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Accounting for Non-Accountants

Understanding your Profit & Loss and Balance Sheet

Brief overview

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

Comments from previous attendees

"Presented in down to earth language that was easily understood."

"It was concise and succint. There was no thumb twiddling time and the exercises that we had to do were very useful in learning rather than just sitting and listening."

"Easy to understand - interesting and informative content."

Back to Finance

Details

Date

Thursday 21 September 2017

Time

9:00am to 12:00pm

Venue

The Chamber, 57 Kilmore Street

Presenter

Geof Franks

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.

Pricing

Member

$240.00 + GST

Non-member

$480.00 + GST

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