The Basics of accounting and finance for business provides a comprehensive introduction to key financial and accounting principles essential for business success. It covers fundamental topics such as financial statements, budgeting, cost accounting, investment appraisal, and financial analysis. Participants will gain practical knowledge of financial decision-making, resource allocation, and interpreting business performance. The course is designed to equip professionals and students with the skills needed to manage financial operations effectively, enhance business profitability, and ensure compliance with financial regulations.
Key Learning Outcomes
Develop a solid understanding of fundamental accounting principles, including financial statements, double-entry bookkeeping, and reporting standards.
Learn how to interpret and analyze financial statements to assess business performance and make informed decisions.
Gain expertise in budgeting, cost accounting, and financial planning to optimize resource allocation and profitability.
Understand key investment appraisal techniques and financial risk management strategies.
Explore financial decision-making processes and their impact on business growth and sustainability.
Acquire knowledge of the role of financial management in corporate governance and regulatory compliance.
Enhance problem-solving and critical thinking skills in financial management through real-world case studies and applications.