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Provided by: NobleProg - IT training courses Finance for Non-Financial Managers Training CourseBudget Management |
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Introduction to Accounting
History and background
What is accounting and finance and why is it important?
Fundamental principles and concepts
Users of financial information
The accounting process
Accounting conventions
The accounting equation
The business model
Assets and liabilities
Capital and revenue
Capital structure and gearing
Debt and equity
Key Financial Statements
The Income statement (Profit and Loss Account)
Balance sheet
Cash flow statement
Structure, layout and content
Underlying principles
Working Capital Management
What it is and why it is important?
Distinction between profit and cash flow
Cash flow forecasting
Nature and Analysis of Costs
Classification of costs
Fixed and variable costs
Contribution
Break-even analysis and the margin of safety
Budget Preparation and Control
The role of budgets in the planning process
Budget preparation
Assessing variances and flexing the budget
Interpretation of Financial Information
What does it all mean making sense of accounting information?
Horizontal, vertical and trend analysis
Ratio analysis
