Finance - The Basics

Price Code: B

This event will help to demystify accounting and finance in business. It will provide a broad understanding of basic accounting and finance. Areas covered will include why financial records are maintained, the importance of accounting systems, financial terminology, an overview of the financial statements, why “cash is king” and the budgeting and planning cycle.

Participants will learn about:

Debits and credits
Accounting ledgers and systems
The Trial Balance

Preparation of accounts
Financial Statements:

• Profit and Loss

• Balance Sheet

• Notes to the Accounts

• Accounting Policies

“Cash is king” – the difference between profit and cash
Budgeting, planning and control
Other accounting transactions

This programme is aimed at:

Business owners, managers, professionals and support staff who would like to understand more about basic accounting and finance and how they function within business.

This is an ideal introductory course for those wishing to undertake Finance for Non Finance Managers.