Accounting for Non-Finance Managers
About This Course
Delve deep into the realm of accounting tailored explicitly for professionals outside of the finance domain. "Accounting for Non-Finance Managers" equips learners with the expertise to input data into accounting systems accurately, ensuring all transactions align with pertinent regulatory frameworks. Whether you're a seasoned manager or an industry newbie, this course provides comprehensive insights into the intricate financial processes that drive businesses.
Beyond mere data entry, participants will cultivate a keen awareness of evolving managerial accounting standards, preparing them to navigate the dynamic financial landscape with ease. The course further extends its coverage to highlight significant accounting and income tax issues, enabling learners to identify and address potential financial challenges promptly. Elevate your managerial capabilities and gain a competitive edge in today's fast-paced business world.
What You'll Learn
- Input required data into accounting systems accurately and ensure transactions follow regulatory frameworks.
- Maintain awareness of changes in managerial accounting standards.
- Identify significant accounting and income tax issues.
Learning Outcome:
Topic 1. Basics of Financial Accounting
- What is accounting?
- Bookkeeping
- Regulatory framework for financial reporting
- Balance sheets
- Income statement
- Cash flow statement
- Real life examples of financial accouting
Topic 2. Basics of Managerial Accounting
- Overview of accounting standards
- Overview of managerial accounting
- Budgeting
- Real life examples of managerial accounting
Topic 3. Accounting Issues and Income Taxes
- Identify accounting issues
- Income tax issues
- Capital gains vs. ordinary income
Entry Requirements
Knowledge and Skills
• Able to operate using computer functions
• Able to operate using computer functions
• Minimum 3 GCE ‘O’ Levels Passes including English or WPL Level 5 (Average of Reading, Listening, Speaking & Writing Scores)
Attitude
• Positive Learning Attitude
• Enthusiastic Learner
Experience
• Minimum of 1 year of working experience
Target Age Group: 21-65 years old