Accounting for Non-Accountants
Understanding your Profit & Loss and Balance Sheet
A recent survey of small businesses revealed that 41% consider the financials to be the hardest part of running their business, and 19% admitted they put their financials into the ‘too hard’ basket. Accounting for non-accountants is designed specifically for those who need to read their basic financial statements and improve their understanding of key accounting concepts.
This practical workshop will improve your financial understanding. By the end of this course you’ll be able to read your Income Statement and Balance Sheet, and understand the common classifications and groupings within them.
Note: This is a hands-on workshop and participants will be asked to complete practical exercises. Bring a calculator.
Through practical examples and exercises you will learn:
- What double entry accounting means
- The key elements of a Income Statement
- The important features of a Balance Sheet
- The purpose of depreciation
Each topic begins with easy examples and builds towards the more complex, as participants are guided through financial statements, their classifications and groupings, and other related issues.
After this course you will be able to:
- Understand the key groupings for your expenses, assets and liabilities
- Understand the jargon used by accountants
- Read your own financial statements
Thursday 30 March
9:00am to 12:00pm
The Chamber, 57 Kilmore Street
Geof Franks, Frankly Speaking. A chartered accountant, Geof specialises in training on a variety of practical accounting and business subjects. He is also a training facilitator and examiner for the Professional Accounting School of the New Zealand.
$240.00 + GST
$480.00 + GST