This course is focused on the concept of accounting as the basic language of business. Financial accounting is concerned with the manner in which an organisation communicates its financial information to the person who makes decisions. This program is designed specifically for the manager or other professional with limited exposure to the understanding of financial systems. These people often have budgetary responsibilities and will perform those tasks much better with a clear understanding of the principles of basic accounting.
The following topics will be reviewed in a three (3) day Workshop:
- Basic Accounting Definitions/Concepts
- Analysing Business Transactions
- Becoming Financially Literate
- Recording Financial Activities
- Preparing Financial Statements
- Putting the basics to work
- Cash Flows
- Cash Flow Worksheets
- Performance Statements
- Building Reasonable Assumptions
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