Diploma in Accounting and Finance – Karachi

INTRODUCTION

Business decisions are not made in a vacuum – decision makers have some objectives in mind. The decisions are made mostly on the basis of data provided by different departments of the organization. All the decisions made in the organization directly or indirectly influence the financial position of the company.

Therefore, one can understand the importance of accounting and finance in the organization. And this is the reason, finance department play one of the most critical role in almost every firm.

The diploma in finance is designed to provide basic knowledge and develop practical skills to the working managers who have no or little background of accounting and finance. The program will ensure that at the end of the course, the participants have a good understanding of modern day finance and accounting.

OBJECTIVES

• Understand the importance of accounting and finance in organizations
• Provide basic knowledge and develop practical skills to the working managers who have no or little background of accounting and finance
• Apply the skills learnt in their organizations

PROGRAM CONTENTS

1. Basic Concepts and Conventions of Accounting
2. Business and Accounting Cycles
3. Inventory Management
4. Debt Management
5. Receivable Management
6. Managerial Accounting
7. Concept of Cost and Cost Accounting
8. Budgeting
9. Profit Planning
10. Risk and Return
11. Cost of Capital
12. Cash flow Analysis
13. Capital Budgeting
14. Dividend Policy

METHODOLOGY

Lectures, group discussions, exercises, assignments, case studies, and videos.

PARTICIPANT PROFILE

This program is designed for Executives responsible for making policy decisions at senior and middle management level. It is open to all who find it essential to have a better understanding of Financial and Accounting tools.

PROGRAM DURATION/DAYS

The program is of three-month duration. Classes will be on Mondays and Wednesdays (6:00 am to 9:00 pm).