ΠΕΡΙΓΡΑΦΗ

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.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

1. Understanding Financial Statements
2. Financial Statement Analysis
3. Budgeting Essentials
4. Cost Management Principles
5. Financial Decision-Making
6. Risk Assessment and Management
7. Communication of Financial Information

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Department Managers
• Project Managers
• Marketing and Sales Professionals
• Human Resources Managers
• Operations Managers

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Course Outline

• 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

Course Benefits

• Online participation in all modules of first-class training
• Module recordings in your personal account (6 months access)
• Personal Certificate at the end of the course