Course description
Finance for Non-Finance Workshop
Proper knowledge of financial procedures and management is necessary for any working professional nowadays. From a project manager to any technical worker they need to know and contribute to the financial system and procedures. Many of us do study finance as part of the regular education, but a refresher workshop on practical issues revitalizes the knowledge.
Upcoming start dates
Who should attend?
Who Should Attend
This workshop is designed for: board of directors, head of departments, project managers, Supervisors and section heads.
Training content
- Basics of Accounting
- Common definitions and jargons in accounting
- Accrual versus cash
- Types of Accounts
- Income statement
- Major Accounts
- Assets, Liabilities and Equity
- Balance sheet
- Cash flows
- Profit and its difference with cash
- Costs and expenses
- Direct costs and indirect costs
- Time value of money
- Reading a financial statement
- Interpretation of the financial statement is to reflect business sustainability and profitability
- Basic principles of appraisal
- Budgets
- Types of budgets
Certification / Credits
- Identify different types of costs
- Define the role of finance
- What is accounting and what are main accounts
- How financial statements are prepared
- Difference between profit and cash
- What is important in numbers (of a financial statement)
- Financial Report – a report by numbers
- Analyze financial statements
- Evaluate the financial feasibility of a project
- Budget types and how to prepare a budget
Quick stats about Convertas?
Founded in 2006
12 Specialized trainers
100% of happy clients
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Convertas Management Consultants
CONVERTAS offers a series of specialized training services across all areas of business, helping employees develop and increase their skills. Our highly qualified trainers through our specifically designed courses and workshops, as well as our innovative training methodology, will provide...