Accounting for non-accountants starts with the ledger. This 60-minute webinar explains how the parts of the financial ledger fit within your organization's accounting and reporting structure, and how debits and credits flow through to the financial statements.
You'll cover the basics of financial accounting and its conceptual framework, the divisions of the ledger, and how to read a balance sheet, a statement of cash flows and the other financial statements.
The goal is practical: to help managers who aren't accountants understand the numbers behind the decisions they make every day.
WHY SHOULD YOU ATTEND?
Corporate decisions depend on a sound understanding of financial records, so managers outside accounting must be able to read financial statements and interpret them before they make operational choices. This session builds that skill from the ledger up.
The session suits internal auditors, financial managers, purchasing and procurement managers, and operational managers.
AREA COVERED
- Financial accounting
- The conceptual framework
- Balance sheets, cash flows and financial statements
- Divisions of the ledger
LEARNING OBJECTIVES
- Explain the basics of financial accounting and its conceptual framework
- Describe the divisions of the ledger and how debits and credits are recorded
- Read a balance sheet and a statement of cash flows
- Use financial statements to support operational decisions
WHO WILL BENEFIT?
- Internal Auditors
- Financial Managers
- Purchasing and Procurement Managers
- Operational Managers
Corporate decisions depend on a sound understanding of financial records, so managers outside accounting must be able to read financial statements and interpret them before they make operational choices. This session builds that skill from the ledger up.
The session suits internal auditors, financial managers, purchasing and procurement managers, and operational managers.
- Financial accounting
- The conceptual framework
- Balance sheets, cash flows and financial statements
- Divisions of the ledger
- Explain the basics of financial accounting and its conceptual framework
- Describe the divisions of the ledger and how debits and credits are recorded
- Read a balance sheet and a statement of cash flows
- Use financial statements to support operational decisions
- Internal Auditors
- Financial Managers
- Purchasing and Procurement Managers
- Operational Managers
