In this course, students will learn to budget and make sound financial decisions by
analysing financial statements, setting objectives, and monitoring performance. Students will also
learn how to understand advance financial concepts to make sound fiscal decisions.
Course Outline
MODULE I Lesson 1: Basics of accounting
Accounting
Key accounting terms
Lesson 2: Accounting cycle
Basics of the accounting cycle
Analyse, record, and post transactions
Trial Balance
Lesson 3: Income Statement
Income statement basics
Prepare and interpret an Income Statement
Lesson 4: Balance Sheet
Balance Sheet basics
Prepare Balance Sheets
Interpret Balance Sheets
Lesson 5: Other financial statements
Cash Flow Statement
Statement of Stockholders' Equity
Lesson 6: Budgeting
Fundamentals of budgeting
Analyse financial statements
Set objectives
Monitor performance
MODULE II Lesson 1: Cash management
Fundamentals of cash
Bank reconciliation
Maintaining control of cash
Lesson 2: Analysis of financial statements
Importance of analysing statements
Ratio analysis of a Balance Sheet
Lesson 3: Analysis of Income Statements
Income statement basics
Prepare and interpret an Income Statement
Lesson 4: Inventory and depreciation
Basics of inventory and depreciation
Inventory costing methods
Depreciation methods
Lesson 5: Application of accounting methods
Calculate inventory
Calculate depreciation
Forsythes Training provides instructor led computer training on the Microsoft Office and Adobe range of applications. We service Newcastle, the Hunter Valley, Lake Macquarie and the Central and Northern Coasts of New South Wales (NSW) Australia.With our mobile training room we can provide a range of courses on-site at your premises.