London Training For Excellence Modern Techniques in Auditing and Financial Control London Training For Excellence
Price: GBP 3,878
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

    Overview

    Objective
    Identify and apply financial control and audit knowledge and skills.
    Appreciate how working capital might be optimized and controlled.
    Understand the need for close control and forecasting of cash flow.
    Analyze the need to identify cost accounting methods and techniques and appreciate their role in financial control and management.
    Review a variety of audit techniques and models.
    Use budgeting and project financial control methodologies.
    Carry out interpretation of accounting information analyses within the financial control context and audit.
    Appreciate the role of risk management in the financial control context and audit.
    Review the role of auditing and financial reporting from the point of view of the financial controller.

    Who Should Attend
    Financial professionals responsible for financial control and treasurers.
    Financial professionals working in other areas who are seeking both to widen and update their knowledge and skills.
    Non financial professionals working in the area of or responsible for aspects of financial control.
    Anyone with direct financial control responsibilities as well as advisors, accountants and business consultants.

    Course Outlines
    Day 1
    9am
    2pm
    Introduction financial policies and working capital management.
    What is financial control and whose responsibility is it?
    What financial control can do?
    What financial control cannot?
    Financial policies:
    Examples.

    Day 2
    9am
    2pm
    Monitoring and control.
    Working capital management and control.
    Stock control and inventory.
    Debtors (receivables) control.
    Creditors (payables) control.

    Day 3
    9am
    2pm
    Working capital cycle.
    Optimizing working capital.
    Cash flow management forecasting budgeting and value chain analysis.
    Cash flow management and control.
    Elements of cash flow management.
    Cash flow forecasting.
    Cash flow budgeting.
    Introduction of cost accounting methods and techniques.

    Day 4 - 9am
    2pm
    Absorption costing and Marginal costing.
    Contribution analysis.
    Cost volume profit (break even) analysis.
    Forecasting budgeting project financial control and the interpretation of accounting information.
    Variety and appropriate models:
    Mathematical.
    Non mathematical.

    Day 5 - 9am
    2pm
    Budgeting for financial control.
    The financial control of projects.
    Interpretation of accounting information.
    Risk management auditing and financial reporting.
    Auditing and its role in financial control.
    Financial reporting.

    Updated on 05 August, 2024

    Job roles this course is suitable for:

    Auditor , Finance , Controller , Accountant , Manager

    About London Training For Excellence

    Empowering Professionals for Over a Decade

    London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.

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