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Accounting for Non-Finance Professionals

Accounting For Non Finance Professionals

Location Erbil

Fee $250

Course Date

Sunday, 20 October 2024

Course Overview

The course is designed to fit the needs of non-finance managers and employees, who have daily communication with the finance department to enhance the communication between them and fill the gap between the finance and other departments.

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Course Objectives

  • Gain a general understanding of the accounting profession

  • Understanding the accounting equation and the double entries basis

  • Understanding the accrual basis in accounting

  • Understanding the revenue and expense recognition in accounting

  • Understand the income statement and balance sheet

  • Gain a fundamental knowledge in managerial accountin

Learning Outcomes

  • Understand the accounting cycle and how the accounting works

  • Bridge the gap related to the understanding of accrual basis

  • Reading & understanding financial reports

  • Using basic tools in managerial accounting

The course will be presented in accordance with IFRS (the International Financial Reporting Standards) by merging academic information with the best practice in the accounting profession. A mix of interactive techniques, such as brief presentations, application of theories, and group exercises to exchange experience and apply the knowledge acquired throughout the course.

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Course Content

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Introduction to Accounting

  • Accounting Equation

  • Accounting Cycle

  • Basic Accounting Assumptions

  • Cash vs Accrual Basis

  • Application of accrual basis

  • OpEx vs CapEx

  • Depreciation & Amortization

Reading the Financial Reports

  • Understanding Elements of the Income Statement

  • Major Figures in Profit and Loss Statement

  • Understanding Elements of the Balance Sheet

  • Balance Sheet Classification

Ratio Analysis

Basis of Managerial Accounting

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Course Schedule

  • Duration: 5 days

  • Time: 17:30 - 20:30

  • Refreshments: included

  • Format: classroom-based

  • Language: English

  • Location: Erbil, mselect office

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โ€‹Payment

Must be made 7 working days before the start of the course. Payment can be made in cash, by bank transfer or through exchange offices.

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How do I register?

You can register by emailing training@mselect.com with the following details:

  • Full Name:

  • City/Town:

  • Email Address:

  • Phone number:

  • Name of the course:

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โ€‹register now