Description
At this course, participants will learn the basic accounting concepts, as well as the financial statements, their relevance and benefits, and how to analyses and interpret financial statements for the purpose of administrative decision-making and financial reporting. The purpose of the course is to enhance the expertise and skills of participants in analyzing financial information, preparing budgets and financial reports, and identifying methods of analysis
Objectives
- What are the core balance sheets (reading the balance sheets)
- Financial analysis as a powerful tool
- Understanding cash flows
- Cash flow analysis
- Financial analysis methods – ratio analysis
- Break-even analysis
- Financial planning and budget preparation