Accounting, Decision Making and Financial Communication

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 4,500

Overview

This Finance & Accounting training course will provide a comprehensive illustration of how accounting information is collected, recorded, how it is analyzed, and presented both internally and externally, to support effective management, control, and decision making. This is important because key personnel in an organization use accounting information which is often said to be the ‘language of business’; hence it is essential to understand and to be able to use this language.

Learning Objectives

• Prepare the income statement, balance sheet, and cash flow statement
• Explain the difference between profit and cash flow
• Interpret cost behavior and its impact on product costing
• Use accounting techniques to improve profitability and efficiency
• Construct functional and departmental budgets

Who Should Attend

This training course is suitable for a wide range of professionals who wish to achieve career progress by expanding their financial knowledge. However, it will be most suitable for operational and middle Managers who wish to better understand and make use of financial information in their management roles, for example: Members of the operational management team Managers who have responsibility for the divisional performance Managers who have responsibility for support functions Consultants who provide advice on systems and operations Senior staff members of any department

• Members of the operational management team
• Managers who have responsibility for support functions
• Senior staff members of any department

Course Outline

Day 1 — Introduction to Accounting

• The importance of accounting information
• The role of the Finance Function
• The accounting equation and financial accounting systems
• Recording facts and applying judgement

Day 2 — Accounting Reports

• The format and contents of the Income Statement
• The format and contents of the Balance Sheet
• The effect of depreciation and impairment on profit
• Identifying and valuing inventory

Day 3 — Management Accounting for Control and Decision-Making

• Collecting and analyzing costs
• The structure of direct and indirect costs
• Dealing with overheads – absorption costing or ABC?
• Cost-Volume-Profit and break-even analysis

Day 4 — Communicating the Plan through Budgeting

• Corporate planning and corporate objectives implemented through budgeting
• The budgeting process and timescale
• Sales budget forecasting techniques
• Cascading the budgets across the whole business

Day 5 — Measuring Performance to Inform Decision Making

• Monthly management reporting
• Setting and using standards
• Identifying and calculating variances
• Operating and planning variances – who is responsible?

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
4–8 October 2026	Istanbul, Turkey	Public	5 days	4,500
14–18 December 2026	Accra, Ghana	Public	5 days	4,500

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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