Development Training Course on
Master Class:
Accounting & Finance
Mastering Accounting & Finance
Course Schedule
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Course Modules
This training course is split into the following modules:
This comprehensive training course consists of two modules which can be booked as a 10-Day Training event, or as individual, 5-Day training courses.
Why Choose Master Class: Accounting & Finance Training Course?
The Accounting & Finance Master Class is designed to provide professionals with an in-depth understanding of the critical role accounting and finance play in today’s business environment. This Accounting & Finance Training Course offers an MBA-level experience, combining expert instruction, interactive discussions, and team exercises to develop essential financial acumen.
Participants will gain a comprehensive understanding of financial reporting, management accounting, and investment decision-making. This course delves into the collection, recording, analysis, and presentation of financial data, ensuring professionals can make informed and strategic decisions. A strong emphasis is placed on corporate governance, financial risk management, and resource allocation, equipping professionals with the tools needed to drive business success.
This Accounting & Finance Course Will Cover:
- Core financial functions and accounting systems – Understanding the role of financial management in business success.
- Financial statements analysis – Mastering the income statement, balance sheet, and cash flow statement.
- Budgeting and business control – Utilising financial data for strategic decision-making.
- Investment evaluation techniques – Identifying and selecting the most profitable business opportunities.
- Financial risk management – Understanding and mitigating financial risks effectively.
What are the Goals?
By the end of this Accounting & Finance Training Course, participants will be able to:
- Prepare and interpret financial statements, including the income statement, balance sheet, and cash flow statement.
- Apply accounting techniques to enhance business profitability and operational efficiency.
- Evaluate and analyse corporate financial reports for better strategic decision-making.
- Assess and appraise investment opportunities to maximise business wealth.
- Identify, quantify, and manage financial risks within their organisations.
The Course Content
Day One: Introduction to Accounting
- The importance of accounting information
- The role of the Finance Function
- The accounting equation and financial accounting systems
- Recording facts and applying judgement
- Preparing the Income Statement and Balance Sheet
- Accounting principles and accounting standards
Day Two: Accounting Reports
- The format and contents of the Income Statement
- The format and contents of the Balance Sheet
- The effect of depreciation and impairment on profit
- Identifying and valuing inventory
- Preparing the Cash flow Statement
- The importance of cash flow in business
Day Three: Management Accounting for Control and Decision-Making
- Collecting and analyzing costs
- The structure of direct and indirect costs
- Dealing with overheads – absorption costing or ABC?
- Cost-Volume-Profit and break even analysis
- Decision making – make or buy
- Decision making – the effect of limiting factors
Day Four: Communicating the Plan through Budgeting
- Corporate planning and corporate objectives implemented through budgeting
- The budgeting process and timescale
- Sales budget forecasting techniques
- Cascading the budgets across the whole business
- Preparing functional budgets and the cash budget
- Budgeting principles, methodologies and applications
Day Five: Measuring Performance to Inform Decision Making
- Monthly management reporting
- Setting and using standards
- Identifying and calculating variances
- Operating and planning variances – who is responsible?
- Measuring responsibility centre performance, ROI, RI, and EVA
- Non-financial performance – the Balanced Scorecard
Day One: Financial Strategy and Performance
- The role of finance in strategic development and corporate sustainability
- Interpreting internal and external financial information for decision-making
- Evaluating liquidity, profitability, and efficiency - key performance metrics
- Developing a strategic financial plan aligned with business objectives
- Working capital and cash flow management for sustainable growth
- Using free cash flow and financial ratios to support strategic investment decisions
Day Two: Foundations of Corporate Governance and Ethical Leadership
- Principles and frameworks of effective corporate governance
- The evolution and significance of governance in modern organizations
- Governance, ethics, and accountability - integrating responsible leadership
- The relationship between boards, management, and shareholders
- Understanding stakeholder expectations and building trust through transparency
- Global governance codes and regulatory perspectives
Day Three: The Governance Ecosystem – Roles, Structure, and Oversight
- Agency theory and the governance responsibilities of directors
- Board composition, independence, and diversity in governance effectiveness
- The strategic role of committees - audit, risk, nomination, and remuneration
- Interaction between internal and external auditors
- Governance reporting, disclosure, and communication practices
- Lessons from governance failures and successes
Day Four: Risk Management within the Governance Framework
- Understanding the risk-governance nexus
- Identifying, measuring, and managing enterprise and financial risks
- The Four T’s of risk management: Tolerate, Treat, Transfer, Terminate
- Integrating risk management into the governance framework
- Addressing emerging risks - cybersecurity, ESG, and reputational risk
- Risk oversight: The role of the board and the audit committee
Day Five: Financial Risk Management
- Risk and Uncertainty in Business
- Identifying & Measuring Financial Risk
- How to Manage Risk - The Four Ts
- Managing Exchange Rate Risk
- Managing Commodity Price Risk
- Managing Interest Rate Risk
Certificate
- AZTech Certificate of Completion for delegates who attend and complete the training course
How Saudi Aztech Can Enhance Your Professional Career
At Aztech Saudi, we believe that professional development is the foundation of long-term career success. This training course is expertly designed to equip individuals with practical skills, forward-thinking strategies, and the confidence to navigate today’s dynamic work environments. Each course is delivered by subject matter specialists with extensive industry experience, ensuring that every learning experience is relevant, impactful, and aligned with real-world challenges. Whether you're looking to strengthen your technical expertise, enhance leadership abilities, or stay ahead of industry trends, Aztech Saudi provides the tools you need to elevate your performance and deliver measurable value to your organization.
Our training is more than just knowledge transfer—it’s a catalyst for career transformation. By participating in our courses, professionals gain a competitive advantage in their fields, improve their decision-making capabilities, and position themselves for new opportunities and leadership roles. We take pride in supporting individuals across various sectors and career stages, helping them unlock their full potential through high-quality, globally benchmarked learning experiences. With Aztech Saudi as your development partner, you’re not only investing in education—you're investing in a stronger, more successful future.
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Frequently Asked Questions
Common questions about our training courses
Yes, Saudi AZTech collaborates with globally recognized professional bodies to offer accredited training courses. Participants receive certificates that reflect international standards and support their career growth and industry credibility.
You can easily register through our website (aztech.sa) by selecting your preferred course and completing the online registration form. Our support team is also available to assist you with registration, invoicing, and any additional information you may require.
Our training courses are conducted in major cities across the Kingdom, including Riyadh, Jeddah, Dammam, and Al Khobar. We partner with top-tier venues to provide an optimal learning environment that combines comfort, convenience, and professionalism.
Absolutely. We work closely with Saudi-based organizations to develop tailored in-house training solutions that address specific business needs, departmental goals, and workforce development strategies—delivered onsite or at a preferred location
Saudi AZTech offers a wide range of internationally benchmarked training courses across various disciplines including leadership, finance, engineering, project management, HR, and more. All courses are designed to meet the professional development needs of individuals and organizations in Saudi Arabia.
