Certificate in Accounting and Financial Control|Online

Course Methodology

This courses focuses on exercises, case studies, Excel workshops, and individual and group presentations.

Course Objectives

By the end of the course, participants will be able to:

Identify the main responsibilities handled by financial controllers
Describe the different financial statements used in their organizations
Analyze company performance highlighting impact of current operations on future financial results
Evaluate and present company budgets and assist management in selecting proper plans
Practice some of the key skills required using Excel to boost the efficiency of accounting and finance work
Assess internal controls within the finance department and the organization in general

Target Audience

Financial controllers, chief accountants, finance or accounting managers, supervisors, staff accountants, general ledger accountants and any professional in accounting and finance who wish to upgrade their skills as well as prepare themselves to assume the responsibilities of a financial controller.

Target Competencies

Financial accounting and reporting
Financial statements analysis
Budgeting and process improvement
Excel functions and tools

Note

This is a hands-on training course using laptops, which will be made available by Meirc. For courses outside the UAE, participants are required to bring their own laptops with a fully functional version of MS Excel 2010/2013.

The main responsibilities of financial controllers
- Accounting and reporting responsibilities
- Budget reporting and analysis
- Managing finance and accounting staff
  - Evolving role of financial controller
Accounting and reporting
- Overview of the main International Financial Reporting Standards (IFRS)
- An inside look at the key financial statements
  - Statement of financial position
  - Statement of comprehensive income
  - Statement of cash flows
  - Statement of changes in owner equity
- Key Performance Indicators (KPIs)
- Supporting bottom-line focus
- Month and year end close: Controller as a project manager
Financial statements interpretation and analysis
- Key tools in analysis
- Building block of ratios
  - Liquidity ratios
  - Solvency ratios
  - Activity and investment ratios
  - Profitability ratios
- Going beyond numbers reporting
- Excel techniques used in presenting analysis to management
Budget reporting and analysis
- The budget as an added value activity
- Evaluating the budget and highlighting objectives
- Presenting budget to top management
- Preparing meaningful actual versus budget reports
Control function
- Structure of internal controls
- Setting and updating policies and procedures
- Assessing internal control policies
- Internal controls on financial reporting
- System controls
- Backup and disaster recovery planning
- Ethical considerations
Boosting efficiency in your department
- It’s all about Excel
  - The 10 must have Excel tips
  - Working with text files
  - Looking up records from a database
  - Validating data and controlling data input
  - Reconciliations and accounts analysis using pivot tables
  - Creating management reports and dashboards
- Personal organization and time management
  - Monitoring staff efficiency to support the accounting close
  - Tools to increase staff productivity
  - Managing staff skills and attitudes

Meirc Professional Certificate (MPC)

MPC certified courses by Meirc Training & Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for full attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.

List of Certified Courses

2023 Schedule & Fees

Fees

Per participant

USD 2900

Fees + VAT as applicable

Discount Plans & Cancellations Policy

Location & Date

23 - 27 Jul, 2023

Arabic

Virtual Learning

22 - 26 Oct, 2023

English

Virtual Learning

Meirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.

Tax Registration Number: 100239834300003

This course is also offered in face-to-face courses, click on the course below.

Certificate in Accounting and Financial Control