Finance for Non-Finance Managers

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

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