Accounting for non accountant (ANA)

Course details

The ability to understand the financial implications of business decisions is essential for both individual and organizational success. This program gives a comprehensive overview of the financial and accounting concepts that every manager and executive needs to know in order to make better business decisions, and advance your career. Attend this fast-paced and highly-interactive program and you will dramatically improve your financial knowledge and skills. You will learn how to apply financial concepts to enhance strategies while at the same time enhancing your value to the organization.

This program requires little or no previous experience in the fields of accounting and finance. It is designed for non-financial and non-accounting professionals who want to better understand the “language of business” and better communicate with financial professionals within their organization.

Program Benefits

1. Understand major financial, and accounting concepts
2. Read financial statements and understand their structure and content, and their interrelationships
3. Analyze, apply and interpret financial statements
4. Be familiar with the technique of Journalizing
5. Appreciate and understand the concept of appreciation and allocation of costs
6. Be familiar with accounting for merchandising operations
7.  Understand the building block of the owner’s investments
8. Be familiar with the various transaction processes
9. Value bonds and understand how bonds are used in a corporate setting
10. Understand the various types of stock/inventory costing/valuation methods; e.g., FIFO, LIFO, AVCO, etc.
11. Understand the concept of the owner’s equity