Course description
Finance for non-finance: one day open workshop
An intensive one day introduction to accounting and financial statements, with a unique and effective visual approach to accounting.
Designed as a finance for non-financial managers course, everyone from seasoned executives, to entrepreneurs and students, will develop a real financial literacy in just one day.
By understanding the fundamentals of accounting, you will:
- Be able to interpret and analyse financial statements more powerfully, resulting in a deeper understanding of business.
- Be empowered to engage in financial discussions with much more confidence.
- Be able to make better financial judgements and business decisions.
One recent testimonial: "This is the best accounting course I've ever done, and I've finished my MBA".
Outcomes of the course:
Understand the mechanics of how accounting works
Understand the structure of financial information
Build your fluency in the language of finance
Be able to read, interpret and analyse financial reports robustly
Increase your confidence in discussing financial matters with clients, colleagues or accountants
Improve your ability to think commercially and understand how transactions impact both profits and cash
Training Course Content
Topics covered on the course include:
- Purpose of accounting
- Balance sheet : assets, liabilities and equity
- Income statement : income and expenses
- How double entry accounting works
- How the income statement links to the balance sheet
- Why income and cash are two different concepts in accounting
- Receivables, payables, accruals, prepayments, depreciation
- Practice accounting with an interactive business simulation
- Understanding a business narrative
- Introduction to reading and analysing Financial Statements
- Key financial metrics for profitability and liquidity