Learn Financial Planning with LBTC Accounting and Business Management Courses

As a widely accepted fact, accounting and financial planning are independent and specialized areas of operations. It requires exclusive skills in order to compute the existing as well as the future financial position of the organization. Although yes, a manager or business head or a CFO may not be required to learn the operational aspects of finance and accounting, he/ she should certainly learn some important concepts associated with budgeting and financial planning.

Financial planning, along with the operational one, coupled with other aspects such as marketing, sales, HR, and administration, completes the business management circle, thus transforming a manager into a comprehensive leader. LBTC’s accounting and business management courses in London are aimed at filling this industry requirement and help business heads and the CFOs learn the fundamental as well as some advanced aspects of financial and budget planning.

CFOs and managers, in particular, are often required to take macro decisions associated with investments, financial planning, preparing national budgets, etc. In such cases, a detailed understanding of the factors governing these decisions is imperative, thereby helping the chief finance executives to make educated and informed decisions. On the other hand, it is also the manager’s prerogative to take branch level decisions that also requires a thorough understanding of the management and administrative aspects of accounts and finance. LBTC’s course is aimed at acquainting existing managers, CFOs with a comprehensive learning of all the said factors. It takes them through the various routine as well as periodic necessities that govern the financial environment of an organization.

LBTC CFO Seminars | LBTC CFO Course | Financial Business Courses in London

Accounting and finance management involves an understanding of a lot of reports, work-flows, interpretation of a lot of statements, etc. required to build a successful financial strategy and compute the financial statement of the organization. LBTC’s finance for non-finance training encompasses learning the below topics.

Pricing Decisions: Life cycle costing and pricing, the marketers and the economist’s perspective, marginal cost plus pricing, pricing and costing from the accountant’s perspective, activity based costing pricing, pricing strategies, combining three perspectives – developing an appropriate pricing strategy, and target pricing and costing.

Budgets and Performance Management: Responsibility centres, balance scorecard, profit related performance measurement, standard costing and variance analysis, the controllability principle, performance management in non-profit organizations, external factors influencing performance.

Operational Decisions: Relevant costing, operational decision marking, cost volume profit analysis (CVP).

Cash Flow: Cash flow requirements of a business, cash forecasting, interpreting and analyzing a cash-flow forecast, cash establishing methods, cash management and strategies to improve cash flow.

Investment Decisions: Incorporating the real world complexities into investment appraisal, investment appraisal within context, traditional evaluation techniques, taking a broader strategic view, the basics of investment appraisal.

LBTC’s CFO seminar is useful for existing managers intending to improve their analytical skills and apply different types of finance and accounting tools to seek managerial advantage. Besides, it is also useful for individuals who wish to enhance their accounting knowledge in order to make informed operational and management decisions.

The course code is AFB101B and the course duration is 1 week. The upcoming batch begins on 24 September continuing until 28 September 2018. The course fee is GBP 2450 + VAT.

Staying aloof from financial and accounting management isn’t healthy from the perspective of operating the business in the long-run. Understanding business from the viewpoint of financial management would certainly help the existing managers to make better decisions, plan the financial objectives in a better manner, thereby chalking out the way forward. For a detailed description of the accounting and business management courses and its application, contact LBTC at +44 203 1266 755.

Rohit Chandiramani is the CEO of London Business Training & Consulting. Having completed his MBA, not only is Rohit a student of Business and Management, but through his firm has also facilitated the delivery of the subject matter to hundreds of lear