FINANCE
Finance for Non-Financial Professionals
Price:
$49.00 (Incl. GST)
Course Overview
Financial terminology, processes and reports can be difficult to understand if you do not have a financial background. However, if you are accountable for monitoring the financial performance of your department or managing a budget, you must be finance savvy.
This course has therefore been developed to help learners understand the main financial procedures and reports that organisations use.
Key Content
- How funds come into the organisation;
- Why financial transactions and activities must be recorded and reported on;
- The accounting process;
- Source documents;
- Journals;
- The general ledger;
- The chart of accounts;
- Credits and debits in the general ledger;
- The trial balance;
- Financial reports, including the:
- Balance sheet;
- Profit and loss statement;
- Cash flow statement;
- Evaluating financial reports.
Learning Outcomes
At the completion of this course, learners should be able to:
- Identify why the organisation records and reports on their financial activities;
- Discuss the accounting procedures that are used to record and report on the organisation’s financial transactions and activities;
- Define key financial terms;
- Identify the purpose and key aspects of various financial reports.