ACCOUNTING FUNDAMENTALS FOR NON-FINANCIAL MANAGERS

This course provides a comprehensive introduction to the principles and processes of financial accounting for non-accounting professionals. The main objective is to help you understand the core mechanics of accounting, from recording transactions to preparing financial statements. You will learn the foundational rules of accounting, including the use of debits and credits, and explore the different stages of the accounting cycle. The program uses live examples and open discussions to give you a clear understanding of how financial information is created and what its limitations are, allowing you to interpret financial reports with greater confidence.

• Record financial transactions accurately within an accounting system.
• Understand the structure and content of key financial statements like the income statement, balance sheet, and cash flow statement.
• Use accounting information to evaluate business performance and make informed decisions.
• Identify the limitations and potential biases of financial statements.

ISM Code (financial resource management), ISPS Code (security budgeting), SOLAS (safety expenditure planning), MARPOL (environmental compliance costs), IFRS (International Financial Reporting Standards), IASB pronouncements, National accounting standards.