Accounting for Non-Accountants


Understand the terms used and the implications of the reports you are given. This course will cover basic accounting principles and the preparation and interpretation of the trading account, profit and loss account, statements of financial performance, financial position and cash flow.

A certificate is awarded on completion of this course provided you have attained a satisfactory understanding of course content and attended a minimum 75% of course sessions.

Topics
Learn about accounting terms and functions
Understand the difference between debits and credits
Understand double entry accounting
Compile a Profit and Loss statement
Apply appropriate ratios to understand P&L Statements
Compile a Balance Sheet
Apply appropriate ratios to understand P&L Statements
Compile a Cash Flow Statement

Learning Outcomes
By the end of the course, the student will have:
Understood accounting jargon
Understood the double entry accounting principle
Differentiated between the different types of assets, liabilities and equity
Compiled Profit and Loss Statements, Balance Sheets and Cash Flow Statements
Using published sets of accounts, examined the statements and assessed liquidity, solvency, efficiency and profitability of a business

Materials
Pen and Notepad

Please note:
All courses need a minimum number of students to run. If your course does not have enough students it will be cancelled prior to the commencement and you will be informed. For your convenience information about class cancellations or changes are made initially via email and SMS, please ensure these details are correct.

This course has no current classes. Please join the waiting list.