Accounting For Leaders

Starting Date: 09/12/2022 - Location: HCMC

Starting Date
09/12/2022
Location
HCMC
Tuition
5.000.000 VND
Discounted Fee
4.200.000 VND
Schedule
Friday-Saturday-Sunday
Time
08h30-11h30 & 13h30-16h30

Special rates are offered when payment is received at least seven (7) days before the course starting date.

Program's message

Nowadays, a manager can’t afford to ignore the accounting knowledge.

However, a manager does not need to take an exhaustive, academic course in this field, only a two-week course is enough! The reason is simple: a leader/a manager learns accounting for managing purpose, not implementing purpose.

What is accounting? Is it a profession or a management tool? The right answer depends on who you are! It is a profession if you work in the accounting department. Meanwhile, it will be a tool for your “managing profession” if you are a manager.

Therefore, there must be a clear distinction between “accounting for accountants” and “accounting for leaders”.

It normally takes about 8 years to become a professional accountant, including 4 years studying in finance & accounting major in university and about another 4 years working as an accountant in a company to get hands-on experience in this field.

Now, if you are a manager and you have never had any academic courses in finance and accounting, then how long will it take you to learn and use accounting as a management tool?

The answer for the above question lies in the PACE’s training program “Accounting for Leaders”. The program takes you only 2 weeks (instead of 8 years) to acquire this essential management tool for your whole-life career.

Program's information

TARGET PARTICIPANTS

Top-level managers and business leaders who are not accounting professionals.

PROGRAM OBJECTIVES

The program helps you understand modern accounting techniques and practices as tools to manage your enterprise more effectively.

TRAINING OBJECTIVES

After successfully completing the course, you will be able to:

  • Organize your accounting system;
  • Understand the role of the accounting department in business management;
  • Know what to expect of your accounting team;
  • Read, understand and analyze financial statements prepared by your accounting department;
  • Understand the relationship between accounting section and other sections;
  • Use auditing and accounting consultant service when necessary.

Program's content

Part 1. Overview of Accounting

  • What is accounting; overview of the financial, tax and management forms of accounting;
  • Understanding the key differences among finance and accounting, CFO and chief accountant, auditing and consulting.

Part 2. Organizing and Managing of Accounting Tasks

  • Accounting staffs, accounting software, equipment for accounting department;
  • Division of work and responsibilities within accounting department;
  • Building internal audit system of accounting activities;
  • Division of work and responsibilities among accounting section and other departments within your enterprise.

Part 3. The Purpose of Accounting Information

  • Reading, understanding and analyzing accounting information - financial statements, tax reports, and so on - in order to fully comprehend your corporate financial situation, profitability and solvency;
  • Use accounting data for managing, especially management accounting information in the financial reports produced by your accounting department.

Part 4. Management Accounting

  • Definition, objectives and nature of management accounting;
  • Classification of internal reports;
  • Costs and cost classification;
  • Cost of goods sold (GOGS) and methods of GOGS calculation.

 

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