Introduction
Course Overview
This course simplifies financial accounting concepts for non-financial professionals, equipping participants with essential skills to interpret financial statements, analyze performance, and make informed business decisions with confidence.
Course Objectives
The objective of this course is to:
- Provide participants with the knowledge and skills required to analyse financial information for decision making.
Course Outcomes
At the end of this training programme, course participants shall be able to:
- Explain key accounting principles and terminology;
- Interpret balance sheets, income statements and cashflow reports;
- Apply basic financial ratios for performance evaluation;
- Link financial information to business decisions;
- Communicate effectively using financial data.
Course Outline
1) Key Accounting Principles and Terminology
2) Balance Sheets, Income Statements and Cashflow Reports
3) Financial Performance Evaluation
4) Decision Making Using Financial Information
5) Communicating Financial Information.
Participants' Profile/Target Group
Participant’s profile or target groups are Managers, Engineers, and other suitably qualified personnel who use financial information in decision making.