Basic Accounting For Non-Accountants

Basic Accounting For Non-Accountants

Overview
Accounting for Non-Accountants is a training course that will enlighten you with all that you need to know about the Accounting Basics.

It will equip you with the right knowledge and skill sets for you to fully realize the ins and outs of the financial and management sides of business.

After this training, expect to understand Accounting as a tool that you can use to interpret financial figures of your chosen field.

Target Audience
Non-financial professionals who wish to gain understanding or refresh their knowledge of finance and accounting without going into debit and credit transactions.

Expected Duration (days)
3

Lesson Objectives

By the end of the seminar, participants will be able to:

  • Obtain a full understanding of the General Accounting Theories including the basic Accounting terms, Accounting process and Financial Statements.
  • Gain the ability to comprehend and analyze the 4 Financial Statements (Balance Sheet, Income Statement, Cash Flow Statement, and Statement of Changes in Equity) through special ratios and measurements.
  • To be knowledgeable of the Methods of Accounting.
  • To know how to apply Financial Information in real-life decision making from a Financial and Managerial stand point.
  • To appreciate Accounting Basics in a relative and engaging way.

 Course Outline:

  1. Introduction
  • What is accounting?
  • Accounting Process
  • Users of Financial Statements
  • Accounting Information System
  • Underlying Accounting Concepts & Principles
  1. Preparation of the Basic Financial Reports
  • Balance Sheet
  • Income Statement
  • Statement of Cash Flow
  1. Ratios and Analysis
  • Analysis & Interpretation of Financial Statements: The Business’ strengths and weaknesses
  • Liquidity Analysis
  • Profitability Analysis
  • Activity Analysis
  • Capital Structure Analysis

 

Course Number:
FNV2_07_EN_T

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