Course Overview:
The Financial Accounting for Non-Financial Professionals course is designed to provide a comprehensive understanding of financial principles and practices for professionals from non-finance backgrounds. Participants will gain valuable insights into financial statements, budgeting, and financial decision-making, enabling them to make informed strategic contributions to their organizations. This course fosters financial literacy and empowers non-financial managers to interpret and utilize financial information effectively. Enroll to accounting training Cyprus.
Learning Objectives:
- Understanding Financial Statements
- Financial Statement Analysis
- Budgeting Essentials
- Cost Management Principles
- Financial Decision-Making
- Risk Assessment and Management
- Communication of Financial Information
- Cashflow
Target Audience:
- Department Managers
- Project Managers
- Marketing and Sales Professionals
- Human Resources Managers
- Operations Managers
Decoding Financial Statements: A Comparative Analysis
Dive into the differences between the Statement of Financial Position and the Statement of Comprehensive Income.
Mastering the Basics: Assets, Liabilities, and More
An introductory overview of key financial concepts: Assets, Liabilities, Expenses, and Income. Examination of a typical set of financial statements to contextualize these terms.
The Art of Double-Entry Bookkeeping and Ledger Management
A comprehensive guide to double-entry bookkeeping. Practical exercises in posting transactions through the ledger and understanding debit and credit balances.
Unraveling the Trial Balance: Ensuring Accuracy in Accounting
The significance of the trial balance in accounting. Techniques for identifying and rectifying significant errors.
Profit Insights: Dissecting Gross and Net Profit
Detailed analysis of Gross Profit versus Net Profit, including their roles in financial assessment.
Practical Accounting: Entries for Common Transactions
In-depth exploration of accounting entries for major business transactions.
Financial Ratio Analysis: Tools for Business Performance Evaluation
Instruction in calculating, analyzing, and interpreting key financial ratios: Profitability, Liquidity, and Performance.
Budgeting Essentials: Development and Oversight
Strategies for creating and managing simple budgets for various projects or departments.
Bank Reconciliation Demystified: Theory and Practice
Understanding the necessity of bank reconciliation statements with a practical example.
Hands-On Financial Application: Real-World Accounting Scenarios
Application of learned concepts through various practical accounting examples.
Interactive Q&A: Resolving Practical Accounting Queries
Feedback
Rafael Pourgourides
“In every course I attended, they all helped and made sure that I was going to get where I needed to go,”. “From the director all the way to the teachers, they all want you to succeed.”
Andreas Petrou
I couldn’t imagine how much attending the Ethical Hacking course at SCP Academy would help me in my career. After that I asked for more and I knew who could help me. Having also completed the Java and WordPress courses I want to say that learning never stops and this is what SCP Academy has taught me.
Marios Zindilis
SCP Academy was the key for me to open new doors in my career, leading me down paths I would never have thought of. Apart from Knowledge I have been taught to value persistence, to be curious and to focus on specific and timely goals, both in career as well as in life.
Marios Kairinos
I attended my first course in 2015 with the dream of becoming an IT professional. I have registered for the MCSA course and since then I have never stop learning. I have completed successfully the Azure and Office 365 courses which helped me find my dream job. Now I can ask for more and I know who can help me take them.
Evagoras Pourgourides
SCP Academy helped me learn more than I could ever imagine. The courses enriched me with knowledge and professional skills that i use in my job
Alexandros Louca
Following my passion for technology was one of the best decisions I ever made. In SCP Academy I have found and attended courses that advanced my career to the next level.
Giota Achilleos
SCP academy was the key for me to step to success. Regarding the knowledge that I gained from the university the academy offered to me more skills to succeed my goals and my dreams. SCP academy has offered to me professional courses that helped me to start my new career in Malta.
Course Features
- Lectures 0
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Certificate No
- Assessments Yes
