Certification Programs / Retail
American Certification Institute (ACI)
CIFP Certified International Finance professional
CIFP
Certified International Finance professional
Course Methodology
The Finance for Non-Finance program, also known as Certified International Finance Professional (CIFP) offers a learning experience that is a compilation of regular theory classes and interactive sessions. Learning methods like presentation, team activities, group discussions and case studies are incorporated into the session with the intention to help the participants familiarize themselves with the concept and adapt them in their professional lives.
Course Objectives
Upon completing this supply chain certification, participants will be able to:
- Familiarize yourself with basic financial statements including the balance sheet, cash flow etc.
- Learn how to use financial information to manage and assess your companyâs or departmentâs operations
- Understand how to analyze the financial conditions of your firm
- Accustom with basic skills in financial planning and budgeting
- Develop better decision-making skills from a cost management perspective
- Acquire proficiency in financial markets and cost-controlling
- Learn to analyze the financial strategies of the organization in a better way
- Implement a common financial language within the organization to ease the communication process
- Link organizational profitability to individual actions
Target Audience
All senior-level and mid-senior-level professionals are required to have financial acumen for their roles in the organization.
Target Competencies
Key Financial Statements
Accounting Concepts
Accounts payable and receivable
Drafting financial statements
Corporate taxation understanding
Ratio Analysis skills
Inventory and balance sheet
Budgeting and budgetary control
Investments & Project Evaluation Methods
Understanding of working capital management
Overview of cost management and costing techniques
CIFP
Certified International Finance professional
Introduction
CIFP – Certified International Finance Professional
Module 1
- The Accounting Process
- Cash Vs. Mercantile Accounting
- Accrual Concept
- Stock Valuation â FIFO Vs. LIFO
- Types of Accounting
- Revenue Recognition
- Cap-ex. vs. Op-ex.
- Understanding of Depreciation/Amortization
- Tangible vs. Intangible vs. Capital W-I-P
- Current vs. Non-current
Module 2
- Profit & Loss Account including OCI
- Balance Sheet and SOCIE
- Cash Flow Statement
- Notes to Accounts
Module 3
- P&L Statement Analysis
- Balance Sheet Analysis
- Funds Flow Analysis
- Ratio Analysis
- Trend Analysis
- Common Size Analysis
Module 4
- Concept of Working Capital
- Managing Inventory and Trade Receivables
- Managing Trade Payables
- Budgeting and Working Capital Management
Module 5
- Capital Expenditure Evaluation
- NPV Technique
- IRR Technique
- Pay Back Method
- Risk Analysis
Module 6
- Cost Concepts
- Various Costing Methods
- Breakeven Analysis
- Costing VS Budgeting
- Strategic Cost Management
Module 7
- Revenue Recognition and possible revenue leakages
- Revenue VS Trade Receivables
- Revenue VS Trade Payables
- Revenue VS Foreign Exchange Management
Module 8
- Introduction to the concept of Accounting Standards
- Generally applicable IFRS
- Discussion on Specific IFRS
Online/Offline Program
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16 August 2025
Online
-
18 September 2025
Online
Association / Affiliation
American Certification Institute (ACI)
American Certification Institute (ACI)
The American Certification Institute (ACI) offers globally recognized certifications across a wide range of business-related courses, providing professionals with the skills and credentials to excel in their fields. With alliance partners worldwide and affiliations like IPSCMI, ACI delivers premium training, testing, and certification programs designed to enhance career prospects and industry expertise.
Blue Ocean Academy has an exclusive tie-up with ACI to offer the CIFP program in the UAE and other GCC countries. Upon course completion, students receive a Certificate from ACI.
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Welcome to Blue ocean Corporation FAQ Page
Here, we have compiled answers to the most commonly asked questions regarding our training programs, consulting services, and conferences. If you have any further queries, feel free to reach out to us.
General Questions
You can register online by selecting your desired course on our official website and filling out the required details. Alternatively, you can email us at info@blueoceanacademy.com or call +971 52 176 9265. After your inquiry, a program expert will contact you to guide you through the registration process.
Payments can be made online via our website. Your training consultant can also provide a direct payment link for your convenience.
Yes, we frequently offer combo packages and promotional discounts on various courses.
We provide classroom sessions at our premises, online sessions, and corporate training that can be conducted at your office or any convenient location.
Public Training Courses
Typically, each batch accommodates 15 students, though this may vary depending on the course.
Yes, we accept part payments, allowing you to pay in up to three instalments.
Yes, we have a dedicated division that delivers training programs and certification examinations in Arabic.
Yes, we offer a wide range of corporate courses tailored to the specific needs of government, semi-government, and private organizations.
Yes, we provide course materials to enhance your understanding of the modules.
In-House Training
Our in-house courses are designed to enhance operational efficiency cost-effectively. Benefits include:
- Tailored solutions to address specific company challenges
- Training conducted by industry-specific faculty
- Customizable content to meet organizational needs
- Timely responses to all inquiries
Yes, we can conduct in-house training at your desired location or at Blue Ocean premises.
Yes, we offer tailored in-house training programs to meet the specific needs of your organization and employees.
