The Language of Business: Finance, Decisions, and Communication
Introduction
Accounting is often called the **language of business** because it translates complex financial activity into clear, actionable insights for decision-makers. This course provides participants with a solid understanding of how accounting information is **collected, recorded, analysed, and communicated**—both internally and externally—to support management, control, and strategic decisions.
Delegates will gain exposure to both **financial and management accounting systems** while learning how to transform raw financial data into powerful tools for **performance, profitability, and leadership communication**. Designed to deliver an *MBA-level experience*, this programme combines theory, practice, case studies, and team discussions to strengthen financial confidence across roles.
This course will feature:
* The role of finance, and financial vs. management accounting systems
* The income statement, balance sheet, and cash flow statement
* Determining product or service costs effectively
* Using accounting techniques to support smart decision-making
* Leveraging budgets for planning, communication, and control
Objectives
By the end of the course, participants will be able to:
* Speak the “language of business” with confidence
* Prepare, interpret, and communicate financial statements
* Apply management accounting techniques for operational and strategic decisions
* Use budgeting as a leadership tool for planning and communication
* Evaluate organizational performance using financial and non-financial measures
Who Should Attend?
* Managers with responsibility for business units, divisions, or departments
* Operational leaders involved in financial or performance decisions
* Consultants working on systems, operations, or financial improvement
* Senior staff looking to enhance financial literacy and communication
* Professionals aspiring to strengthen their financial leadership skills
Course Content
Day One – The Foundation: Introduction to Accounting
* Why accounting is the “language of business”
* The role of the finance function in decision-making
* The accounting equation & financial systems overview
* Preparing and understanding Income Statements & Balance Sheets
* Key accounting principles and global standards
Day Two – Financial Reports and Communication
* Income Statement: structure, purpose, and analysis
* Balance Sheet: what it reveals about financial health
* Impact of depreciation and impairment on results
* Accurate valuation of inventory
* Preparing the Cash Flow Statement
* Why cash flow is the ultimate business reality
Day Three – Management Accounting for Decisions
* Cost collection and analysis methods
* Direct vs. indirect costs: allocation and impact
* Absorption costing vs. Activity-Based Costing (ABC)
* Cost-Volume-Profit (CVP) and break-even insights
* Decision-making under constraints: make-or-buy, limiting factors
Day Four – Budgeting as a Strategic Communication Tool
* Linking corporate objectives with the budgeting process
* Budget preparation and realistic timeframes
* Sales forecasting methods
* Cascading budgets across functions and teams
* Functional budgets and cash budgets
* Best practices in budgeting and control
Day Five – Measuring and Communicating Performance
* Essentials of monthly management reporting
* Variance analysis: identifying and assigning responsibility
* Operating vs. planning variances
* Measuring ROI, RI, and EVA for decision-making
* Integrating non-financial measures through the Balanced Scorecard
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
