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Accounting Concepts For Non Finance Personnel (M100) Programme Benefits Participants without accounting knowledge will be able to read and understand financial statements and apply the knowledge in credit analysis upon completion of this programme. Programme Highlights Acquire foundation knowledge of accounting principles necessary for financial statement analysis. Learn how the various generally accepted accounting practices may impact or distort the financial position of a company. Target Audience For staff who need to have essential knowledge about financial statements. |
Programme Outline Overview of financial accounting Key accounting concepts Accounting for value Organisation and contents of a balance sheet - Assets and their measurement - Analysis of Current Assets - Analysis of Long Term Assets - Analysis of Intangibles - Liabilities and their measurement - Net worth Organisation and contents of the profit & loss statement - Impact of Income measurement due to: - Cost concepts - how it impact the financial results - Inventory cost and its impact on profitability Concept of profit - Matching concept - Cash flow vs. profit Limitation of financial statements Duration: 1 day |