Basic Accounting for Non-Accountants

Introduction

This workshop will give non-accountant personnel practical experiences on the sources and applications of accounting information essential to managerial development. Learning how and why businesses keep track of their finances can help employees, to a degree, understand modern businesses and why they operate the way they do. Six hours total. Two 3-hour sessions.

Objectives

The participant will learn about: (1) the fundamentals of the accounting cycle, (2) financial statements and analysis, (3) ratio analysis, (4) budgeting and other managerial applications of accounting.

Content Outline

Understanding financial statements
The accounting information system
The concept of cash flow strategies
Ratio analysis
Budgeting
Managerial accounting
Decision making
Performance evaluation

Who Should Attend

This seminar is intended for all employees who are not accountants, but want a working knowledge of accounting.