EFFICIENT FINANCE & ACCOUNTING OPERATIONS: 2024 BEST PRACTICES & UPDATES

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COURSE OVERVIEW

People are prisoners of habits, especially in accounting and finance where tasks are routine-oriented and mechanical in nature. This course is a paradigm shift in the way we look and practices accounting and finance. We will look at every part of accounting and finance and suggest improvement to existing practice, new technology tool to use, best practice to implement, or a survey to develop. The course will also consider the behavioral competencies we need to make sure every professional exhibit. In summary, this course is about Accounting concepts, Technical tools, and professional development skills.

COURSE OBJECTIVES

By completely attending this course, participants will be able to:

  • Identify the main components of finance and accounting vision and mission
  • Evaluate and enhance the process of Accounts Payable, Accounts
  • Receivables, Fixed Assets, Cash and Treasury, Payroll
  • Re-design the budgeting process recommend improvements
  • Apply MS Excel reporting tools and techniques for a faster accounting and finance operation
  • Develop an enhanced understanding of behavioral concepts
accounting for non accountants

TARGET COMPETENCIES

  • Accounting Best Practices
  • Finance Best Practices
  • Technical Excel Expertise
  • Assets’ Life-Cycle
  • Budgeting Best Practices
  • Interpersonal Skills

Financial and nonfinancial professionals participating in improving the decision-making process, internal operations, budgeting and forecasting, allocation of capital funds, and the participation in public markets in the sale and/or purchase of financial securities.

This course uses a mix of exercises, workshops, group case studies, and presentations. Additionally, some time will be devoted to learning practical tools in Excel for reporting, analysis and reconciliation. Conceptual ideas, rules, and best practices will also be discussed in accounting, finance, budgeting and general reporting.

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