- Certificate of completion - Free
Accounting for Non-accountants
Online introductory course teaching the basics of the subject
iQualify UK Ltd
Summary
Overview
The course has been developed around the essential elements of accounting and finance, but specifically has an emphasis on performance and decision making. It is intended to provide a good understanding of accounting for non-accountants. It explores a number of accounting and finance initiatives that help us as managers in our decision making especially as we strive to attain the performance that is expected for the organisation.
It helps you develop an understanding of accounting and finance by showing both the differences between the two as well as their scope and limitations. In doing so, you will hopefully see that the lines of demarcation between the two strands are being continuously minimised to the extent that in the current business context both finance and accounting are almost merged in their use. The course has an emphasis on performance: both its measurement as well as issues around its production. The course will also cover the more qualitative aspects of accounting within such areas as, for example, capital investment appraisal, as well as some emerging issues for accounting and finance.
Certificates
Certificate of completion
Digital certificate - Included
Course media
Description
Content
The course consists of nine substantive (one hour) sessions and one revision session:
- Introduction
- Cost Volume Profit (CVP) relationships and interpreting financial statements
- The nature of CVP relationships in order to make decisions on maximising resources
- The nature of costs
- The changing world of budgets and budgeting
- Management control
- The nature of capital investment decisions and why they are so important
- The value added approach
- Revision of the main themes
- Revision
By the end of the course you should be able to:
- Describe the differences between financial and management accounting
- Examine the use of the profit and loss and balance sheets along with understanding theirrelationship to one another
- Outline the nature and importance of cash as the important resource of the firm
- Identify the differing needs within various operational contexts for ratio analysis
- Describe the wider purpose and operational context of budgets in the current business environment, including the Capital markets
- Use the various financial techniques involved in investment appraisal
- Identify appropriate methods to adopt for overhead cost recovery including activity-based costing
- Explain the wider purpose and operational context of management control, including the importance of the outside operational environment and its evolution to a focus on performance
Who is this course for?
The course is intended for directors and managers of private, not for profit and public sector organisations who do not work in finance or accounting but who want to understand the subject.
Requirements
There are no entry requirements, although you should have a reasonable level of English and Mathematics.
Career path
Anyone who wants to understand and learn about accounting and finance to help them in their day to day work and long term career development.
Questions and answers
I would like to inquire if you provide in house training for this course? We have around 10 employees who are interested in this course. Kind Regards
Answer:Hi Thank you for your enquiry. The Accounting for Non-accountants course is delivered online, and so it can be studied by anyone at any time (provided they have internet access), and there is no minimum or maximum number of students. Best regards Ian Fraser
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
FAQs
Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy's trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2024. All rights reserved.