ACCOUNTING SKILLS IMPROVEMENT FOR MIDDLE MANAGERS AND SUPERVISORS
Application of finance and accounting skills is necessary in every business transaction. While it is compulsory for accountants to acquire and apply finance and accounting skills, non–accountants need to understand the basic principles of finance and accounting to facilitate their operations and decisions for sustained results. This workshop is designed to equip participants with basic knowledge of finance and accounting principles and procedures.
At the end of the workshop, participants will be able to:
- Identify the basic components of financial statements;
- Describe the relevance of accounting and financial statements in decision making;
- Discuss financial records;
- Prepare bank reconciliation statements; and
- Use ICT to assess finance and accounting information.
- Overview of Finance and Accounting
- Principles of Book Keeping
- Preparation of Bank Reconciliation Statement
- Operation of Imprest Account
- Cost Control and Cost Reduction Techniques
- Cost/Benefit and Break-Even Analysis
- Responsibility and Stewardship Accounting
- Sources and Application of Funds Preparation of Financial Statements
- Budgeting and Budgetary Control
- Computer Application in Finance and Accounts
Managers, Heads of Department, Division and Unit, Supervisors and other officers in Public and Private Organizations in disciplines other than finance and accounting.
Lectures, group discussion, case studies and role-play