Course Overview

Every thriving organisation is built on a solid financial foundation — one defined by clear, consistent, and compliant accounting practices that stand up to scrutiny.

The Accounting Policies and Procedures training course by Transformentors Academy equips finance professionals with the knowledge and hands-on tools needed to design, implement, and sustain an effective accounting framework — one that promotes transparency, ensures accuracy, and upholds accountability at every level.

Through a carefully balanced mix of technical guidance and real-world application, participants will learn how to develop comprehensive accounting manuals, build efficient departmental structures, and apply standardised procedures across critical areas including fixed assets, payables, receivables, and financial reporting.

By the conclusion of the programme, participants will be fully prepared to strengthen financial governance, streamline day-to-day operations, and actively contribute to the long-term, sustainable growth of their organisation.

Agenda

Day — 1 Designing the Accounting Manual and Department Structure 

• Establishing a clear understanding of why accounting policies and procedures manuals are essential and the critical role they play in maintaining financial order and consistency
• Exploring proven strategies for defining roles, responsibilities, and authority levels within the accounting function to ensure clarity and accountability
• Examining effective methods for organising and structuring the accounting manual so it is logical, accessible, and easy to apply in practice
• Learning practical techniques for planning and setting up a well-functioning accounting department from the ground up
• Applying guidelines for designing financial reporting structures that are efficient, reliable, and aligned with organisational goals
• Discussing key arrangement considerations for human resources planning and software strategy to support a capable and future-ready accounting function

Day — 2 Accounting Principles and General Procedures

• Building a solid understanding of implied accounting presumptions and exploring the broader implications they carry for financial practice
• Examining the fundamental differences between the accrual basis and cash basis of accounting, and understanding when each is most appropriately applied
• Unpacking the Going Concern assumption and exploring how it shapes the way financial information is reported and interpreted
• Discussing the core principles that underpin reliable financial measurement within established accounting frameworks
• Applying practical guidelines for setting up a Chart of Accounts that is tailored to the specific structure and needs of the organisation
• Gaining a working understanding of essential general accounting procedures, including:
  • Exchange Rate Variations — managing and recording the impact of currency fluctuations on financial transactions
  • Accounts and Expense Centres — organising financial data by function or department for clearer cost tracking and reporting
  • Prepaid and Accrual Concepts — ensuring income and expenses are recognised in the correct accounting period for accurate financial representation

Day — 3 Asset Management and Payables Policy

• Exploring effective strategies for classifying, recording, and managing fixed assets within accounting systems to ensure accuracy and long-term asset control
• Examining the key depreciation methods available and understanding how each influences the figures presented in financial statements
• Developing strategies for managing the disposal of fixed assets in a manner that is fully compliant with organisational policies and accounting standards
• Understanding the reporting formats used in fixed asset management and how they support audit readiness and financial transparency
• Applying clear guidelines for establishing robust policies around supplier selection and the management of purchasing procedures from end to end
• Learning practical methods for processing vendor invoices and inventory receipts accurately and efficiently within the accounting system
• Gaining a thorough understanding of how payment orders are processed and how accounts payable schedules are effectively managed to maintain financial control and supplier relationships

Day — 4 Production, Inventory, and Receivable Management

• Exploring practical tools and techniques for accurately recording and registering production costs within the accounting system
• Developing effective strategies for managing the interdepartmental transfer of materials, ensuring smooth internal workflows and accurate cost allocation
• Understanding the established procedures for issuing and valuing completed goods, and how these processes feed into overall financial reporting
• Explaining the criteria used to evaluate and approve customer accounts, and walking through the end-to-end approval process
• Exploring the role of bank guarantees and other financial securities in managing risk and safeguarding business transactions
• Applying the right tools and techniques for issuing invoices accurately and recording accounts receivable in a timely and organised manner
• Developing strategies for managing collections effectively and recording receipts in a way that keeps cash flow visibility clear and financial records up to date

Day — 5 Specialised Accounting Policies and Financial Reporting 

• Examining the correct accounting treatment for debit and credit notes and understanding how they are applied in practice to adjust financial records
• Explaining the standards and best practices that govern payroll recording and reporting, ensuring compliance and accuracy across all employee-related transactions
• Building a foundational understanding of both internal and external financial reporting, and recognising the distinct purposes each serves within an organisation
• Exploring the core budgeting procedures that underpin sound financial planning and understanding the accounting implications that follow from budgeting decisions
• Applying clear guidelines for preparing and issuing financial statements that are accurate, compliant, and meaningful to their intended audience
• Understanding the procedures involved in financial analysis and how actual performance is contrasted against budgets to identify variances and inform decision-making
• Key Takeaways & Course Evaluation: Consolidating the essential lessons from across the programme and reflecting on how the knowledge gained can be applied in the workplace, followed by a structured course evaluation to assess overall impact and participant experience

Post-Course

• Three (3) x hour-long Executive Coaching sessions at monthly intervals following Course Completion

Target Audience

• Senior Executives and C-level Leaders
• HR Directors and Organisational Development Managers
• Leadership Coaches and Mentors
• Change Management Specialists
• Managers and Department Heads
• Business Unit Leaders
• Talent Development and Leadership Development Professionals
• Employee Engagement and Culture Managers
• Strategic Planners and Decision Makers
• HR Business Partners
• Team Leaders and Supervisors involved in change initiatives
• Organisational Psychologists and Behavioural Experts
• Business Advisors

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

• Identify and understand key characteristics of great leadership.
• Develop behaviours and habits that build credibility and influence.
• Analyse and evaluate leadership styles using real-world benchmarks.
• Recognise core traits that enable effective leadership in complex environments.
• Cultivate and apply growth-oriented mindsets.
• Adapt leadership behaviours through cognitive flexibility.
• Implement strategies to maintain leadership stability.
• Recognise and manage personal leadership triggers.
• Use techniques to sustain focus and clarity under pressure.
• Strengthen key dimensions of executive presence: credibility, clarity, and composure.
• Ensure alignment between self-perception and external signals of leadership.
• Utilise verbal and non-verbal techniques to enhance leadership impact.