Fundamentals of Finance and Accounting
Start Date | End Date | Venue | Fees (US $) | ||
---|---|---|---|---|---|
Fundamentals of Finance and Accounting | 28 Dec 2025 | 01 Jan 2026 | Barcelona, Spain | $ 4,950 | Register |

Fundamentals of Finance and Accounting
Start Date | End Date | Venue | Fees (US $) | |
---|---|---|---|---|
Fundamentals of Finance and Accounting | 28 Dec 2025 | 01 Jan 2026 | Barcelona, Spain | $ 4,950 |
Introduction
Finance...for nonfinancial managers, it’s a topic you can’t afford to understand. You’ve got to know how to justify a request, quantify your contributions to the company, and spot profit drains immediately. Because whether you're a wizard of finance or a non-financial manager, performance is measured the same way—in dollars and cents!. Offering an accessible overview of finance for nonfinancial managers, this seminar features exactly what you need to further your career and build your future. From accruals to write-offs to receivables and payables, this workshop shows nonfinancial managers the concepts, tools, and techniques that can help make each decision pay off—on the job and on the bottom line.
Objectives
- Understand the operations of the Finance and Accounting department.
- Acquire internationally implemented best practices in the following areas: Accounts Payables, Billing, Budgeting, Cash Management, and Treasury, Costing, Filing, Financial Statements, General Ledger, Inventory, Payroll, and Policies and Procedures.
- Apply their knowledge through hands-on workshops and group presentations.
By the end of the program, participants will be able to:
Training Methodology
This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.
Who Should Attend?
Professionals in the field of finance and accounting, managers, supervisors, and finance professionals, who need to understand, apply and implement practical tools to enable them to run the finance department more efficiently.
Course Outline
Importance of Best Practices (BP)
- Defining BP and Implementation Techniques
- Effective versus Efficient Tools
- Your First and Most Important Tool: Internal Customer Surveys
- counts Payable (AP) Best Practices
- The Role of Accounts Payable and Accounts Payable Cycle
- Improving AP through Decentralization and Centralization
- Enhancing AP Processing Using Vendor Analysis and Reconciliation
- Purchasing Catalogue
- Automating Expense Reporting
Billing, Collection, and Cash Management Best Practices
- Calculating Allowance Methods
- Internet and Web Billing
- Improving Cash Management, Lockbox Collections, and Zero-Balance Accounts
Budgeting Best Practices
- Automating Budget Development
- Enhancing Budgeting Process
- Preparing Variance Analysis Reports
Conditional Formatted Budgets
Financial Statement and Reporting Best Practices
- Can We Really Improve the Quality of Financial Data?
- XBRL, XML, F9, and Dashboards
- General Ledger
- Enhancing Report Generating and Analysis
Fixed Assets Best Practices
- Bar Coding Principles
- Reconciling Your Fixed Assets
- The Rules of Capitalizing versus Expensing of Fixed Assets
Enhancing the Finance and Accounting (F&A) Departmental Operations
- The New Set of Skills for F&A
- Meetings, Clean Desk Policy, and Delegations Best Practices
- Hiring the Best, Cross-Training, Back-Up Strategies, and Teamwork
- Staff Responsibility Charts
Finance Process Improvements
- Document Management Systems
- Pivot Tables and Pivot Charts
- Paperless Printing