Mini Master in Accounting & Finance

Introduction:

This training course provides a comprehensive, practical overview of accounting and finance, equipping participants with the essential knowledge to understand financial information and support effective business decision-making. 

The course focuses on core accounting principles, financial statements, budgeting, financial analysis, and cash flow management, with an emphasis on real-world applications. 

Participants will gain the ability to interpret financial data, evaluate organizational financial performance, and apply accounting and finance concepts confidently in their professional roles.

Objectives:

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

• Understand core accounting and finance concepts
• Read and interpret financial statements
• Analyze financial performance
• Manage budgets and cash flow effectively
• Support informed financial decision-making

Training Methodology:

• Interactive lectures
• Practical exercises
• Case studies
• Group discussions
• Real-world financial scenarios

Course Outline:

Unit 1: Practical Accounting Fundamentals

• Understanding basic accounting concepts and principles
• The role of accounting in business decision-making
• Overview of the accounting cycle
• Recording day-to-day financial transactions
• Common accounting terms used in business

Unit 2: Financial Statements & Reporting

• Overview of key financial statements
• Understanding income statements, balance sheets, and cash flow statements
• How financial statements are prepared and linked
• Interpreting financial reports for business use
• Identifying common financial reporting issues

Unit 3: Financial Analysis for Business Decisions

• Introduction to financial analysis
• Key financial ratios and indicators
• Profitability, liquidity, and efficiency analysis
• Using financial analysis to support management decisions
• Reading financial performance trends

Unit 4: Finance Essentials & Cash Flow Management

• Fundamentals of finance and financial management
• Managing cash flow effectively
• Basic concepts of financial planning
• Understanding short-term and long-term financing
• Managing financial risks at a basic level

Unit 5: Budgeting, Cost Control & Financial Performance

• Principles of budgeting and forecasting
• Cost control techniques
• Monitoring budget variances
• Improving financial efficiency
• Linking budgets to organizational performance

Unit 6: Practical Applications & Case Studies

• Hands-on exercises using financial data
• Real-world case studies in accounting and finance
• Identifying common financial mistakes
• Applying accounting and finance concepts in daily work
• Integrating accounting and finance for better business outcomes