This course provides an overview of financial accounting and the analysis of financial statements. The objectives of the course are to enable you to understand and use financial statements, to appreciate their limitations and to understand the forces that influence their content.

Non-accountants who seek to improve their understanding of accounting information. The course will be invaluable for professionals working in the business, technical or human service areas.

By the end of this course, you will have an understanding of:

• fundamental accounting concepts
• the link between budgets and accounting reports
• how to interpret a set of financial statements.

• Introduction to accounting and budgets
• Understanding the accounting equation
• Fundamental accounting concepts
• The balance sheet/statement of financial position – what does it tell us?
• The income statement/statement of financial performance – what does it tell us about profitability?
• Cash flow statements – what purpose do they serve?