CATEGORY · ACCOUNTING, FINANCE & BUDGETING
ACCOUNTING POLICIES AND PROCEDURES
Course ID
Key schedule and booking details
Length 5 Days
Location online
Fees £ 1850
Date 2026-04-20
OVERVIEW
Clear and consistent accounting policies are essential for producing reliable financial information, supporting internal controls, and ensuring compliance with regulatory requirements. Without wellstructured procedures, organisations face operational inefficiencies, reporting inconsistencies, and audit challenges.
The Accounting Policies and Procedures course provides a comprehensive foundation for designing, documenting, and implementing accounting manuals that support accuracy, transparency, and accountability across the finance function. Over five practical days, participants will explore how to structure accounting departments, set up reporting systems, manage assets and payables, and establish procedures for inventory, receivables, payroll, and financial reporting.
By the end of the programme, you will be equipped to create policies and procedures that streamline financial operations, strengthen controls, and improve overall financial management.
You’ll learn how to:
Develop and structure an accounting manual
• Apply core accounting principles in daily operations
• Establish asset, payables, inventory, and receivables procedures
• Align accounting practices with reporting and audit requirements
• Prepare reliable financial statements based on internal policies
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• Enhance financial governance and operational consistency
OBJECTIVES
0
IDEAL PARTICIPANTS
This programme is ideal for professionals responsible for managing or supporting accounting functions, including:
Accountants and senior accountants
• Finance officers and finance managers
• Internal auditors and compliance staff
• Budgeting, treasury, and reporting personnel
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• Anyone involved in developing or revising financial policies and procedures
OUTLINE
DAY 1
Develop a solid foundation for departmental organisation and policy documentation. Understand the purpose and importance of accounting policy and procedure manuals
• Define roles, responsibilities, and authority levels within the accounting function
• Learn methods for organising and structuring accounting manuals
• Explore techniques for planning the setup of the accounting department
• Design effective financial reporting structures
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• Examine HR considerations and software strategies for accounting operations
DAY 2
Apply core accounting assumptions to everyday operations. Understand key accounting assumptions and their implications
• Distinguish between accrual accounting and cash accounting
• Examine the Going Concern assumption and its effect on reporting
• Review principles of reliable financial measurement
• Learn how to design a Chart of Accounts tailored to organisational needs
• Apply general accounting procedures, including:
• Exchange rate adjustments
• Accounts and cost/expense centres
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• Prepaid and accrual entries
DAY 3
Explore policies that support accurate management of fixed assets and supplier transactions. Learn strategies for classifying, recording, and tracking fixed assets
• Understand depreciation methods and how they affect financial statements
• Apply procedures for disposing of fixed assets in line with policy requirements
• Review reporting formats for asset management and audit purposes
• Establish policies for supplier selection and purchasing controls
• Manage vendor invoices and inventory receipts
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• Understand payment processing and accounts payable scheduling
DAY 4
Strengthen operational accounting processes that support production and customer management. Use tools and techniques for recording production costs
• Manage interdepartmental material transfers
• Apply procedures for issuing and valuing finished goods
• Define criteria for approving customer accounts
• Explore the use of bank guarantees and financial securities
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• Learn methods for issuing invoices and recording receivables
DAY 5
Integrate specialised processes into the broader financial reporting framework. Understand the accounting treatment of debit and credit notes
• Apply payroll recording and reporting standards
• Review the fundamentals of internal and external financial reporting
• Explore basic budgeting procedures and their accounting implications
• Learn guidelines for preparing and issuing financial statements
• Apply financial analysis techniques and compare results to budgets
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• Key takeaways and course evaluation
Will I receive course materials?
Yes, high-quality documentation is provided to all delegates.
Do you issue certificates?
An accredited Certificate of Completion is awarded upon successful completion.
What are the course timings?
09:00–12:45 or 13:00–17:00.
How do I register and pay?
Complete the registration form on the course page and select your preferred payment method.
What is your cancellation policy?
14 days from booking for a full refund or free transfer; exceptions apply on medical grounds.
Do you offer airport transfers?
Yes, airport pick-up and drop-off to/from the hotel can be arranged.
CONSULTING SERVICES
Tailored solutions for sustainable growth
At Regent Training Centre, we deliver consultancy services designed to help organisations overcome challenges and achieve sustainable growth through practical and results-driven strategies.
