Course Description
This intensive 5-day course is designed for non-financial professionals who need to understand and use financial information in their roles. Participants will gain a solid foundation in accounting principles, financial statement analysis, and budgeting. The course combines theory with practical exercises to ensure immediate application in the workplace.
Learning Objectives
- Understand basic accounting principles and terminology
- Interpret financial statements and key performance indicators
- Develop budgeting and forecasting skills
- Apply financial analysis to support decision-making
- Communicate financial information effectively to stakeholders
Course Modules
Day 1: Introduction to Accounting
- Accounting fundamentals and principles
- The accounting cycle
- Double-entry bookkeeping
- Chart of accounts
Day 2: Financial Statements
- Balance sheet components
- Income statement analysis
- Cash flow statement
- Statement of changes in equity
Day 3: Financial Analysis and Ratios
- Liquidity ratios
- Profitability ratios
- Efficiency ratios
- Leverage ratios
- Interpreting financial ratios
Day 4: Budgeting and Forecasting
- Budgeting principles and techniques
- Creating operating budgets
- Capital budgeting
- Cash flow forecasting
Day 5: Financial Decision-Making
- Cost-volume-profit analysis
- Break-even analysis
- Investment appraisal techniques
- Financial risk management
Practical Wins for Participants
- Ability to read and interpret financial statements confidently
- Skills to create and manage budgets effectively
- Improved decision-making using financial analysis techniques
- Enhanced communication with finance departments and stakeholders
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
