Classroom Sessions:
| Date | Venue | Fees | |
|---|---|---|---|
| 20 - 31 May 2024 | London - UK | $11,900 | |
| 08 - 19 Jul 2024 | Dubai - UAE | $11,900 |
MODULES
This training course is split into two modules:
MODULE I - Sustainable Finance
MODULE II - Business Financial, Budgeting & Accounting Skills
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Module 1: Sustainable Finance
DAY 1
Fundamentals of Sustainable Finance
- Principles and foundation of sustainable finance
- Environmental issues and concerns
- Social issues and concerns
- Governance issues and concerns
- Ethical issues and concerns
- Defining organisational scope for sustainable finance
DAY 2
Sustainable Strategic Management
- Concepts of stakeholder value
- The purpose of competitive companies
- Principles and practice in corporate governance
- Redefining competitive business strategy
- Understanding business models and their disruption
- Identifying key success factors
- Using strategy maps to identify key performance indicators
DAY 3
Accounting and Reporting Sustainable Finance
- The traditional financial analysis toolkit
- Conventional measures of stakeholder value
- Selecting the right key performance measures
- Designing internal reports on sustainable finance
- Principles of Integrated Reporting (IR)
DAY 4
Business Investment and Sustainable Finance
- The challenges of sustainable investment
- Scenarios for business model reinvention
- Key decision factors for sustainable financial investment
- Traditional tools of investment appraisal
- Factoring in the environmental and social dimension
- Limitations of conventional investment appraisal methods
DAY 5
Risk and Scope of Sustainable Finance
- Traditional approaches to understanding business risk
- Risk aspects from a sustainable finance perspective
- Sustainable finance developments in banking
- Sustainable finance developments in financial investments
- Financial modelling of risk under sustainable finance conditions
- The way forward in sustainable finance
Module 2: Business Financial, Budgeting & Accounting Skills
DAY 6
Management and Financial Accounting: Key Concepts and Terminologies
- Identify the Major Differences and Similarities between Financial and Managerial Accounting
- Understand the Role of Management Accountants in an Organization
- Linking Strategy to Planning and Costing
- The Key Role of Budgeting and Cost Control in Contemporary Organizations
- Towards a Cross-Functional Process-View of the Organization
- Understand Your Processes: Integrating Financial and Non-financial Aspects
- Understanding The Financial Statements
DAY 7
Cost Analysis
- What is Costing?
- Cost Concepts and Terminology
- Different Costs for Different Purposes
- Fixed vs. Variable Costs: The Cost-Volume-Profit Analysis Model
- Contribution Margin Analysis
- Manufacturing vs. Non-manufacturing Costs
- Period vs. Product costs: Inventory Evaluation and Control
DAY 8
Traditional vs. Advanced Techniques in Cost-control
- Under-costing and Over-costing: The Consequences for Profitability
- How to refine a Costing System?
- Indirect vs. Direct Costs
- Traditional Cost Allocations Systems vs. Activity-Based Costing
- Cost Hierarchy & Cost Drivers
- Linking Resources, Activities and Management
- Introducing Activity-Based Budgeting and Management
- Video, Case Study and Examples
DAY 9
Budgeting: Flexible Budgets and Variance Analysis
- The Role of Budgeting
- Define the Master Budget and Explain Its Major Benefits to An Organization
- Describe the Difference between a Static Budget and a Flexible Budget
- Compute Flexible-budget Variances and Sales-volume Variances
- Discuss The Behavioral Implication of Budgeting
- The Budgeting Process in Your Organization: How to improve it?
- Which tools shall we use to complement Budgeting and Costing?
DAY 10
Measuring Corporate Performance: The Balanced Scorecards and Six-Sigma
- Broadening Performance Measurement Systems
- The Key Role of Customer Satisfaction and Business Process Re-engineering
- Beyond Budgeting: Integrating Financial and Non-financial Issues
- Introducing The Balanced Scorecard
- The Key Perspectives
- Introducing The Strategy Maps
- Introducing Six-Sigma
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Endorsed Education Provider
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
P. O. Box 74653
Dubai - UAE
Tel: +971 (04) 425 0700
Fax: +971 (04) 425 0701
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