Financial Administration for Non-Finance Managers and Administrators
By: Chartered Institute of Administration (CIA)
Lagos State, Nigeria
Oct 16 - 17 Oct, 2014
Application of financial accounting skills is necessary in every business transaction. While it is compulsory for accountants to acquire and apply finance and accounting skills, non-finance Managers and Administrators need to understand the basic principles of finance and accounting to facilitate their operations and decisions for sustained results. They need to relate their decisions to financial considerations. This workshop is therefore designed to help participants who have no formal background in finance and accounting to develop an understanding of the essentials of financial administration and apply them in their work situations.
At the end of this workshop, participants will be able to:
- Apply finance and accounting procedures in their work stations;
- Prepare and implement financial budgets;
- Prepare basic financial records;
- Identify costs and cost centres and their relationship to overheads;
- Analyse and interpret basic financial statements; and
- Apply the computer to finance and accounting information processing
Overview of finance and accounting: Principles and procedures of book keeping · Responsibility/stewardship accounting for effective decision making · Cost control, cost reduction and cost benefit analysis · Preparation, Analysis and Interpretation of financial statements for informed decision making
Administrators, Entrepreneurs, Heads of Departments, Executive Managers, Division and Unit Supervisors, Team/Group Leaders
Venue: CIA’s National Secretariat, 78, Old Ojo Road, Kuje-Amuwo, Lagos.