Fundamentals of Finance & Accounting

Course Category : Finance

A foundational programme that strengthens financial and accounting literacy for non-finance professionals, enabling them to interpret financial reports, analyse performance, and participate confidently in financial decision-making.
Duration: 5 Days
Level: Foundation – Intermediate

Introduction

In contemporary business environments characterised by increasing financial complexity and wider managerial accountability, a sound understanding of finance and accounting has become essential for managers and decision-makers. Financial reports are no longer merely accounting records; they are strategic tools that support performance evaluation and informed decisions regarding investment, costs, and liquidity management.
This course provides a structured foundation in financial and accounting principles, covering key accounting concepts, financial statement interpretation, financial analysis, budgeting, and cash flow management. It equips participants with the financial language and analytical capabilities necessary to contribute effectively to organisational financial decisions.

Targeted Audience

Non-financial managers
Operational department managers
Professionals involved in business decision-making
Strategy and planning specialists
Investor relations and corporate communication professionals
Employees with financial responsibilities within their roles

Targeted Skills

Understanding fundamental accounting and finance concepts
Interpreting financial statements
Financial performance analysis
Working capital and cash flow management
Operational budgeting preparation
Supporting financial and investment decisions

Expected Outcomes

Interpret key financial statements and understand their managerial implications.
Analyse financial performance using ratios and indicators.
Apply working capital and liquidity management principles.
Prepare operating budgets and analyse budget variances.
Apply financial evaluation techniques in investment decisions.
Communicate effectively using the language of finance and accounting within organisations.

Training Topics Index

Core concepts of financial accounting
The accounting equation and financial structure
Generally Accepted Accounting Principles (GAAP)
Cash vs accrual accounting methods
Accounting as an information system for management

Structure of major financial statements
Interpreting income statements and balance sheets
Core financial ratio analysis
Liquidity, profitability, and leverage indicators
Financial analysis for performance evaluation

Fixed and variable cost structures
Break-even analysis
Contribution margin concept
Cost accounting approaches
Profit improvement and cost control strategies

Role of budgeting in financial planning
Annual budgeting process
Different budgeting systems and models
Variance analysis and financial control
Budget efficiency techniques

Cash flow management principles
Time value of money concepts
Investment appraisal techniques
Internal Rate of Return (IRR) method
Discounted cash flow analysis

Course Features

Updated and Interactive Content
Hypothetical Examples and Case Studies
Pre- and Post-assessments to Measure Impact
Verified Certificate with a QR Verification Code

Fundamentals of Finance & Accounting