Accounting Skills for New Supervisors - Course

Price: R540

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Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you’re going to succeed in today’s business world, particularly as a supervisor. Even better, financial terms are not as scary as they seem! 
This Course will help you understand:

The art of finance and financial management
Key financial terms
Their role in company finances
Where to find the rules and regulations for their area and industry
Various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
How a chart of accounts is created
Cash and accrual accounting
Single and double entry bookkeeping
Debits and credits
Identifying and analyzing important financial data
Making financial decisions
Reading annual reports
Determining whether a company is financially high or low risk
Different types of organizational financial plans
What budgets are and how to prepare them
What computer skills they need to make you a financial whiz
Dealing with financial situations that impact the people that work for them 

Course Overview: 

Getting the Facts Straight 
The Accounting Cycle
The Key Reports
Keeping Score
A Review of Financial Terms
Understanding Debits and Credits
Your Financial Analysis Toolbox
Identifying High and Low Risk Companies 
The Basics of Budgeting 
Working Smarter
People and Numbers

Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you’re going to succeed in today’s business world, particularly as a supervisor. Even better, financial terms are not as scary as they seem! 
This Course will help you understand:

The art of finance and financial management
Key financial terms
Their role in company finances
Where to find the rules and regulations for their area and industry
Various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
How a chart of accounts is created
Cash and accrual accounting
Single and double entry bookkeeping
Debits and credits
Identifying and analyzing important financial data
Making financial decisions
Reading annual reports
Determining whether a company is financially high or low risk
Different types of organizational financial plans
What budgets are and how to prepare them
What computer skills they need to make you a financial whiz
Dealing with financial situations that impact the people that work for them 

Course Overview: 

Getting the Facts Straight 
The Accounting Cycle
The Key Reports
Keeping Score
A Review of Financial Terms
Understanding Debits and Credits
Your Financial Analysis Toolbox
Identifying High and Low Risk Companies 
The Basics of Budgeting 
Working Smarter
People and Numbers