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ACCOUNTING FOR
NON-ACCOUNTANTS
 
COURSE OUTLINE

If you can read a nutrition label or a baseball box score, you can learn to read basic financial statements. If you can follow a recipe or apply for a loan, you can learn basic accounting. The basics aren’t difficult and they aren’t rocket science.

Accounting is defined as the art of recording, classifying, and summarizing in a significant manner and in terms of money transactions and events which are in part at least, of a financial character, and interpreting the result thereof. It provides a vital service "by supplying the information that decision makers need to make reasoned choices among alternative uses of scarce resources…"  It is important for every key person of a business to understand and interpret the products of the accounting process known as financial statements.

Accounting for Non-Accountants is a two-day workshop designed to help you gain basic understanding of how to read and prepare financial statements. The course is useful for all who occupy responsible positions in the business but lack accounting background. It will provide the participants with an appreciation and basic understanding of the accounting practices.

COURSE OBJECTIVES

Specifically, at the end of the course, participants will be able to:

· Define accounting and describe the role of accounting in making informed decisions to improve the business and increase profits;

· Explain types and uses of various financial records and how to prepare them;

· Define "financial position," state the accounting equation and show how the two are affected by simple transactions;

· Apply accounting principles;

· Identify and prepare basic financial statement

· Discuss and apply principles, concepts, methods and procedures of financial management and planning such as capital budgeting, cost-volume profit analysis, and working capital; and

· Read financial statements, and analyze and use them for decision-making.

COURSE CONTENT

The course includes the following topics and activities:

           Introduction & Basic Structure

                        of Accounting

              Accounting Records and Reports

Bookkeeping

Measuring Business Income

Completing The Accounting Cycle

Financial Statements

Analyzing and Interpreting Financial Statements

Cases and Exercises

 

CALL US FOR MORE INFO:   0910-8701258

EMAIL US:  workzoneservices@lycos.com

 

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" EFFECTIVE COLLECTION TECHNIQUE "

 

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