Financial Accounting and Management Accounting (London)

HRODC Postgraduate Training Institute
In Central London (Grossbritannien), Abu Dhabi, United Arab Emirates (Vereinigten Arabischen Emirate), Abuja, Nigeria (Nigeria) und an 47 weiteren Standorten

mehr als 9000 €

Wichtige informationen

  • Training
  • Advanced
  • An 50 Standorten
  • 180 Lehrstunden
  • Dauer:
    30 Days
  • Wann:
    Freie Auswahl

Suitable for: This course is specifically designed for: Managers with direct financial responsibilities. Cost and management accountant. Financial Planner and Costs Analysts. Financial and Budget Controller. Executives who need to evaluate plans for approval and variance reports for corrective action. Mangers who need to improve their skills in constructing and controlling their budget. Anyone from non-financial disciplines who needs to evaluate proposed business expenditure decisions

Wichtige informationen

Voraussetzungen: Degree or Work Experience


Wo und wann

Beginn Lage
Freie Auswahl
Abu Dhabi, United Arab Emirates
Khalifa Street, 44486, Abu Dhabi, Vereinigten Arabischen Emirate
Karte ansehen
Freie Auswahl
Abuja, Nigeria
Cadastral Zone A0, Central Business District, Abuja, 7069, Nigeria, Nigeria
Freie Auswahl
Addis Ababa, Ethiopia
Kirkos Subcity Kebele, 21555, Ethiopia, Äthiopien
Karte ansehen
Freie Auswahl
Algiers, Algeria
Pins Maritimes, 16000, Algeria, Algerien
Karte ansehen
Freie Auswahl
Algiers, Algeria
Rue Hassiba Benbouali, 16015, Algeria, Algerien
Karte ansehen
Freie Auswahl
Amman, Jordan
Bin Ali Street, 11118, Jordan, Jordanien
Karte ansehen
Alle ansehen (50)

Was lernen Sie in diesem Kurs?

Business Strategy
Business Process
Decision Making
Financial Reporting
Financial Accounting
Cash Flow
Capital Budgeting
Balance Sheet
Accounting MBA
Quality Training
Management Accounting
Financial Training
IT Management
Financial statements
Total Quality Management
Ratio Analysis
Breakeven Analysis
Value Chain Analysis
The Working Capital Cycle
Liabilities for Taxation
Ownership Interest
Performance Analysis
Job Costing
Process Costing
Preparing a Budget
Business Process Re-Engineering
Just-In-Time Approach


Course Contents, Concepts and Issues:

A Conceptual Framework: Setting the Scene

Who needs accounting?

  • Introduction
  • The Development of a Conceptual Framework
  • The Statement of Principles
  • Types of Business Entity
  • Users and Their Information Needs
  • General Purpose or Specific Purpose Financial Statements?
  • Stewards and Agents
  • Who Needs Financial Statements?

A Systematic Approach to Financial Reporting: The Accounting Equation

  • Introduction
  • The Accounting Equation
  • Defining Assets
  • Examples of Assets
  • Recognition of Assets
  • Defining Liabilities
  • Examples of Liabilities
  • Recognition of Liabilities
  • Defining the Ownership Interest
  • Recognition
  • Changes in the Ownership Interest
  • Assurance for Users of Financial Statements

Financial Statements from the Accounting Equation

  • Introduction
  • The Accounting Period
  • The Balance Sheet
  • The Profit and Loss Account
  • The Cash Flow Statement
  • Usefulness of Financial Statements

Ensuring the Quality of Financial Statements

  • Introduction
  • Qualitative Characteristics of Financial Statements
  • Measurement in Financial Statements
  • Views on Prudence
  • Regulation of Financial Reporting
  • Reviewing Published Financial Statements

Reporting the Transaction of a Business

Accounting Information for Service Businesses

  • Introduction
  • Analysing Transactions Using the Accounting Equation
  • Illustration of Accounting for a Service Business
  • A Process for Summarizing the Transactions: A Spreadsheet
  • Financial Statements as a Means of Communication

Accounting Information for Trading Businesses

  • Introduction
  • Goods Purchased For Resale
  • Manufacturing Goods for Resale
  • Illustration of Accounting for a Trading Business
  • A Process for Summarising the Transactions: A Spreadsheet
  • Financial Statements of Steven Jones, Wholesaler

Recognition in Financial Statements

Published Financial Statements

  • Introduction
  • International Influences
  • The Statement of Principles
  • Balance Sheet
  • Profit and Loss Account
  • Cash Flow Statement
  • Group Structure of Companies
  • Group Financial Statements
  • Beyond The Annual Report

Fixed Assets

  • Introduction
  • Definitions
  • Recognition
  • Users' Needs for Information
  • Information Provided In the Financial Statements
  • Usefulness of Published Information
  • Depreciation: An Explanation of Its Nature
  • Reporting Fixed Assets and Depreciation in Financial Statements

Current Assets

  • Introduction
  • Definitions
  • The Working Capital Cycle
  • Recognition
  • Users' Needs for Information
  • Information Provided In the Financial Statements
  • Measurement and Recording
  • Stocks of Raw Materials and Finished Goods
  • Debtors Prepayments
  • Revenue Recognition

Liabilities Due Within One Year

  • Introduction
  • Definitions
  • Recognition
  • Users' Needs for Information
  • Information Provided In the Financial Statements
  • Measurement and Recording
  • Accruals and the Matching Concept
  • Liabilities for Taxation

Provisions and Long-Term Liabilities

  • Introduction
  • Users' Needs for Information
  • Information Provided In the Financial Statements
  • Provisions for Liabilities and Charges
  • Deferred Income
  • Long-Term Liabilities

Ownership Interest

  • Introduction
  • Definition and Recognition
  • Presentation of Ownership Interest
  • Additional Primary Financial Statements
  • Users' Needs for Information
  • Information Provided In the Financial Statements
  • Dividends
  • Issue of Further Shares on the Stock Exchange

Performance Analysis

Ratio Analysis

  • Introduction
  • Systematic Approach to Ratio Analysis
  • Investors' Views on Risk and Return
  • Pyramid of Ratios
  • Use and Limitations of Ratio Analysis
  • Worked Example of Ratio Analysis

Analysis of Corporate Performance

  • Introduction
  • Operating and Financial Review
  • Other Guidance in Analysis
  • Linking Ratios to the Cash Flow Statement
  • Segmental Information

Current Developments

Developing Issues in Financial Reporting

  • Introduction
  • International Harmonization and Convergence
  • Dynamic Nature of the True and Fair View
  • Measurement of Value
  • Off-Balance-Sheet Finance
  • Related Parties
  • Social and Environmental Disclosures
  • The Reporting Cycle
  • Summary Financial Statements
  • Corporate Governance
  • Financial Reporting Review Panel
  • How Valid Is the Stakeholder Model?


Setting the Scene and Defining the Basic Tools of Management Accounting

Functions of Management Accounting

  • Introduction
  • Meeting the Needs of Internal Users
  • Management Functions
  • Role of Management Accounting
  • Judgments and Decisions: Case Study Illustrations
  • Terminology of Management Accounting

Classification of Costs

  • Definition of a Cost
  • The Need for Cost Classification
  • The Meaning of 'Activity'
  • Variable Costs and Fixed Costs
  • Direct Costs and Indirect Costs
  • Product Costs and Period Costs
  • Cost Classification for Planning, Decision-Making and Control
  • Cost Coding
  • Cost Selection and Reporting

Product Costs: Materials, Labour and Overheads

  • Introduction
  • Accounting for Materials Costs
  • Accounting for Labour Costs
  • Production Overheads: Traditional Approach
  • Production Overheads: Activity-Based Costing (ABC)
  • Comparing Traditional Approach and ABC

Product Costs and Stock Valuation

Job Costing

  • Introduction
  • Job Cost Records: An Illustration
  • Job Costing: Applying the Accounting Equation to Transactions
  • Absorption Costing and Variable Costing
  • Moving Forward

Process Costing

  • Introduction
  •  Allocation of Costs to Products in a Process Industry
  •  Joint Product Costs and By-Products
  •  Decisions on Joint Products: Sell or Process Further


Breakeven Analysis and Short-Term Decision Making

  • Introduction
  • Cost Behaviour: Fixed and Variable Costs
  • Breakeven Analysis
  • Using Breakeven Analysis
  • Limitations of Breakeven Analysis
  • Applications of Contribution Analysis
  • Short-Term Decision-Making
  • Pricing Decisions

Planning and Control

Preparing a Budget

  • Purpose and Nature of a Budget System
  • Administration of the Budgetary Process
  • The Benefits of Budgeting
  • Problems of Budgeting
  • Public Service Organisations
  • Practical Example - Development of a Budget
  • Shorter Budget Periods

Standard Costs

  • Purpose of Using Standard Costs
  • The Level of Output to Be Used In Setting Standards
  • The Control Process
  • Direct Materials Cost Variance
  • Direct Labour Cost Variance
  • Variable Overhead Cost Variance
  • Fixed Overhead Expenditure Variance
  • Case Study: Lincoln Ltd
  • Investigating Variances
  • Flexible Budgets and Variance Analysis
  • Case Study: Jerald Ltd
  • Is Variance Analysis, Based On Standard Costs, A Useful Exercise?
  • A Broader View of Applications of Variance Analysis

Performance Evaluation and Feedback Reporting

  • Introduction
  • Preparing Performance Reports
  • Performance Evaluation
  • Benchmarking
  • Non-Financial Performance Measures
  • The Balanced Scorecard
  • Management Use of Performance Measurement

Capital Budgeting and Business Strategy

Capital Budgeting

  • Purpose of Capital Budgeting
  • Payback Method
  • Accounting Rate of Return
  • Net Present Value Method
  • Internal Rate of Return
  • Mutually Exclusive Projects
  • Which Methods Are Used In Practice?
  • Control of Investment Projects: Authorisation and Review
  • Advanced Manufacturing Technologies

Business Strategy and Management Accounting

  • Introduction
  • Strategic Management Accounting
  • The Just-In-Time Approach
  • Value Chain Analysis
  • Total Quality Management and Cost of Quality
  • Business Process Re-Engineering
  • E-Business and E-Commerce

Zusätzliche Informationen

HRODC Postgraduate Training Institute is registered with the UK Registry of Learning Providers (UKRLP) of the Department for Business, Innovation and Skills (BIS), formerly Department of Innovation, Universities and Skills (DIUS). Its registration number is 10019585 and can be verified at