AFNA – Accounting for Non-Accountants

Course Overview

• Accounting For Non Accountants defines accounting and the accounting cycle.
• Identify the major rules and principles of accounting under the International Financial Reporting Standards (IFRS).
• Accounting For Non Accountants demonstrates knowledge of the basic accounting equation and double-entry bookkeeping, and
• touch base with the new automated accounting systems.
• List the key financial statements (balance sheet, income statement, equity and cash flow statement) and their components.

Who Should Attend

• Non-accountants in finance teams.
• Anyone who has to communicate with accountants.
• Anyone wanting a basic understanding of financial reporting.
• Anyone responsible for setting or managing a budget.
• Anyone wanting a broad knowledge of accounting fundamentals to enable them to be more effective.

Course Outline

• Basic What is accounting and how does it support business operations and Accounting terminology
• International Financial Reporting Standards (IFRS)
• Transaction processing cycles and core business operations
• Preparing income statements, balance sheets and cash flow statements
• Reading and interpreting balance sheets to pinpoint business strengths and weaknesses
• Using income and cash flow statements to study operating performance

Career Path

Upon completion of this course you will have an excellent foundation for a role in accounts.