Finance & Accounts

FA 3 Reporting and Budgeting level 2

Reporting and Budgeting (Level 2)

Accredited by: LONDON INSTITUTE OF SKILLS DEVELOPMENT SIGNATURE PROGRAMME

Who should attend?

Those for who have studied finance and its part of their responsibility or they are new to management and need a greater understanding of financial management. They will be from all sectors, including private, public and not-for-profit including.  This course assumes they already have a good appreciation and current knowledge of the topics covered in the Level 1 course.

  • New managers or managers wanting to update their financial knowledge
Course Code:F/A.3
Subject:Finance
Course Fee:£795
Duration:4 Days
Venue:University of Cambridge, U.K
  • Budget holders who want to create and manage their budgets more effectively
  • Operations managers who want to know more about cost management and projects
  • Sales and marketing employees who want to understand financial statements
  • Anyone who needs to improve key accounting concepts, and improve forecasting and cost management skills
  • Managers who are about to be promoted into positions which require financial literacy
  • Managers facing financial decisions or expect to make a contribution to a wider planning process.
  • Junior Managers, Fresh Graduates & Final Semester Students to acquire a promising career in a reputable organization.

Learning Objectives

By the end of the course delegates will be able to:

  • Describe and interpret essential financial management information
  • Manage financial aspects of projects more effectively
  • Address budgeting requirements with a longer-term perspective and justify expected expenditure
  • Participate in investment portfolio construction

Course Content

Key Financial Concepts and Principles Covered in Level 1 Course

  • Comparison of cash and accrual accounting
  • Main features of IFRS and IPSAS
  • The key statements according to IFRS and IPSAS
  • Overview of the budget processes in public and private sector
  • Assessing financial performance

Management Accounting

  • Types of management information prepared for internal consumption
  • Financial information managers need in order to be able to manage – the power of comparisons
  • Historical revenues and profits, cost trends, product profit margins, receivables information, budget comparisons, break-even analysis and contribution margin analysis.

Managing the Costs and Finances of Projects

  • The stages of project management
  • Building the Business case and getting approval for funding
  • Estimating project costs – expert, analogous parametric, bottom up estimating etc.
  • Understanding Gantt charts
  • Project forecasts
  • Project risks and financial implications

Building an Effective Budget

  • Public Sector context of financial management
  • Public budgeting seen through four perspectives – political, economists, accountants, managers
  • Approaches to budgeting including; line item budgeting, program budgeting, zero-based budgeting, priority-based budgeting
  • Three pre-requisites for budget preparation
  • Medium Term Expenditure Frameworks – aligning budgets

Investment and Risk

  • Building an investment portfolio – key questions – WHY are we investing, REQUIRED RETURN, WHAT do we invest in, WHEN do we invest, WHERE do we invest
  • Five key stages – risk preference, asset classes, amount to invest in each class, choose investments, monitor and rebalance
  • Fundamental and Technical analysis techniques
  • Identification and mitigation of key risks

LISD Workshop Special GROUP Package Highlights:

(prices applicable to a group of minimum 8 persons)
*Maximum 15 persons will be enrolled in each workshop

  • 4 Days + 3 Nights Programme
  • Programme Registration with the invoice
  • 2 Scientific Knowledge-sharing sessions
  • Certificate of Participation signed by the authorities
  • 3 Night-accommodation in B&B (Double accommodation)
  • 2 Networking Dinners
  • 3 Lunches
  • 3 Networking Tea/Coffee
  • Airport Group-Pick & Drop Service
  • City Crawl
  • Group Excursion- Famous Tourist Attractions

Generic Schedule:

4 Days/ 3 Nights Programme

Day 1:
Hotel Group Pick-up Service from the nearest Airport to the Bed & Breakfast (Hotel)
Check-in: (between 2:00-4:00 pm)
City Crawl includes Takeaway Lunch and Coffee
(1st Night)

Day 2:
Interactive Learning Sessions: 9:00 am – 4:00 pm
Includes 2 Tea Breaks + Lunch
7:30 pm Networking Dinner
(2nd Night)

Day 3:
Interactive Learning Session/ Award Ceremony: 9:00 am- 1:00pm
Includes 1 Tea + Lunch
Excursion: 2:00-7:00 pm
Networking Dinner: 7:30 pm
(3rd Night)

Day 4:
Hotel Check-out at 10:00 a.m
Luggage can be Deposited in the Hotel
Free to Shop and Roam (independently)
Back to the Hotel at least 3.5 hours before the flight
Group Drop-off to the Airport

Register Per Person

Workshop VenueFull 4 Days + 3 Nights Workshop Package PER PERSON IN GROUP inclusive all taxesCredit/Debit Card
University of Oxford, U.KGBP 1350Register NowRegister Now
University of Cambridge, U.KGBP 1350Register NowRegister Now
King’s College London, U.K (University of London)GBP 1350Register NowRegister Now
University of Edinburgh, U.KGBP 1350Register NowRegister Now
London Institute of SD – Learning CenterGBP 1145Register NowRegister Now
Baku, AzerbaijanGBP
Istanbul, TurkeyGBP