Finance and Accounting for Non-Financial Professionals

This course transforms financial and accounting concepts into decision-making tools you can use successfully every day.  You learn to apply the fundamentals of finance to improve budget management, increase potential profits and assess the financial viability of projects.

CONTENTS:

• Accounting Process
• Recording Transactions
• Balancing the Accounts
• Preparing Trial Balance
• Depreciation  Accounting
• The Methods of Depreciation
• Accounting for Depreciation
• Preparing  Final  Accounts
• The Profit and Loss Account
• The Income and Expenditure Account
• Finalization of Accounts
• Journalizing adjustment entries
• Passing the closing or transfer entries
• Preparing Financial Statements
• A Manager’s Guide to Budgeting
• Recognizing that budgets are more than numbers
• Comparing budget approaches
• Types of budgets
• Budgeting as a planning and control tool
• Putting it all together

FOR WHOM: All professionals and others who are keen on increasing their knowledge of accounting and finance for enhanced decision making.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

2ND BATCH

23rd – 26th July, 2019