 BUSINESS CHALLENGE
All businesses from sole traders to large organisation have an obligation to provide accurate and timely financial records for both internal and external use.
More and more people from non-accounting backgrounds are becoming involved in decisions that have financial implications. So what do all those figures mean?
Financial statements are important tools which disclose how your business has performed. They help you make decisions and potentially avoid surprises occurring in your area of responsibility. The understanding of this information is fundamental to any individual or organisation.
 LEARNING OUTCOMES
After successful completion of this programme, it is expected you will understand;
- The purpose of this workshop is to help you and your organisation understand:
- The importance of preparing financial accounts
- The Flow of Money
- Financial Definitions
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
- Ratio Analysis
- Why Net Profit is different from the bank balance
- Accrual accounting
 TARGET AUDIENCE
This is an essential workshop for anyone at any level or within any discipline in your organisation that require the fundamentals of understanding financial statements.
 PROGRAMME STRUCTURE
Knowledge and skills are continuously built through case studies, individual practise and group exercises.
 IN-COMPANY OPTION
NZIM will partner with you to deliver a customised programme for your organisation. NZIM partner with some of New Zealand’s leading organisations, to deliver high quality learning programmes, designed to meet specific organisational needs.
 FURTHER DEVELOPMENT
- How to Read an Annual Report
 Click here for a printable copy of this page
|
