Introduction:
This Accounting for Non-Accountants training provides a comprehensive introduction to the role of accounting in supporting and informing all business decisions throughout the organization.
It is designed for those who access, use, and rely upon accounting information, but do not have accounting training or background. This course will give you access to the world of accounting, from basic principles, using plain language.
Accounting for Non-Accountants focuses on accounting concepts and processes. By establishing a foundation of knowledge of the accounting process, participants will be better equipped to understand financial reports and how these reports enhance knowledge to enable better informed management decisions.
The articulation of various processes in the accounting cycle for both service and merchandising businesses will be undertaken and competencies especially in the use of account titles, the recording of various business transactions and the preparation of the financial statements will be learned. This course is being offered so that the various users particularly owners, creditors and managers will analyze and evaluate how transactions affect the financial position, operating results, and cash flow of the firm, and how these transactions are eventually represented in the financial statements.
Those who attend this training will gain a clear understanding of the structures of the accounting system, the information it contains, and how it can be accessed. You will learn, from numerous practical examples and illustrations, how the information on business transactions and activities, input to the accounting system is used throughout the organization. You will understand how accounting provides essential support to routine operations, decision making, and effective business control.
Course Objectives:
By the end of the course, participants will be able to: