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Personal Development
Finance for Non-Finance Managers

Course start date:10-Nov-2008
Duration:1 Day
Price: $495.00 Inc GST

Overview

In this course, students will learn to budget and make sound financial decisions by analysing financial statements, setting objectives, and monitoring performance. Students will also learn how to understand advance financial concepts to make sound fiscal decisions.

Course Outline
MODULE I
Lesson 1: Basics of accounting
  • Accounting
  • Key accounting terms
Lesson 2: Accounting cycle
  • Basics of the accounting cycle
  • Analyse, record, and post transactions
  • Trial Balance
Lesson 3: Income Statement
  • Income statement basics
  • Prepare and interpret an Income Statement
Lesson 4: Balance Sheet
  • Balance Sheet basics
  • Prepare Balance Sheets
  • Interpret Balance Sheets
Lesson 5: Other financial statements
  • Cash Flow Statement
  • Statement of Stockholders' Equity
Lesson 6: Budgeting
  • Fundamentals of budgeting
  • Analyse financial statements
  • Set objectives
  • Monitor performance
MODULE II
Lesson 1: Cash management
  • Fundamentals of cash
  • Bank reconciliation
  • Maintaining control of cash
Lesson 2: Analysis of financial statements
  • Importance of analysing statements
  • Ratio analysis of a Balance Sheet
Lesson 3: Analysis of Income Statements
  • Income statement basics
  • Prepare and interpret an Income Statement
Lesson 4: Inventory and depreciation
  • Basics of inventory and depreciation
  • Inventory costing methods
  • Depreciation methods
Lesson 5: Application of accounting methods
  • Calculate inventory
  • Calculate depreciation
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Forsythes IT & Training provides instructor led computer training on the Microsoft Office and Adobe range of applications.
We service Newcastle, the Hunter Valley, Lake Macquarie and the Central and Northern Coasts of New South Wales (NSW) Australia. With our mobile training room we can provide a range of courses on-site at your premises.

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