Accounting is the process of gathering and preparing of financial information about an organization in a form that provides accurate and useful records and enables decisions to be made. Financial decisions of a business are very sensitive. Financial Management deals with the financial decisions organizations make and the tools as well as analysis used to make these decisions. The primary goal of Financial Management is to enhance corporate value, without taking excessive financial risks.
This workshop aims to help you understand the concepts of accounting and financial management in balance with practical problem solving.
Academic Requirements
No formal requirement but competency in written and spoken English would be an added advantage.
Course Contents
5 Hours
- Meaning of Accounting
- Scope and Importance of Accounting
- Accounting principles
- Accounting Cycle
- Preparation of Journals & Ledger
- Practice session
5 Hours
- Understanding the Trial Balance
- Preparation of Trial Balance
- Understanding Trading, Profit and Loss Account
- Preparation of Trading Profit and Loss Account
- Practice Session
5 Hours
- Understanding Balance Sheet
- Preparation of Balance Sheets
- Adjustments in Final Accounts
- Practice Session
5 Hours
- Introduction to Financial Management
- Usage of Financial Statements in Financial Evaluations
- Usage of Financial Statements in Forecasting
- Budgeting and Budgetary Control
- Practice Session
1 hour
- Examination
Duration
4 days (5 hours per day) and 1 hour examination
Course Fee
MRf 1,000/-
Payment Installments
No installment plan
In takes
Throughout the year and on request