Accounting Fundamentals, The Income Statement & Working Capital

The Accounting Fundamentals course aims to provide participants (particularly those who have no prior knowledge of finance) with an introduction to financial statement analysis. The income statement, balance sheet and cash flow statement are introduced, and the key interactions between the income statement and balance sheet are explained. Participants will build simple financial statements using a list of transactions.

At the end of thistraining seminar, delegates will be able to:

• Read and interpret financial statements
• Analyse business performance
• Contribute to cash and working capital management
• Build budgets and manage costs and budgets
• Present business cases and utilise financing techniques to improve decision-making

• Analysts
• Relationship managers
• Accountants
• Investment management
• Wealth and asset management

• The structure of financial statements
• The income statement
• Balance sheet
• Cash flow statement
• Fixed and variable costs
• Accrual accounting and link between earnings and cash flow
• Margin calculations
• Inventories, receivables, payables, prepaid items and accruals
• Operating working capital and the cash cycle

• Presentation & Slides
• Audio Visual Aids
• Interactive Discussion
• Participatory Exercise
• Action Learning
• Class Activities
• Case Studies
• Workshops
• Simulation