Accounting is often called the language of business; it is the language that managers use to communicate the firm's financial and economic information to external parties such as shareholders and creditors. Nobody working in business can afford financial illiteracy.
The story of any company, no matter the size, the industry, or the country of origin, is told through its financial records and reports. Income, debt, revenue versus expenses, compensation, and cost of retaining customers can all be found on financial statements.
Even for non-financial managers, there comes a point you have to provide financial justification for what you're doing, and you have to make decisions based on numbers that come from other people. If you don't know what you're looking at, and you don't know the right questions to ask, your effectiveness is diminished.
This popular Anderson training course will introduce you to the language of finance and accounting, and help you understand the systems and procedures of accounting systems used by business enterprises.
By attending this Anderson training course, delegates will be able to:
- Be aware of how financial markets can support efficient business operations
- Read and understand annual financial reports, and be aware of how they are prepared
- Understand how business accounting systems work
- Identify and appraise wealth-generating investments
- Apply a range of management accounting techniques to maintain or improve profitability
This Anderson training course is suitable to a wide range of professionals but will greatly benefit:
- Financial and business advisors
- Business entrepreneurs
- Members of the operational management team
- Those who are starting their careers in finance and accounting
- Non-executive board members on the Audit Committee