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You will learn about the accounting processes of recording and reporting business transactions, and how these are summarised as periodic financial reports in accordance with statutory requirements. You will also learn how these financial reports are analysed by a variety of user groups.
Business professionals and managers in any organization rely upon financial information to enable them to effectively undertake their roles. Financial information can provide a clear picture of events that have occurred, and a sound basis for forecasting future events. It can also show whether activities are cost-effective, whether targets have been met and can be used to measure comparative performance and profitability.
It is vitally important that managers are able to understand, interpret, and utilize financial information and reports, and can acquire the knowledge and skills to apply financial techniques to financial data, to inform logical and worthwhile decision-making.
This ICL training course will feature:
By the end of this training course, participants will be able to:
This Bootcamp training course will develop and reinforce delegate’s practical skills, and abilities in understanding and applying financial information and techniques. Delegates will be provided with high quality, comprehensive, but accessible course notes. This will ensure that they are well prepared to become actively involved with the course and to work effectively as individuals and in teams, on the teamwork exercises in each topic area, supported by help and advice by the trainer.
This ICL training course is designed for those non-financial staff who have a significant role in ensuring the success of their organization. These could include professionals in the areas of:
This training course would also be useful for consultants and advisors who work with business organizations, such as bankers and lawyers, and non-executive directors.