* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
Demonstrate how they can enhance the operations of the finance and accounting department. Acquire internationally implemented best practices in the following areas: accounts payable, billing, budgeting, cash management and treasury, costing, filing, financial statements, general ledger, inventory, payroll, and policies and procedures. Leverage their accounting cycle skills. Use new tools to make their job efficient and smart. Apply their knowledge through hands-on workshops and group presentations.
What Do Participants Learn?
Demonstrate how they can enhance the operations of the finance and accounting departments.
Apply internationally implemented best practices in the following areas: accounts payable, billing, budgeting, cash management and treasury, costing, filing, financial statements, general ledger, inventory and policies and procedures.
Leverage their accounting cycle skills.
Use new tools to make their job efficient and smart.
Apply their knowledge through hands-on workshops and group presentations.
Who Should Attend?
Professionals in the field of finance and accounting, managers, supervisors, and finance professionals who need to understand, apply and implement practical tools to enable them to run the finance and accounting departments more efficiently.
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
The Importance of Best Practices (BP)
Effective versus Efficient Tools
Functions of Management
Finance and Accounting Vision and Mission
Customer Service Survey
Purposes and Processes of Finance and Accounting (F&A)
Accounting Cycle and Financial Statements Cycle
Accounts Payable (AP) Best Practices
The Life Cycle of Accounts Payable
Improving AP through Decentralization and Centralization
Enhancing AP Processing Using Vendor Analysis and Reconciliation
Electronic Expense Reporting
On-Line Purchasing Catalogue
Document Management System
Billing, Collection, Inventory Cash Management, and Budgeting Best Practices & Fixed Asset Best Practices
Accounts Receivable Life Cycle and Tools
Inventory Life Cycle and Tools
Improving Cash Management, Lockbox Collections, and Zero-Balance Accounts
Modern Budgeting Techniques Mindset
Fixed Assets Life Cycle and Tools
Bar Coding Systems
Capitalizing versus Expensing of Fixed Assets
Reporting Best Practices Using Excel
Improving Timeliness and Accuracy of Business and Accounting Data
Enhancing Report Development and Analysis
Consolidating your Data
Validating Data for Accuracy
Using Pivot Tables
Preparing Periodic Reports in No Time
Performing Efficient and Accurate Reconciliation
Bank Statement Reconciliation
Payroll Reporting and Analysis
Accounts-Payable Reporting and Analysis
General Ledger Reporting, Reconciliation and Analysis
Budgeting Reporting and Analysis
Invoice Analysis and Reporting
Creating Flash Management Reports
XBRL, and Dashboards
Enhancing Policies and Procedures Manuals
Essential Behavioral Concepts for Enhancing Finance and Accounting Operations
The New Set of Skills for F&A
Clean Desk Policy
Hiring the Best, Cross-Training, Back-Up Strategies, and Teamwork