2 - 6 Jun 2025
Amsterdam (Netherlands)
Hotel : Grand Hotel Amrâth Amsterdam
Cost : 5250 € Euro
Welcome to the Accounting for Non-Accountants Training Program! This program is designed to provide participants with a comprehensive understanding of basic accounting principles and concepts. Whether you're a business owner, manager, or professional from a non-accounting background, this training program will equip you with the knowledge and skills necessary to navigate financial statements, interpret financial data, and make informed financial decisions. By the end of this program, you will gain confidence in discussing financial matters and communicating effectively with accountants and financial professionals.
By the end of this training program, participants will:
Understand the fundamentals of accounting, including key terms, concepts, and principles.
Interpret and analyze financial statements, such as the balance sheet, income statement, and cash flow statement.
Apply basic accounting techniques, such as journal entries and ledger maintenance.
Learn how to identify and track financial transactions accurately.
Gain the skills to evaluate the financial health and performance of an organization.
Enhance their ability to communicate and collaborate effectively with accounting and finance teams.
This training program is ideal for:
Managers and Supervisors: Non-accounting professionals responsible for budgeting, financial planning, and decision-making.
Small Business Owners and Entrepreneurs: Individuals who want to understand and manage their financial records effectively.
Professionals in Non-Financial Roles: Individuals from marketing, operations, human resources, or other departments who need to comprehend financial information.
Project Managers: Professionals seeking to understand the financial implications and impacts of their projects.
Start-up Founders: Entrepreneurs looking to develop a solid foundation in accounting principles for their business ventures.
Anyone interested in gaining a practical understanding of accounting principles and financial statements.
Day 1:
Introduction to Accounting for Non-Accountants
Overview of accounting and its importance in business
Key accounting principles and concepts
Understanding financial statements: balance sheet, income statement, and cash flow statement
Analyzing and interpreting financial statements
Practical exercises and case studies to reinforce learning
Day 2:
Recording Financial Transactions
The accounting cycle and its components
Types of accounts and their classification
Double-entry bookkeeping and debits/credits
General ledger and chart of accounts
Recording transactions through journal entries and posting to the general ledger
Trial balance and adjusting entries
Hands-on exercises and examples to practice recording transactions
Day 3:
Financial Statement Analysis
Ratio analysis and its significance
Liquidity, profitability, and solvency ratios
Vertical and horizontal analysis of financial statements
Interpreting financial ratios and trends
Case studies and exercises to analyze financial statements
Day 4:
Cost Accounting and Budgeting
Introduction to cost accounting and its relevance
Cost classifications: direct costs, indirect costs, fixed costs, variable costs
Cost behavior and cost-volume-profit analysis
Break-even analysis and decision-making
Introduction to budgeting and its process
Preparing budgets: operating budget, capital budget, cash budget
Exercises and examples for cost accounting and budgeting
Day 5:
Communication and Collaboration with Accountants
Understanding financial jargon and terminology
Asking the right questions to gather financial information
Interpreting financial reports and seeking clarifications
Collaborating with accounting and finance teams
Sharing financial information with non-financial colleagues
Role-playing exercises and group discussions for effective communication and collaboration