Healthcare Financial and Accounting Management Skills

The training course will be structured as a highly participative workshop with formal presentations, case studies, and interactive worked illustrations. Relevant examples and case studies are provided to demonstrate the application of each of the topics covered.

Opportunities are provided to learn and apply the key financial accounting and management skills using practical examples and case studies.

The training course has been designed to provide healthcare professionals from all disciplines to understand the healthcare sector's financial accounting and management principles and apply their knowledge the managing organisational performance of their organisation. 

By the end of this Gulf Rowad training course, you will be able to:

• Understand the fundamentals of financial accounting
• Analyse and interpret healthcare financial reports
• Participate effectively in healthcare sector budgeting processes
• Understand the principles of capital investment decision-making
• Focus decisions based on ‘value for money’ and cash management
• Assist in developing and implementing management dashboards

Professionals from a wide range of healthcare disciplines will benefit from attending this practical course on financial and management skills.

The training course is suitable for a wide range of professionals but will greatly benefit:

• Healthcare budgeting team members
• Healthcare planning professionals
• Financial and management accounting team members
• Clinical and surgical budget holders
• Hospital administration managers
• Dental surgeons and dental practice managers

Organisational Impact

The organisation will benefit from professionals across multiple clinical and administrative disciplines, developing and applying practical skills in financial and management accounting. This will deliver benefits in raised awareness of key financial and performance management principles and improved decision-making. The organisation will specifically benefit from:

• Knowledge of financial and management accounting principles
• Highly developed skills for financial analysis and interpretation
• Enhanced forecasting and budgeting capabilities
• Practical skills in capital investment decision-making
• Raised awareness of value for money (VfM) concepts
• Development of an integrated approach to performance management

Personal Impact

Participants will benefit from the principles and practical application of financial accounting and management skills specifically relevant to the healthcare sector. This capability will allow delegates to make a greater contribution to the management, budgeting, and financial decision-making processes in their organisation while enhancing their own career development potential. Specific benefits from the training course will include:

• A comprehensive briefing on financial accounting and management techniques
• Development of advanced skills in financial analysis and interpretation
• Application of practical skills in forecasting income and expenses
• Practical knowledge of budgeting principles and methods
• Working knowledge of investment decision-making processes
• Functional proficiency in designing integrated management dashboards