ACCOUNTING
AND BUDGETING FOR EAs
AND SUPPORT STAFF
Medium: |
In-house only |
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Location: |
In-house -
By Arrangement
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Costs: |
On
application |
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Dates: |
By Arrangement
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DESCRIPTION
EAs and Support Staff play an important role in every
organisation. However, the realities of business today are such
that a knowledge of business and accounting principles often is
essential to that role if we are to discharge the range of our responsibilities
effectively.
While it is usually not necessary that we become
familiar with all aspects of accounting and finance, we often need
to know how accounting systems and the budgeting process work, what
the terms mean and why things are done the way they are. With this
knowledge, we are better equipped to handle the day-to-day financial
responsibilities of our jobs.
OBJECTIVE
The objective of this one-day workshop is to assist
EAs and Support Staff in developing their knowledge and understanding
of accounting and budgeting so that they may become more confident
in interpreting and dealing with financial/accounting information,
thus enabling them to meet the financial and budgetary requirements
of their jobs more effectively.
CONTENT
Topics covered in the workshop include
the following:
- What
is accounting
- Nature,
purpose and scope of accounting
- Terminology
simplified
- The
accounting cycle
- How
organisations are financed
- Principles
of double entry
- The
accounting process
- What
accruals are and how they are treated
- Profit and loss
statements, balance sheets and cash flow
- The
budgeting process
- Budgeting
and management reporting
- Identifying
and controlling variances from budget
- Taking
corrective action
- Evaluation
and use of financial information.
RESULTANT BENEFITS
On
completion of the workshop, participants will be able to demonstrate
a clear understanding of accounting principles and terminology.
They will understand the accounting cycle, how to prepare and manage
a budget and why things are done as they are. They also will be
better equipped to handle the financial and budgetary responsibilities
of their jobs.
- To
contact us about a customised in-house programme for presentation
on the site of your choice click here
- For
details of our public programmes click
here
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