Accounting Skills

Price
$395.00 USD

Duration
1 Day

 

Delivery Methods
Virtual Instructor Led
Private Group

Course Overview

Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you’re going to succeed in today’s business world, particularly as a supervisor. Even better, financial terms are not as scary as they seem.

Course Objectives

You will spend the first part of the day getting to know participants and discussing what will take place during the workshop. Students will also have an opportunity to identify their personal learning objectives.
  • Top-rated instructors: Our crew of subject matter experts have an average instructor rating of 4.8 out of 5 across thousands of reviews.
  • Authorized content: We maintain more than 35 Authorized Training Partnerships with the top players in tech, ensuring your course materials contain the most relevant and up-to date information.
  • Interactive classroom participation: Our virtual training includes live lectures, demonstrations and virtual labs that allow you to participate in discussions with your instructor and fellow classmates to get real-time feedback.
  • Post Class Resources: Review your class content, catch up on any material you may have missed or perfect your new skills with access to resources after your course is complete.
  • Private Group Training: Let our world-class instructors deliver exclusive training courses just for your employees. Our private group training is designed to promote your team’s shared growth and skill development.
  • Tailored Training Solutions: Our subject matter experts can customize the class to specifically address the unique goals of your team.

Learning Credits: Learning Credits can be purchased well in advance of your training date to avoid having to commit to specific courses or dates. Learning Credits allow you to secure your training budget for an entire year while eliminating the administrative headache of paying for individual classes. They can also be redeemed for a full year from the date of purchase. If you have previously purchased a Learning Credit agreement with New Horizons, you may use a portion of your agreement to pay for this class.

Corporate Tech Pass: Our Corporate Tech Pass includes unlimited attendance for a single person, in the following Virtual Instructor Led course types: Microsoft Office, Microsoft Technical, CompTIA, Project Management, SharePoint, ITIL, Certified Ethical Hacker, Certified Hacking Forensics Investigator, Java, Professional Development Courses and more. The full list of eligible course titles can be found at https://www.newhorizons.com/eligible.

If you have questions about Learning Credits or our Corporate Tech Pass, please contact your Account Manager.

Course Prerequisites

There are no prerequisites for this course.

Agenda

1 - Getting the Facts Straight

  • The first session will go over basic financial terms
  • Explore their role in company finances
  • Governing organizations in their area.

2 - The Accounting Cycle

  • Four phases of the accounting cycle
  • Key concepts: cash vs. accrual methods

3 - The Key Reports

  • Take a close look at balance sheets and income statements
  • Review cash flow statements and statements of retained earnings

4 - Keeping Score

  • Explain the chart of accounts and single vs. double entry accounting.

5 - A Review of Financial Terms

  • Introduction to some additional financial terms.

6 - Understanding Debits and Credits

  • De-mystify accounting terms: debits and credits.

7 - Your Financial Analysis Toolbox

  • Sources for financial data
  • Tips on weeding out useless information
  • Calculate common ratios
  • Read an annual report, and some useful decision-making tools.

8 - Identifying High and Low Risk Companies

  • Guidelines for identifying high and low risk companies.

9 - The Basics of Budgeting

  • What is a budget?
  • How a budget fits into the big picture
  • The budgeting process

10 - Working Smarter

  • Basic checklist of computer skills required for success
  • How to choose an accounting package

11 - People and Numbers

  • Dealing with finances
  • Expense Reports
  • Making cuts to someone’s pay?
  • Provide tips on what to do.
 

Upcoming Class Dates and Times

May 13
8:00 AM - 4:00 PM
ENROLL $395.00 USD
 



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