Accounting for Non-Financial Managers
€211.02
19 & 26 Sep & 03 & 10 Oct 2025
The Online Sessions Qualify for 12 CPE hours - Professional Development
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Accounting for Non-Financial Managers
Event Description
Location: Online Live Session | Webinar
Session 01: Friday, 19 September 2025 | 09:30 - 12:45
Session 02: Friday, 26 September 2025 | 09:30 - 12:45
Session 03: Friday, 03 October 2025 | 09:30 - 12:45
Session 04: Friday, 10 October 2025 | 09:30 - 12:45
What is this Online Course about?
This online course focuses on the application of accounting principles and techniques for managers outside the finance domain. Consequently, the lectures will cover fundamental accounting concepts and methods to ensure a solid understanding of accountancy and finance. The key topics addressed in this seminar include: basic accounting concepts, introductory bookkeeping in journals and ledgers, understanding and interpreting financial statements, capital expenditure appraisal, accounting and finance information that fosters effective decision-making, and budgeting.
Learning Objectives:
- Comprehend the language and meaning of accounting terms and policies;
- Develop the ability to think and express performance in financial terms;
- Gain increased confidence in analysing financial reports with the help of different methods;
- Foster proactive working relationships with finance professionals;
- Understand how financial business decisions influence the firm’s financial performance; and
- Understand the process of budgeting to create more effective budgets for the firm.
Key Topics Covered in the Seminar:
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Basic Accounting Concepts |
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A |
Key Objective of Financial Statements |
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B |
Reason behind accounting standards and concepts (key qualitative characteristics – understandability, reliability, relevance & comparability) |
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C |
Accruals Concept |
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D |
Prudence Concept |
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E |
Materiality Concept |
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F |
Going Concern Concept |
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G |
Consistency Concept |
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Basic Entry Bookkeeping in Journals and Ledgers |
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A |
Accounting Equation – Meaning and Implications |
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B |
The process of bookkeeping debits and credits. |
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C |
Explain key accounting terms – assets, liabilities, capital, expenses and gains. |
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D |
Bookkeeping in Ledgers. |
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E |
Bookkeeping in Journals. |
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Understanding and Interpreting Financial Statements |
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A |
Examination of the Annual Report of a Public Company – Income Statement, Statement of Financial Position and Statement of Cash Flows. |
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B |
Financial Analysis Techniques: ● CORE Framework ● Horizontal Analysis ● Trend Analysis ● Vertical Analysis ● Ratio Analysis |
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C |
Limitations of Financial Analysis |
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D |
Use of Environmental Scanning in Financial Analysis. |
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E |
Methods how to do Environmental Scanning: ● PEST ● Porter Five Forces ● VRIO ● SWOT ● TOWS |
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Capital Expenditure Appraisal |
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A |
Importance of Capital Budgeting. |
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B |
Methods of Capital Expenditure Appraisal: ● ROI/RI ● Payback ● Profitability Index ● Net Present Value ● Internal Rate of Return |
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C |
Strengths and Weaknesses of these methods. |
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Foster Effective Decision-Making |
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A |
Explain the concept of relevant costing in decision-making. |
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B |
Outline cost behaviour and its implication for cost-volume-profit analysis. |
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C |
Outline the assumptions of cost-volume-profit analysis and further clarify its use. |
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D |
Introduce the concept of marginal costing. |
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E |
Explain the terms contribution and margin of safety, and apply these terms to decision-making. |
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F |
Introduce the notion of break-even analysis and highlight its graphical representation. |
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Budgeting |
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A |
Explain the budgeting process and how it fits with strategic planning. |
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B |
Outline the usefulness of budgeting. |
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C |
Illustrate the different types of budgeting (functional budgets and master budget). |
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D |
Distinguish between static and flexible budgets. |
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E |
Explain how variance analysis fits in budgeting as a control measure. |
The Speaker
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