Introduction:

Building a well structured company requires the integration of financial systems, governance frameworks, and accounting structures that support operational efficiency, strategic alignment, and sustainable growth. It integrates financial management, accounting, enterprise resource planning, financial reporting, business valuation, budgeting, and financial analysis to strengthen organizational performance and decision making. This training program explores financial management frameworks, accounting structures, ERP financial systems, and business analysis models. It provides an institutional perspective on how these practices strengthen financial governance, organizational resilience, and sustainable growth.

Program Objectives:

By the end of this program, participants will be able to:

Explore the financial and accounting principles that support company structure.
Utilize effective budgeting and financial planning strategies.
Identify the financial compliance and reporting standards.
Utilize financial data for strategic decision-making and performance improvement.
Foster financial transparency and accountability within their organization.

Targeted Audience:

Financial Managers.
Accountants and Finance Team Leads.
Business Owners and Entrepreneurs.
CFOs and Controllers.
Senior Managers involved in Financial Decision-Making.

Program Outline:

Unit 1:

ERP Financial Setup:

The structure and purpose of a chart of accounts.
Steps to develop a comprehensive chart of accounts.
How to customize the chart for different business needs.
Ensuring alignment with financial reporting requirements.
Steps used for maintaining and updating the chart of accounts.

Unit 2:

Recording Journal Entries (Accrual Basis):

Principles of accrual accounting.
Differences between accrual and cash basis accounting.
How to record common types of journal entries.
Frameworks for automating journal entry processes in ERP systems.
Ensuring accuracy and compliance with accounting standards.

Unit 3:

Financial Statement Modeling:

Elements of a financial statement model.
Steps to construct the income statement, balance sheet, and cash flow statement.
Frameworks for integrating financial statements into a cohesive model.
Importance of using Excel and other tools for financial modeling.

Unit 4:

Business Valuation and Benchmarking:

Overview of business valuation methods.
Steps to perform discounted cash flow (DCF) analysis.
How to apply market multiples and comparable company analysis.
Key performance indicators (KPIs) for benchmarking.
The process of collecting and analyzing benchmarking data.

Unit 5:

Financial Analysis Techniques:

Principles and purpose of cost benefit analysis.
Steps to perform a comprehensive cost-benefit analysis.
Oversight on sensitivity analysis and its applications.
Steps to conduct sensitivity analysis.
Oversight on multi criteria decision analysis (MCDA).

Building a Well Structured Company