Telephone Billing & Financial Accounting - (Diploma-Postgraduate)
Training
In Brussels (Belgium) and Milano (Italy)
*Indicative price
Original amount in GBP:
£ 10,000
Description
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Type
Training
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Location
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Duration
10 Days
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Start date
Different dates available
Suitable for: Telephone billing accountants. Vice presidents of manufacturing and commercial businesses. Marketing, engineering and human resources managers. Project managers. CEOs who are involved with development of long-term customers, suppliers, outsourcing partners, and other global strategic alliances. Sales and marketing executives. Supply-stream professionals. Internal auditors. Public accountants. Assets accountants. Attorneys. Any non-financial managers who are required to read, interpret, and contribute to business financial reports
Facilities
Location
Start date
Start date
Start date
Reviews
Course programme
PROGRAMME OUTLINE
· The Billing Cycle
· Calculations outside the billing period
· The Return Journal
· Returns inwards and credit notes
· Returns inwards journal
· The Credit Note
· General Ledger
· Examples of Returns Outwards Journal
· Sales Ledger
· Returns Outwards and Debit Notes
· Returns Outwards Journal
· Purchases Ledge
· Double Entry and Returns
· Returns Inwards and credit notes
· Statements
· Showing amount owing at the start of the month
· Showing amount of each sales invoice sent to the debtor during the month
· Showing credit notes sent to the debtor in the month
· Cash and cheques received from the debtor during the month
· Showing finally, the amount due from the debtor during the month
· Calculation of the Effect of price Changes on the Median Bill
· Calling Pattern
· Decile Billing
· Call Accounting Software
· Refunds of overpayment
· Market Based Transfer Pricing
· Cost based transfer Pricing
· New role for managers and management accounts in designing
· Example of return inward journal
· An example of returns inwards journal showing the items posted to the sales ledger and the general ledger is not shown;
· A strategic view of the business environment
The Accounting Environment
· The uses and purpose of accounting
· Users of accounting and financial information
· Various groups of stakeholders: internal and external users
· Accounting language and terminology
· Cash versus profit, accruals and monetary concepts
· Profit and profitability
· Accounting Report and Statements
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Statement 1: The balance sheet – the financial position
· The structure of the balance sheet
· What does the balance sheet tell us about the company?
· Limitations of the conventional balance sheet
Statement 2: The profit and loss account (income statement) – financial performance
· What is profit?
· The structure of the profit and loss account
· What does the profit and loss account tell us about the company
· The links between profit and loss account and balance sheet
The financial statements and financial analysis
Statement 3: The cash flow statement – financial flow
· Cash versus profit
· What is included in the cash flow statement?
· Why is cash flow so important?
· The structure of the cash flow statement
· The links between three accounting statements: the cash flow statement, profit and loss account and balance sheet
The annual report and financial analysis
· The key elements of published reports and accounts
· Ratio analysis: profitability; efficiency and performance; liquidity; investment; cash flow;
· the DuPont system
· Cash versus profit as a measure of performance, EBITDA
· Predicting business failure – the Altman Z-score
· Sources of financial information
· The use of non-financial information together with financial information
Budgeting and Short-term Planning
Break-even analysis: Cost/volume/profit analysis
· Cost/volume/profit (CVP) relationships
· Break-even analysis
· Single and mixed products
· The impact of cost structure changes
· Limitations of CVP analysis
Budgeting
· Purposes of budgeting
· The budget process, including activity based budgeting
· Uncertainty and risk – worst and best outcomes
· Motivation and the behavioural aspects of budgeting
· Problems in budgeting
Budgetary Control and Long-term Planning
DCF and capital investment appraisal
Capital investment decisions
· Organisational and accounting control systems
· Standard costing
· Flexed budgets and variance analysis
· Types of variances and the reasons they occur
· Planning and operational variances
Financing the business and strategic accounting
Internal and External Sources of Finance
Financing the business
· Sources of finance
· Gearing
· Weighted average cost of capital (WACC)
· Cost of debt and equity capital
· Risk analysis and CAPM
Strategic accounting
· Outline of strategic management accounting
· Competitor information and strategic positioning
· Competitive advantage
· Strategic accounting systems, and the balanced scorecard
· New role for managers and accountants
Telephone Billing & Financial Accounting - (Diploma-Postgraduate)
*Indicative price
Original amount in GBP:
£ 10,000