Finance and Accounts for Non-Financial Professionals Training
Details
- Explain the purpose of the three key financial statements ‘Income Statement, Statement of Financial Position, and Cash Flow Statement’.
- Evaluate the performance and position of an organization by analyzing their Annual Financial Report.
- Apply the management accounting procedures & techniques of ‘product costing, cost-volume-profit analysis, budgeting, & variance analysis.
- Apply a range of investment appraisal techniques to determine whether proposed investments are likely to be worthwhile.
- Demonstrate a range of methods, tools and techniques available to manage financial risks in multinational organizations.
Outline
Business Organizations, Sources of Finance, the Finance Function
- The development of business organizations
- The role of Finance and the Finance Function
- Sources and types of finance for business organizations
The Annual Financial Report
- The purpose and format of the Annual Financial Report (AFR), prepared according to IFRS.
- The financial and non-financial elements of the AFR
Management Accounting
- Understanding the difference between management accounting and financial accounting
- Calculating the cost of our products and the problem of overheads (indirect costs)
- Overhead apportionment – absorption costing versus Activity Based Costing
Investment Appraisal
- The time value of money – future values and present values, perpetuities and growth
Treasury and Risk Management
- Interest rate risk
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Speaker/s
Special Offer
Schedules
Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.