Accounting for Non-Accountants

Introduction

This GLOMACS Accounting for Non-Accountants training course provides a comprehensive introduction to the role of accounting in supporting and informing all business decisions throughout the organization. It is designed for those who access, use, and rely upon accounting information, but do not have accounting training or background. This training course will give you access to the world of accounting, from basic principles, using plain language.

Those who attend this Accounting for Non-Accountants training course will gain a clear understanding of the structures of the accounting system, the information it contains, and how it can be accessed. You will learn, from numerous practical examples and illustrations, how the information on business transactions and activities, input to the accounting system is used throughout the organization. You will understand how accounting provides essential support to routine operations, decision making, and effective business control.

The highlights of this training course will be:

• The structure of the accounting system
• Preparing truthful and realistic financial statements
• Analyzing financial statements to evaluate a business
• Establishing the costs of products and operations
• Preparing budgets to implement our strategic plans

Objectives

At the end of this training course, participants will:

• Be able to record transactions in the accounting system
• Understand the format and contents of financial statements
• Use accounting information to interpret and evaluate a business
• Make efficient and profitable decisions, based on cost information
• Apply budgetary control techniques to ensure that targets are achieved

Training Methodology

In this Accounting for Non-Accountants training course, you will be expected to actively participate. To enable this the trainer will provide and explain basic rules and structures that will allow you to record transactions, prepare financial statements, and cost summaries.

In the process, you will discuss and apply ‘business commonsense’ and ‘professional judgement’ in ensuring that information is realistic and truthful. In every session there will be opportunities to re-inforce what you have learned with practical exercises.

Organisational Impact

As a result of attending this Accounting for Non-Accountants training course your employees will:

• Understand how, and where, to find the information they need from the accounting system
• Be capable of using accounting information effectively in their roles
• Be able to use accounting information to evaluate their own, and others, performance
• Be motivated to use their knowledge of accounting to add value to the organization
• Make more confident and informed contributions to business discussions
• Appreciate the importance of taking ownership and responsibility for operating within budget

Personal Impact

What will the employee gain from attending this training course?

• You will acquire skills and knowledge to enhance your personal development
• You will feel more comfortable, and confident, in your working role
• You will gain a clearer picture of how businesses operate, and compete
• You will be encouraged to find out more about your business, and how you can contribute to its success
• It will enable you to liaise more effectively with staff in other departments
• It will be a valuable addition to your personal profile, which should enhance your career prospects