Accounting for Non-Finance Executives is a two-day WSQ Certifiable course which aim to provide learners an overview of the financial knowledge and essentials to assist the managers and executives in their daily activities in apply fundamental financial management knowledge to the business.
Course Benefits
By the end of the course, learners will be able to:
- Understand and Apply Key Financial Terminology
- Understand Common Accounting Principles and Concepts
- Understand the key financial statements and make business decisions
- Identify and Apply Common Financial Ratio and Interpretations
- Read and Interpret Annual Reports
- Understand and Monitor Budgeting and Forecasting
- Gain insight into popular cloud accounting software and how it can improve work efficiency and productivity
Target Audience
Non-Finance Professional including Admin, Human Resource, Procurement, Marketing and Sales, Project Managers, Heads of Department, Business Heads, GMs, CEO, Entrepreneurs
Course Outline
Accounting for Non-Finance Executives
Topic 1. Basics of Financial Accounting
- What are Bookkeeping and Accounting? What are the differences?
- Regulatory framework for Financial Reporting
- Chart of Accounts
- Accrual Accounting; Debit and Credit
- Journal, General Ledger, Trial Balance
- Year-end Closing Procedures
- Overview of the Balance sheet; Balance sheet example
- Differences between the Balance Sheet and Income statement
- Overview of the Income Statement; Income Statement example
- Overview of the Cash Flow Statement; Cash Flow Statement example
- Differences between Cash Flow Statement and Income Statement
- Summary of Financial Reporting
- Real life examples of financial accounting
Topic 2: Basics of Managerial Accounting
- What are Managerial Accounting?
- Product costing
- Break-Even Analysis
- Budgeting
- Real life examples of Managerial Accounting
Topic 3: Accounting Issues and Income Taxes
- Identify Accounting issues
- Singapore Corporate Tax System
- Tax deductions and credits
- Various types of Taxation
Topic 4: Introduction to Accounting Software
- Xero Accounting Software
- QuickBooks Accounting Software
Available Course Sessions
Please click here to stay updated on upcoming sessions.
Trainer Profile
Maria Lau
Trainer Maria Lau is analytical for all courses at college as well as running her college to improve experience for trainees/clients, employees and administration.
A dedicated and responsive trainer and appraisals from ex NUS Merit/ex MP and trainees attending college courses for the 3@1 Corporate Secretarial Practice/ACRA Filing/IRAS Tax and Certificate in Practical Accounting courses and Pitman’s Shorthand New Era Speed Writing.
