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.
- Understanding Financial Statements
- Financial Statement Analysis
- Budgeting Essentials
- Cost Management Principles
- Financial Decision-Making
- Risk Assessment and Management
- Communication of Financial Information
- 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
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- Lectures 0
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Certificate No
- Assessments Yes