How to Speak Accounting
Where are they getting those numbers? If you've
ever asked that question, you need Accounting 101!
Become familiar with common accounting concepts
and buzzwords used by accounting insiders, all in just a few hours. You'll
develop a baseline of financial understanding...clear up any confusion between
different kinds of financial statements...and identify their purpose and
relation to each other.
You'll also gain an understanding of the accounting process, from recording the
dollar impact of business decisions to the preparation of the resulting
financial reports. Plus come away with the ability to converse with the finance
people intelligently and grasp the all-important numbers side of the business.
- Understanding the accounting equation and the
relationship among its components
- Learning how various business transactions
affect financial statements
- Describing accrual basis accounting and
differentiating between accounting profit and cash flow
- Describe the purpose of and terminology
associated with the following financial statements: income statement or profit
and loss statement (P&L), balance sheet, statement of retained earnings and
cash flow statement
This program is designed for non-financial
managers in every functional area of responsibility in all industries.
Live Online Training Time: 2 1/2 hours