CIFA

Certificate in Finance and Accounting

Understand financial performance without a finance background.

Purpose

The purpose of the CIFA training course is to introduce participants to the key principles, terminology, and processes used in finance and accounting so they can better understand financial information and contribute to improved business decisions.

Scope

The CIFA course provides practical knowledge about financial statements, costing methods, financial ratios, and budgeting tools used in business operations.

It is designed especially for non-financial professionals, enabling them to understand how their operational decisions impact costs, profitability, and financial performance.

Benefits

Upon completing the course, participants will be able to:

Understand the structure and purpose of key financial statements
Interpret common financial ratios used in business analysis
Understand the fundamentals of the double-entry bookkeeping system
Identify and apply basic capital budgeting concepts
Understand major inventory valuation methods used in business
Explain product costing approaches used in manufacturing and services
Understand cost of goods manufactured (COGM) and cost of goods sold (COGS)
Identify the elements and calculations involved in break-even analysis
Understand the principles of Activity-Based Costing (ABC)
Understand the basic concepts of throughput accounting
Understand depreciation and amortization methods and their business impact
Improve decision-making by linking operational activities with financial outcomes

Features

100% online delivery through the BRASI Learning Management System
Self-paced and Instructor-led options
Practical and applied concepts
Industry-relevant examples and exercises

Course Content

Financial statements and financial reporting
Financial ratios and performance analysis
Double-entry bookkeeping principles
Capital budgeting and investment decisions
Inventory valuation methods
Product costing and cost allocation
Cost of goods manufactured (COGM)
Cost of goods sold (COGS)
Break-even analysis
Activity-Based Costing (ABC)
Throughput accounting
Depreciation and amortization

Learning Resources

Handbooks in PDF format
Video Lessons
Exercises and Templates
Module quizzes for self-assessment

Target Audience

Professionals working in operations, logistics, supply chain, or project management
Managers who need to understand financial implications of decisions
Entrepreneurs and small business owners
Professionals seeking foundational knowledge of finance and accounting
Individuals wishing to strengthen business decision-making skills
No prior accounting knowledge is required

Schedule

You can start upon signing up, and complete at your own pace. Access is allowed for three months, however, you may complete the course and obtain your certificate sooner, depending on your time allocation.

The course consists of four sessions of three hours each, one week apart, i.e., total four weeks’ duration. Please check Course Calendar on BRASI’s website for the next cohort.

Delivery Mode

Students receive 24/7 access to their learning account in the BRASI Learning Management System (LMS).

Assessment

Learners complete a final assessment online after reviewing the course materials and passing the module quizzes.

Certificate

Learners must obtain a minimum score of 70% in the final assessment.

Certificates are issued by Business Research and Service Institute LLC (BRASI), USA and are downloadable from the student account.

Each certificate:

Includes a unique verification ID
• Can be independently verified
• Is valid for life

Registration

Use coupon code: FNBY1021

to receive a 10% discount at checkout.

Fees & Payment

Course fees are posted on the BRASI website and may change periodically.

Training is delivered through the BRASI Learning Management System, and certificates are issued directly by BRASI.

Services

Training

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