Accounting Finance for Non-Financial Professionals using QuickBooks

Posted By : User Ref No: WURUR72128 0
  • Image
  • TypeTraining or Development Class
  • Image
  • Location Nairobi, Kenya
  • Price
  • Date 22-02-2021 - 26-02-2021
Training or Development Class Title
Accounting Finance for Non-Financial Professionals using QuickBooks
Event Type
Training or Development Class
Training or Development Class Date
22-02-2021 to 26-02-2021
Last Date for Applying
15-02-2021
Location
Nairobi, Kenya
Organization Name / Organize By
FineResults Research Services
Organizing/Related Departments
FineResults Research Services
Organization Type
Organization
Training or Development ClassCategory
Both (Technical & Non Technical)
Training or Development ClassLevel
All (State/Province/Region, National & International)
Related Industries

Education/Teaching/Training/Development

Research/Science

Business Development

Accounting/Financial/Banking/Insurance

Location
Nairobi, Kenya

 

FineResults Research Services invites you to training on:

Accounting Finance for Non-Financial Professionals using QuickBooks

DATE: 22nd to 26th February 2021

COST: USD 800 Or Ksh 65000

REGISTER TO ATTEND

INTRODUCTION

Non finance professionals often feel that their finance professionals counterparts speak a completely different language than theirs. Accounting and Finance for Non-Financial Professionals training course has been developed for precisely this reason. No one in business will succeed if they are not financially literate – and no business will succeed without financially-literate people. Accounting and Finance for Non-Financial Professionals, is considered as a must for anyone taking up employment in business or administration. This course is designed to give participants a great grounding in accounting and how it can contribute to effective management through using accounting and finance information in supporting financial analysis, valuation, and decision making in various contexts.

 

DURATION

5 Days

 

COURSE OBJECTIVES:

During this training course participants will enrich their understanding on the following:

• Overcome the barrier of the accountants’ strange language

• Improve their understanding of your organization’s finance function

• Understanding the content of, and relationships between, primary financial statements (income statement and balance sheet)

• Radically improving their planning, controlling and budgeting skills

• Be much more aware of the impact of their decisions on the performance of your organization

• Identifying the main sources of finance available to a business

• Identifying the main elements of working capital

• Using comparative ratio analysis to pinpoint areas of concern

 

COURSE OUTLINE

Module 1 - Introduction to Accounting and Finance

What are accounting and finance

How are the users of accounting information?

Why do I need to know anything about accounting and finance?

Accounting as information system

Financial accounting and management accounting

How is business managed?

What needs to be accounted for in the context of a business model?

Key accounting concepts

Assets, liabilities and equity

Accounting equation

How does the value of capital change

The Accounting cycle

Accounting Policies and Underlying Assumptions

Examples, Problems and Illustrative Case Studies

 

Module 2 - Measuring and Reporting Financial Position and Financial Performance

The major financial statements- an overview

The statement of financial position (balance sheet)

Current assets and liabilities

Inventory / Stock

Receivables

Payables

Non-current assets

Property, plant and equipment

Depreciation

Intangible assets

Patents and licences

Goodwill (introduction to group accounts)

Amortisation and impairment

Income Statement (the Statement of Financial Performance)

Recognizing revenue

Recognizing expenses

Examples, Problems and Illustrative Case Studies

 

Module 3 - Planning and Controlling - Costing and Budgeting

Understanding cost structure and behaviour

Costs as a relationship to outputs – cost / volume / price relationship

Fixed costs vs variable costs

The concept of contribution margin

Break-even analysis for planning and control

Nature and purpose of budgets for planning and control

Types of budgets and budgeting

Budgetary control and variance analysis

Budgeting for non-financial measures – Key Performance Indicators and the Balanced Scorecard

Examples, Problems and Illustrative Case Studies

 

Module 4 - Financing a Business and Making Investment Decisions

Source of finance

Sources of internal finance

Sources of external finance

Long-term vs short-term borrowing

Financing decisions

Debt vs equity

Types of share and share issues

The nature of investment decisions

Investment appraisal methods

Accounting rate of return (ARR)

Payback period (PP)

Nets present value (NPV)

Why NPV is better

Internal rate of return (IRR)

Examples, Problems and Illustrative Case Studies

 

Module 5 - Accounting Information and Financial Analysis

Identifying key success factors in an industry sector

The analysis framework

Profitability

Growth

Margins

Earnings per share

Efficiency

Working Capital Days

Cash Cycle

Short Term Financing

Return Ratios

Liquidity

Current Ratio

Quick Ratio

Interest Cover

Solvency

Gearing

Leverage

Investor Ratios

Dividend Yield

Total Shareholder Return

TRAINING CUSTOMIZATION

This training can also be customized for your institution upon request. You can also have it delivered your preferred location. For further inquiries, please contact us through Mobile: +254 759 285 295. You can also email us on: [email protected]

 

REQUIREMENTS

Participants should be reasonably proficient in English. During the trainings, participants should come with their own laptops.

 

TRAINING FEE

The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

 

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact us through Mobile: +254 759 285 295 or Email: [email protected]

 

PAYMENT

Payment should be transferred to FineResults Research Services bank  account before commencement of training. Send proof of payment through the email: [email protected]

 

CANCELLATION POLICY

  • All requests for cancellations must be received in writing.
  • Changes will become effective on the date of written confirmation being received.

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Registration Fees
Not Mention
Registration Ways
Email
Phone
Website
Other
Address/Venue
  FineResults Research Services Training Center 
Official Email ID
Contact
Edith Warigia

[email protected]

   +254 759 285 295