – the need for FRM/ERM
• Quantitative and qualitative risks
• Developing FRM/ERM strategy – do we need a CRO?