Non-accountants are often puzzled why they are required to take a course in accounting, and even more so when they have to take a demanding examination at the end of it. The fact is that these days, no matter what your job, you need to have some knowledge of accounting matters. The main reason for this is that for different specialists to talk to each other they have to speak in a language that everyone understands. In business (in its widest sense) that language is money and that happens to be the accountants’ language. The use of a common language enables all the various activities that take place within a business to be translated into monetary terms and for all reports to be prepared on the same basis. So if you need to know what is going on in other departments (as you almost certainly will) you will find it much easier if you speak the language of accounting. 

Who should attend? 

Managers, supervisors and staff from any function including the accounting department who need to improve their understanding, application and techniques of the language of numbers.  

How attendees will benefit? 

After completion of the programme, delegates will be able to: 

• Define accounting and the accounting cycle 
• Identify the major rules and principles of accounting under the International Financial Reporting Standards (IFRS) 
• Demonstrate knowledge of the basic accounting equation, double-entry bookkeeping, and the new automated accounting systems 
• List the key financial statements (balance sheet, income statement, changes in shareholders’ equity and cash flow statement) and their components 
• Practice financial statements’ adjustments at month and year-end 

• Introducing accounting and financial statements 
• International financial reporting standards 
• Double-entry accounting 
• Income statements 
• Net equity 
• The balance sheet and its components 
• Cash flow statement 
• Adjustments to financial statements