Course overview

This Introductory course in accounting for non-accountant will provides an understanding of the basic principles of accounting as used in general business.

The areas covered will provide a basis for a proper understanding of accounting in the business environment as well as the public sector; coverage will include but not be limited to the accounting information system, comprehensive financial statements preparation and analysis.

Course objective

• Analyse business performance
• To be able to define accounting and explain its purpose.
• To be able to process a full range of financial transactions using double entry accounting.
• To understand and apply all major aspects of the accounting cycle including the preparation of year-end financial statements, understand and interpret actual financial statements of real-world businesses.
• To understand the principle of accrual accounting and how this is used in real life.
• Use skills developed in the class to compose and interpret real-world financial statements.
• Apply knowledge acquired to interpret financial statements in a job context

Who should attend?

Professionals who have accountability or exposure to budgets and other internal financial reports, entrepreneurs, administrators, and those considering jobs in accounting-related fields will gain an understanding of accounting practices and the technical language used by accountants

Course outline

• The Basics
• How To Interpret Accounts and Financial Statement Analysis
• Planning for Profit
• Budgeting in Today’s Competitive Business

Training methodology

• Presentation & Slides
• Audio Visual Aids
• Interactive Discussion
• Participatory Exercise
• Action Learning
• Class Activities
• Case Studies
• Workshops
• Games & Role plays