Fundamentals of Accounting for Non-Financial Managers

• Understand the terminology and fundamental principles of accounting
• Contrast financial and managerial accounting applications 
• Integrate financial information with other business functions
• Apply basic financial concepts and techniques, to better support your decision-making process
• Communicate and work more closely with financial professionals
• Improve your overall managerial effectiveness with a better understanding and working knowledge of financial information 

• The accounting environment, terminology and Generally Accepted Accounting Principles (GAAP)
• The importance of producing complete and representative financial statements on a periodic basis
• The types of decisions management faces in preparing financial statements 
• The role and impact of professional judgement in the preparation of financial statements
• Duties of the independent auditor and the purpose of each component of their report  
• Audit reports
• Other types of reports accompanying financial statements
• An overview of the statement of financial position, income statement and statement of cash flows

Special features

• Detailed discussions of those specific areas of financial statements which have either a higher degree of risk of material misstatement, are often poorly understood, or are most important to the users of financial statements.
• Cases, problems and participant examples will be incorporated in discussions to demonstrate the practical application of concepts being learned.