Western Kentucky University

CWD: Courses: Team and Employee Development

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Basic Accounting for Non-Accountants

Session Format:

6 Hours Total (Two 3-Hour Sessions)

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.

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.

 Last Modified 7/22/13