Accounting Essentials for Non-Financial Professionals Event, 11.May.2025

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