The Ukrainian Association of Financial Managers public organization is launching a free online course on setting up and setting up management accounting and financial departments in companies for Ukrainians. The course is practical and built on real cases, templates and frameworks, contains text materials, tests and exercises. We receive many requests from micro and small businesses on these issues and when they come to us, we correct what was formed incorrectly and what has already brought losses, which is why we want to help entrepreneurs and managers at the start to avoid the most common mistakes. The course is free for all Ukrainians.
Course structure: The course consists of 10 lessons in total.
Links to additional materials:
https://drive.google.com/drive/folders/172VUB_cWp8RtUlHhVAaK4fdeJJ1K7Shv
| No. | Name | What is the lesson for? |
| 1 | What is management reporting and the principles of its formation? | We analyze what management reporting is, how it differs from accounting (regulated) reporting, and why it is important to form it. |
| 2 | Basic structure of the finance department, main roles and areas of responsibility. | We analyze the main roles in the finance department, the general structure and areas of responsibility for which they are intended. |
| 3 | Management reporting: critical mistakes to avoid | We analyze using real examples what exactly are the mistakes and how to avoid them. We provide a checklist for sound management reporting. |
| 4 | Analysis of the reporting structure and additional explanations, which indicators need to be monitored | We analyze what exactly we need to pay attention to, what kind of decryptions we need to prepare for owners and other users of information |
| 5 | Mandatory processes in the finance department | We analyze exactly how the finance department should work, and what processes and checklists will protect the owner from the risk of information loss, dependence on contractors, or inflated costs. |
| 6 | Tools for automating reporting and using AI in the finance department | Let's analyze how the financial function is changing under the influence of artificial intelligence, automation and new tools, and also consider the main systems for automation and accounting |
| 7 | Basic budgeting rules and common mistakes | We understand how to properly form plans, what to rely on and what to work with. |
| 8 | Tax and legal structure of the business | Let's analyze from which contexts you should look at the structure of your business, what you need to consider when making decisions |
| 9 | Bonus models for employees and mistakes that cost businesses dearly. Main mistakes between co-owners at the start of a partnership. | We analyze the interaction with key employees and between partners at the start of cooperation |
| 10 | How to turn "dry" numbers into stories that motivate action? Rules for creating financial presentations | We summarize the course, analyze the monthly report from the owner's side to understand how to look at the data and what should be taken into account |