* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
Course Description
This course provides participants with a basic understanding of financial management. It demonstrates how to read and understand key elements of financial statements and reports, such as balance sheets, income statements, and cash flow statements. They also learn how to apply basic financial and accounting principles to budget preparation and analysis
What Do Participants Learn?
- Understanding the goals of financial management
- Defining key accounting concepts
- Recognizing the use and characteristics of a balance sheet
- Recognizing the use and characteristics of an income statement
- Identifying a cash flow statement and how to use it
- Identifying the importance and characteristics of an audit and that of its primary documentation
- Defining double entry bookkeeping concepts in relation to the accounting equation
- Comparing the functions and contents of a ledger and a journal
- Identifying the different types of budgets
- Describing the elements necessary to prepare a basic budget
- Identifying specific tools for analyzing and benchmarking financial information
- Discussing the time value of money
Who Should Attend?
- Managers
- Project officers
- Team leaders
- Human Resources officials
- Those who aspire to be more financially aware
What Will the Learning Experience Include?
Phase: 1
Introduce
- Comprehensive pre-program activities include:
- Web-based information forms & surveys completed by attendee.
- Direct consultation with the attendee about the expectations.
- During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
- Participants learn from expert trainers who have both academic and business experiences.
- Highly applicable training content & instructive activities for adding depth to training topics.
- **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Phase: 2
Explore & Practice
Phase: 3
Apply
- Apply & sustain the learning experience by using this ongoing support:
- To ensure participant has new skills or behavior progress.
- Optional, fee-based mentoring & coaching with the trainer.
- Training materials & additional documents (e-books, pdf files, presentations and articles)
- Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
- Participant's Evaluation
- Trainer's Evaluation
Phase: 4
EVALUATE
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Certification
Averest Training Certificate of Completion or delegates who attend and complete the training course
This course is certified by:
On-Site Training
This Course can be customized delivered to a group at your facility saving time and money.