Course Info

Length: 2 Weeks

Type: Online

Available Dates

Fees

  • Oct-14-2024

    3,100

  • Nov-11-2024

    3,100

  • Dec-09-2024

    3,100

Course Details

Course Outline

10 days course

 

The Cash Budget

 

  • Why should managers understand accounting?
  • Accounting concepts
  • Timings of receipts and payments
  • Calculation of the gross profit and gross profit margin

 

Budgets and Performance Management

 

  • Responsibility centres
  • The controllability principle
  • Profit-related performance measurement
  • Standard costing and variance analysis
  • Performance management in investment centres
  • Non-financial performance indicators
  • The balanced scorecard
  • Performance measurement in not-for-profit organisations
  • External influences on performance

 

Introduction to the Statement of Profit and Loss

 

  • Measuring profit
  • Double-entry bookkeeping
  • Types of account
  • Trial balance
  • Capital versus revenue expenditure/income
  • Calculating the cost of sales

 

Balancing the Basics
 
  • Assets and liabilities
  • The statement of financial position
  • Accruals and prepayments

 

Accounting for Depreciation and Bad Debts

 

  • The straight-line method
  • The reducing-balance method
  • Disposals of non-current assets
  • Bad and doubtful debts
  • Uses and limitations of the statement of financial position

 

Company Finance

 

  • The nature of limited companies
  • Share capital
  • The stock exchange
  • Venture capital
  • Loan capital and debentures
  • Retained profits
  • Reporting requirements

 

Company Accounts
 
  • The statement of profit or loss
  • The statement of changes in equity
  • The statement of financial position
  • Intangible assets
  • Revaluing assets
  • The statement of comprehensive income
  • Corporate governance

 

The Statement of Cash Flows

 

  • Sources of cash flow
  • Non-current assets and the statement of cash flows
  • Movements in working capital
  • Tax, interest, and dividends
  • What to look for in a statement of cash flows
  • Managing cash

 

Interpreting Financial Statements

 

  • Ratio analysis
  • The pyramid of ratios
  • Probability ratios
  • Liquidity ratios
  • Control of working capital
  • The working capital cycle

 

Capital Structure and Investment Ratios
 
  • Capital structure
  • Investment ratios
  • Limitations of ratio analysis

Course Video