Interpreting Financials for Non-Finance Professionals (BF298)

Many managers and executives have the responsibility of preparing a budget and also monitoring and managing the financial information for their team or department.

Therefore, it is important for them to understand the basics of accounting and the process to interprete and monitor their financials effectively.

This interactive workshop will help these non-finance executives to learn the components of the Balance Sheet, Income Statement and Cash Flow Statement, and help them understand these financial statements in a simple and effective manner.

Programme Outline:

• Understand basics of accounting
• Users and purpose of financial statements
• Components of Balance Sheet, Income Statement and Cash Flow Statement
• Fundamental Accounting Policies
• Computing and interpreting financial ratios
• Analyse Financial Data and Performance
• Liquidity management and financial options
   

Learning Outcomes:

• Identify the components of a Balance Sheet, Income Statement and Cash Flow Statement
• Apply fundamental accounting policies to understand basics of financial statements
• Analyse financial transactions to determine how they impact the Cash Flow Statement