Course details

This training workshop is designed for individuals without an accounting background but who need to understand and appreciate how business transactions are recorded, summarized, and interpreted for commercial decision-making purposes.

Agenda:

  • Finance and its purpose
  • Whose are interested in our organization's financial information
  • The principles of finance and their importance
  • The three main financial statements
    1. The balance sheet
    2. The profit and loss statement
    3. The budget
  • Ways to Increase our profit

Workshop Benefits:

  • Explain what is finance and state its purpose
  • State the main stakeholders who are interested in the organization’s financial information and explain why it is important for them
  • Define the three main accounting statements
  • List six principles of finance and explain why they are important
  • Explain the components Balance Sheet
  • Practice composing a Balance Sheet for a company
  • Explain the components of the company Profit and Loss Statement
  • Explain the components of Departmental Budgets
  • Practice composing a Departmental Profit and Loss Statement
Updated on 08 November, 2015

About Standards HRC

Since its founding in 2008, Standards Consultants has become one of the leading organizations in Human Restheirces and Business Management Consultancy and in Training and Development fields in the MENA region with its Headquarters in Beirut, Lebanon, and offices in Kuwait city.they, at STANDARDS Consultants, believe that work must be done today to achieve a better tomorrow. they look ahead, understand the local and global markets, and study all trends and forces that shape the business world. That’s what their Vision is all about; a long-term destination where they can exceed their customers’ expectations.

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