Description

ABOUT THE COURSE

Learn the basics of accounting for administrative professionals and increase your value.

This five day course will cover the basics of finance including accounting language, key terms, and financial definitions. Learn how to understand financial statement analysis and balance sheet analysis and study annual reports to determine your company's overall condition.

Gain confidence in dealing with financial information. Understand the financial aspect of the business and ensure budgets and expenses stay on track.

Increase your value to your boss and company especially during challenging economic times when financial acumen is expected at every organizational level. An introduction to the fundamentals of accounting for administrative assistants, secretaries, executive secretary and other administrative professionals, this course gives you an understanding of the financial aspects of business to ensure budgets and expenses stay on track.

COURSE OBJECTIVES

On completion of the course, participants will be able to:

•     Explain Basic Accounting Concepts, Terminology and Processes, and the Relevance to a Business Department
•     Explain the Components of an Annual Report
•     Analyze a Set of Financial Statements to Evaluate the Business’ Financial Health
•     Differentiate the Financing Options Available to a Business and Situations Where Each Might Be Used  
•     Learn how to apply the basics of accounting for administrative professionals' duties Understand accounting language, key terms and financial definitions
•     Understand financial statement analysis and balance sheet analysis
•     Study annual reports to determine your company’s overall condition
•     Gain familiarity with the accounting process
•     Assist your manager with the ability to make bottom-line decisions with knowledge of the numbers end of the business
•     Dramatically expand your professional expertise…and open up new career possibilities for yourself.

What You Will Cover: 

• Different methods of cash flow
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• Basic accounting and budgeting
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• Double-entry accounting
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• The annual report and the auditor's role
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• Evaluating a company's financial statements