Finance and Accounting Essentials

This course aims to provide an overview of the corporate finance and accounting knowledge to assist executive and managers in their daily activities and making business decisions.

– (2Hrs) – Government Agencies Regulatory/Accounting bodies- Standards (IFRS and GAAP) – Types of Reports: Internal vs External – Internal and External Audits – Sources of information – Analysing Tools for Preparing Financial Statements – (2Hrs) – Understanding Double Entry Concepts – Accounting Terminology within Financial Statements – Bookkeeping and Recording Transactions- Journals, Cash Book, General Ledger – (4Hrs) – Understanding Income Statements (Profit and Loss) – Understanding Balance Sheet (Assets, Liabilities Equity) – Understanding Cash Flows (Operating, Investing Financing) – (2Hrs) – Analysing Interpreting Financial Statements – Understanding Budgeting – Capital Expenditure treatment – Understanding Ratios (Performance,Liquidity Leverage) – (4Hrs) – Corporate Finance – WACC cost of capital and CAPM model – Using NPV for Investment Analysis – Understanding payback periods and IRR – Product costing – (2Hrs) – Bonds and Equity – Tax deductions and credits – Capital gains vs. Ordinary Income – Income tax summary