Course Overview
This course was designed to demystify and clarify finance and accounting jargon and concepts in a manner that allows non-financial professionals to comprehend. These interactive face-to-face sessions will provide delegates with an understanding of how their departmental decisions could drive or negatively impact their organisation’s growth. The active involvement of delegates in training room exercises and activities will help to facilitate learning and success in the workplace.
Learning Objectives
On successful completion of the course, delegates will be able to:
- Discuss role that accounting information plays in decision making;
- Explain the importance of accounting, finance and being able to interpret financial statements;
- Analyse core financial statements;
- Interpret the results of financial statement analyses and its implications for the organisation;
- Identify the nature and purpose of managerial reports;
- Interpret and apply financial management concepts;
- Describe how managers use managerial reports to monitor and control key expenses and revenues and to evaluate performance;
- Explain the importance of financial and non-financial information in the decision-making processes of managers;
- Utilise strategic management tools to assess the business environment.
At a Glance
Registration
Open
Programme Duration
28th – 30th September 2022
(3 Days)
Modality
In-person and Online
In-person Location
Sagicor Cave Hill School of Business and Management, Wanstead Barbados
Cost
In-person
- Early Bird USD $1,000 (until 30th August)
- Regular: USD $1,250
Online
- USD $1,100
Direct Contact
Ms. Pamela Everlsey
pamela.eversley@cavehill.uwi.edu
Executive Education Team
execchsbm@cavehill.uwi.edu
Telephone
1-246-424-7731
Topics To Be Covered
The following topics and concepts will be addressed:
- Understanding the Business Environment
- The Context and Regulatory Environment of Accounting and Reporting
- Understanding the preparation of three key Financial Statements – Statement of Comprehensive income, statement of financial position and statement of cash flows.
- The accounting cycle and internal controls
- Analysing Financial Statements using ratios, common size statements and comparative statement analysis.
- Financial budgeting
- Working capital management
- Accounting information and decision making – operating decisions, marketing decisions and long-term decisions
Who Should Attend
- Business Analysts
- Company Directors
- Company Directors
- Consultants
- Department Heads within Organisations
- Doctors
- Engineers
- Entrepreneurs
- General Managers
- Human Resource Managers
- IT Managers
- Lawyers
- Marketing and Sales Managers
- Medical Professionals
- Operations Managers
- Project Managers
- Supervisors
- Other professionals who are interested in utilising financial information for better decision making
Additional Information
- The course will be delivered by a knowledgeable and experienced practitioner with relevant certification in the field.
- This course will facilitate the development of decision-making competence in delegates.
- This course will include a full set of materials and learning aids that could be used for reference during and after the course.