ACOUNTING

Course Desscription

PROFIT/LOSS ( INCOME STATEMENT)
This course focuses on helping participants understand an income statement. It is particularly helpful for owner-managers and entrepreneurs, or for managers in a business who want to understand the key financial drivers in the organisation where their work. By the end of the course, participants should be able to:
-Learn how to use financial template and software that auto calculate and  prepare financial statement with easy
- Understand how their company generates revenue
- Understand the difference between income generating expenses and overheads, identify expenses that could be reduced in their business or department
- Understand the different levels of profits and profitability
- Understand non-cash expenses and why they
are important
Balance Sheet (Financial Position)
This course helps participants navigate a balance sheet. Like the income statement module, it is critical for entrepreneurs, but also for managers who want to understand the financial building blocks of the organisation where they work. By the end of the

course, participants should be able to:
- Understand how a balance sheet works
- Understand the asset side of a balance sheet
and identify the assets in their own business
- Understand how liabilities fund assets and
identify the liabilities in their own business (or
potential sources of funding)

CASH FLOW STATEMENT

This is a critical course that helps entrepreneurs and managers understand how to manage cash-flow,
whether in a business or a department. By the end of course, participants should be able to:
- Understand how a company uses cash to operate and identify the main operating activities of their own company
- Understand how cash is invested and used to finance assets
- Build a cash-flow forecast