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32 - AAU - Accounting and Financial Auditing

AAU 105 - Using Cost Accounting & Financial Analysis for Decision Making

Code Start Date Duration Venue
AAU 105 07 November 2022 5 Days Istanbul Registration Form Link
AAU 105 05 December 2022 5 Days Istanbul Registration Form Link
Please contact us for fees


Course Description

This course explores accounting & financial issues related to the management of corporations.  Participants will learn how to employ tools to examine various alternatives and make relevant  decisions.  The course will be conducted in a case study approach where participants will be encouraged to relate their own applications where possible.

Course Objectives

  • Understanding the major concepts in the discipline variously referred to as accounting and financial management 
  • Learning corporate accounting and managerial finance 
  • Understanding different approaches to financial and accounting analysis
  • Understanding how to examine various alternatives and make relevant decisions

Who Should Attend?

  • Managers
  • Financial officers
  • Accountants 
  • Auditors  
  • Anyone interested in developing their performance in accounting and financial analysis

Course Details/Schedule

Day 1

  • Genereal overview 
  • Financial statements 
  • Analysis of financial statements
  • Time value of money 
  • Bonds, bond valuation, interest rates

Day 2

  • Projecting deadline for individual projects and the incurrance of potential costs
  • Securities & their valuation  
  • Cost of capital   
  • Capital budgeting 

Day 3

  • Cash flow estimation 
  • Advanced financial planning 
  • Corporate valuation  
  • Capital structure   
  • Dividend policy

Day 4

  • Major differences and similarities between financial and managerial accounting
  • Organizational roles of accounting and management
  • Organizational strategy costs
  • Cost classifications used in making decisions
  • Job costing system
  • Process overhead costs 
  • Allocating support cost on a departmental basis

Day 5

  • Cost Behavior: Analysis and Use -fixed and variable costs
  • Cost-Volume-Profit Relationships
  • Profit Planning/budgeting
  • Activity - based costing