Professional Diploma of Accounting and Finance in Business |Smart

Overview

Why Attend

This course offers this training program to help understand how to accurately record accounting and financial transactions and analyze their effects. It provides comprehensive explanations on how to manage and prepare precise and professional final accounts, as well as how to interpret financial data to control the organization, manage costs, working capital, and profits. The program also covers how to manage finances and raise new funds, along with the ideal approach to bookkeeping, cost accounting, budgeting, investment, and risk management. It equips you with the necessary information on how to effectively use accounting data to make sound financial decisions. This diploma is a "must-have" qualification for individuals looking to advance in this field and move up to mid-level and senior accounting and finance positions in business, commercial services, or public services.

Course Objectives

By the end of the course, participants will be able to:

Understand the Finance and Accounting jargon
Learn Costing and Budgeting Terminologies used in business
Determine full costs of outputs for the goods and services provided
Master traditional techniques and recent best practices
Link Finance and Operation for Budgeting Purposes and Strategy Execution
Learn How to Build a Comprehensive Performance Measurement System

Course Outline

The Need for Complete and Accurate Accounting Information

The need for full and accurate accounting information
Functions of accounting: recording and analysing transactions; reports and statements
Limitations of financial statements
Accounting terms and meanings

Capital and Business Finance

Initial capital and financing businesses; sole proprietors, partnerships, companies
Working capital, income & expenditure, cash flow and liquidity
Financial decisions and investments
Financial assets, gearing and risk; investment appraisal

Principles of Bookkeeping and Books of Account

Principles of bookkeeping, the ledge, double-entry bookkeeping
Books of account: cash book, sales book, purchases book, returns books, journals
The trial balance, manual and computerised accounts
Bank accounts: current, deposits, savings, interest

Final Accounts (1)

Financial accounting concepts
Goodwill, prepayments and accruals
Trading and manufacturing accounts
Statistics, percentages and ratios

Final Accounts (2)

Profit & loss accounts; information, layout, interpretation
Balance sheets; information, layout, interpretation, equity
Analysis, ratios, calculations
Gross profit, net profit, wealth; stock turnover

Principles of Costing

Purposes, benefits and limitations of cost accounting; key terminology
Different costing systems explained
Overheads and allocation
Standards, variances, activity based costing

Planning and Forecasting, Budgets and Budgeting

Business objectives, policy formulation; interpretation and implementation
Financial planning and forecasting
Budgets and budget preparation; sub-budgets and the master budget
Budgetary control, variances; inflation

Stock and Inventory Control

Stock management and control; inventory costs
Factors affecting the management of stocks and inventory
Stock levels; factors affecting levels set; types of levels
Stocktaking and valuation of stocks and work in progress

Credit, Credit Control, Discounts

Types and common forms of credit
The role and importance of credit
Credit control, credit limits and creditworthiness, dangers and bad debts
Discounts: types, purposes, accounting treatment

Partnership Accounts, Departmental and Branch Accounts, Hire Purchase

Special features of business partnership accounts, goodwill
Departmental accounts; purposes, analysis, apportioning expenses
Branch accounts; centralised, decentralised, consolidated trading, p&l and balance sheets
Hire purchase, accounting treatment, agreements

Interpretation of Final Accounts, Pricing Policy, Auditors and Auditing

Working capital management, cash and funds flows, liquidity, borrowing
Accounting ratios, interpretation & analysis, break-even analysis
Pricing policy, factors influencing selling prices
Auditing and auditors; duties, activities

Computerised Accounting Systems and ‘Packages’

Computers in accounting, characteristics of computers and systems
Components of accounting systems; hardware, software, databases
Applications and advantages of computerised accounting
Organisation and security of data; management information

Schedule & Fees

2026 Schedule & Fees

27 Sep - 1 Oct, 2026

English

Per participant USD 2,900

27 Sep - 1 Oct, 2026

Arabic

Per participant USD 2,900

6 - 10 Dec, 2026

English

Per participant USD 2,900

6 - 10 Dec, 2026

Arabic

Per participant USD 2,900

27 - 31 Dec, 2026

English

Per participant USD 2,900

27 - 31 Dec, 2026

Arabic

Per participant USD 2,900

2027 Schedule & Fees

7 - 11 Mar, 2027

English

Per participant USD 2,900

7 - 11 Mar, 2027

Arabic

Per participant USD 2,900

28 Mar - 1 Apr, 2027

English

Per participant USD 2,900

28 Mar - 1 Apr, 2027

Arabic

Per participant USD 2,900

6 - 10 Jun, 2027

English

Per participant USD 2,900

6 - 10 Jun, 2027

Arabic

Per participant USD 2,900

27 Jun - 1 Jul, 2027

English

Per participant USD 2,900

27 Jun - 1 Jul, 2027

Arabic

Per participant USD 2,900

5 - 9 Sep, 2027

English

Per participant USD 2,900

5 - 9 Sep, 2027

Arabic

Per participant USD 2,900

26 - 30 Sep, 2027

English

Per participant USD 2,900

26 - 30 Sep, 2027

Arabic

Per participant USD 2,900

5 - 9 Dec, 2027

English

Per participant USD 2,900

5 - 9 Dec, 2027

Arabic

Per participant USD 2,900

26 - 30 Dec, 2027

English

Per participant USD 2,900

26 - 30 Dec, 2027

Arabic

Per participant USD 2,900

Professional Diploma of Accounting and Finance in Business and Management

Overview

Why Attend

Course Objectives

Course Outline

Schedule & Fees

2026 Schedule & Fees

2027 Schedule & Fees