Accounting and Finance for Managers
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Course Details
- Introduction
- Objective
- Who should attend
The managers need sufficient knowledge of accounting to interpret a company’s financial statements and make key business decisions. The Accounting for Managers course describes how accounting transactions are compiled into financial statements and how information about company performance can be extracted from those statements. It also addresses decisions in such areas as sales and marketing, human resources, and acquisitions that are impacted by accounting information.
The course will teach you several tools, including target costing and constraint analysis, which can be used to improve upon business decisions. In short, this course is the ideal toolkits for understanding how accounting information can be used to drive business decisions.
The objective of this course is to teach you how to speak the language of accounting. It will not train you to become an accountant, but it will provide you with enough knowledge in understanding how accounting is done within a business. This will complement your core business skills and other talents.
Course Outline
Introduction to Accounting
- The two forms of accounting: financial accounting and management accounting
- The regulatory and conceptual framework
- Qualitative characteristics of useful financial information
- Types of business entity
- The annual report and financial statements
Course Video