Financial Fundamentals for Non-Financial People: The ABCs of Finance
Details
"You don't have to be a finance expert to be financially aware."
Financial awareness is the understanding of various financial concepts, including financial statements, payroll, budgeting, and Auditing. It is an essential skill that everyone should possess, regardless of their profession or financial situation. Financial awareness helps individuals make informed financial decisions and avoid financial pitfalls.
Attending our Financial Fundamentals for Non-Financial People workshop is an excellent way for non-financial professionals to gain financial knowledge and awareness and provide individuals with the knowledge and skills needed to make informed financial decisions, manage finances effectively, and reduce financial stress.
Outline
LEARNING OUTCOMES:
- Understand the basic principles of finance, including accounting, budgeting, and financial analysis.
- Learn how to read and interpret financial statements, such as balance sheets, income statements, and cash flow statements.
- Understand the basic financial and accounting terminology.
- Identify the differences between the cash and accrual accounting methods.
- Keep track of your business by becoming familiar with accounts payable and accounts receivable.
- Use a journal and general ledger to document business financials.
- Utilize the balance sheet.
- Identify different types of financial statements.
- Uncover the reasons for and actually create a budget.
- Be familiar with internal and external auditing.
Speaker/s
Special Offer
SMART Management Training and Consultancy is a UK work-based training provider. We specialize in providing high-quality training and development opportunities aimed at individuals and corporates across the Gulf and Africa (UAE, GCC and Africa).
We're a tight knit team of Training Professionals. We always put our customers first and never stop until we are completely satisfied that we have done THE VERY BEST JOB possible. We're dynamic, creative and hardworking. Customer care is extremely important to us.
SMART Management Training and Consultancy delivers public and onsite courses as well as customized courses for any organizations's specific needs. Attendees receive high-quality training designed to implement programmes using proven techniques. Each year our training programmes help thousands of professionals both in the GCC and internationally.
After attending a course, attendees are able to immediately implement practices and put the information learned into action. Our course attendees are able to take the knowledge gained beyond the classroom into everyday work situations.
Who are our trainers?
Because we focus on the critical aspects of thinking skills, we are able to use a range of trainers who are specialists in this area of work. Our criteria for selecting trainers is straightforward. ...
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