You will learn, understand and be able to prepare and read all financial statements and interpret financial reports, budgets and cashflow forecasts. Knowledge of accounting as it applies to business improvement, efficiency and effectiveness. Inventory management, pricing and benchmarking measures will also be learned.
What you will be able to do
• Be able to prepare P&L, Cash flow and Balance Sheet financial statements
• Demonstrate a clear understanding of financial performance
• Interpret financial reports
• Prepare a Cash flow forecast
• Measure inventory stock turns
• Understand depreciation, GST and Tax
• Apply costing of services to product and services
What we will cover
• The Profit and Loss statement and Balance Sheet
• Measuring and interpreting financial performance
• Cash flow management
• Accrual accounting
• Depreciation
• Inventories
• Pricing and costing of services
• Performance benchmarking
Who should attend
• Anyone who needs to learn the accounting function
• Those involved in management of financial resources