Event Details
On successful completion of the course participants will be able to:
- Demonstrate knowledge of the main principles behind the preparation and interpretation of financial statements;
- Analyse the cash flow, financial performance and financial position of a business using published financial statements;
- Explain the ways in which accounting contributes to management decision making;
- Apply cost-volume-profit analysis;
- Apply cost accounting concepts in decision making;
- Construct and analyse budgets;
- Demonstrate knowledge of the application of capital budgeting methods;
CONTENT
- Introduction to Accounting
- Measuring and Reporting Financial Position, Financial Performance and Cash Flow
- Analysis and Interpretation of Financial Statements
- Cost Volume Profit Analysis, Marginal Analysis and Costing
- Costing and pricing in an entity
- Budgeting
- Capital Investment Decisions
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.