The aim of this two-day workshop is to provide an overview of financial accounting, the analysis of financial statements, and an introduction to management accounting.
This workshop addresses a technical skill on our Leadership Competencies Framework.
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This workshop provides an overview of the financial accounting process and the reports it generates for shareholders and others. It also explains how management accounting differs from financial accounting and introduces the underlying tools of budgeting, cost behaviour, break-even analysis and reporting to management.
This workshop qualifies for NZ Trade and Enterprise’s Capability Development Voucher Scheme.
This workshop is for non-accountants who seek to improve their understanding of accounting information. It will be invaluable for professionals working in the business, technical or human service areas.
By the end of this workshop, you will be able to:
- understand the fundamental concepts of accounting
- understand the link between budgets and accounting reports
- interpret a set of financial statements
- understand how financial information is used by management in running the business.
- Introduction to accounting and budgets
- Understanding the structure and language of accounting
- 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?
- Cost analysis and breakeven
- Variances from budgets
- "I enjoyed this course as it gave me a good overview of financial accounts. Alan was very approachable and easy to understand."
- "Alan is a great presenter and it is lovely to be taught by somebody with such enthusiasm for his subject."
- "Useful for understanding financial statements within current role."
- "Ideal course for me as a non-accountant."
- "I have learnt more about reading financial accounts."
- "Relaxed and informative."