The course will provide business managers with the fundamental concepts of accounting and finance management, so that they can handle day-to-day finance-related problems in a professional way. Furthermore, this course will help managers improve their performance by monitoring key figures and ratios in financial statements.
At the end of the program, participants will be able to:
- Understand the "Fundamental Accounting Concepts" and how the application of these concepts impact on the essence of business financial reporting.
- Understand the importance of each of the 3 key financial statements (i.e. Balance Sheet, Profit & Loss Statement and Cash Flow Statement), their limitation and relationship.
- participants will gain insights and skill to read and interpret financial statements in order to understand the financial condition of a business enterprise.