|
Financial Management for Non-Financial Professionals Workshop
NGN 70,000 |
Venue: ABF Enterprest Konsult Limited House, 54 Oba Sekumade (Tos Benson) Road(Along Ogolonto – Ebute Road)Near Ikorodu Sea Port (Ikorodu Lighter Terminal)Ebute Ikorodu, Lagos.
The knowledge and application of fundamental accounting and financial principles and methods is very important for any enterprise to succeed. It is off utmost importance for entrepreneurs, and managers, especially those who lack basic accounting and financial knowledge, to understand principles of accounting and financial management to aid their decision making. Business owners and managers need to understand financial factors critical to business success.
This workshop will equip participants with knowledge and understanding of fundamental accounting principles, preparation of accounting statements, and reports, analysis and application for business decision making.
Learning Objectives
At the end of this workshop, participants will be able to:
- Prepare an enterprise financial statement
- Discuss the relevance of accounting in decision making
- Prepare budgets and cash flow statement
- Analyze financial statements
- Make decisions based on analysis of the financials
Target Audience
- Entrepreneurs
- Managers and Supervisors
- Sales and marketing executives
- Project professionals
- Individuals in departments other than Finance or Account
Training Methodology
Training that will be deployed include lectures, discussions, exercises and syndicate work. Audio visual aids will be used to reinforce learning.
Programme Outline
- General Overview of Accounting and Finance
- Accounting terminologies
- Principles of Book Keeping
- The double entry accounting system
- Preparation of financial statements - Income Statement and Balance Sheet
- Cash Flow Statement
- Budgeting and Budgetary Control
- Accounting conventions and standards (IFRS)
- The key elements of published Annual Financial Reports (AFR)
- Techniques for interpreting the Financial Statements - Ratio Analysis, etc
- Predicting business failure with ratios and other key indicators
- Management Accounting – the Internal Perspective
- The importance of cost analysis – materials, labour and Overheads
- Cost-volume-profit (CVP) analysis and the break-even point
- Standard costing and variance analysis
- Financing principles, short-term versus long-term, debt versus equity
ABF Enterprest Konsult Limited House, 54 Oba Sekumade (Tos Benson) Road(Along Ogolonto – Ebute Road)Near Ikorodu Sea Port (Ikorodu Lighter Terminal)Ebute Ikorodu, Lagos. | Oct 15 - 17 Oct, 2018 |
Class Session: 09:00:am - 04:30:am
NGN 70,000.00 | |
Mr. Sunday Adubi 08074257879