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Finance for Non Finance

Finance for Non Finance: 2nd July 2023

Training Duration: 5 Days

Practical application through exercises:

  • Excel Exercises

Learning Outcomes

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Understand how everyday transactions impacts an organisations financial performance

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Compare and contrast the difference between Cash vs Accrual accounting

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Discover how Income, Balance Sheet and Cash flow statements are prepared

Perform financial statement analysis

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Understand the budgeting process and key stakeholders of a budgeting process

Course Outlines

  • The accounting equation (A=L+E)
  • Elements of Accounting
  • Main Financial Statements
  • Users of the Financial Statements
  • Format and Purpose of Income Statement
  • Format and Purpose of Balance Sheet
  • Purpose of Financial Statement Analysis
  • Computation and Analysis of different types of Ratios
  • Purpose of Budgeting
  • Approaches and methods of budgeting
  • Process of Creating A Budget
  • Understanding Master Budget