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Accounting Skills

4.6 out of 5 rating Last updated 14/11/2024   English

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Global Schedule

GTR = Guaranteed to Run

12 Nov 24 Book
14:00 - 22:00 Live Online 359
Duration

1 Days

6 CPD hours

Overview

You will spend the first part of the day getting to know participants and discussing what will take place during the workshop. Students will also have an opportunity to identify their personal learning objectives.

Description

Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you're going to succeed in today's business world, particularly as a supervisor. Even better, financial terms are not as scary as they seem.

1 - Getting the Facts Straight

  • The first session will go over basic financial terms
  • Explore their role in company finances
  • Governing organizations in their area.

2 - The Accounting Cycle

  • Four phases of the accounting cycle
  • Key concepts: cash vs. accrual methods

3 - The Key Reports

  • Take a close look at balance sheets and income statements
  • Review cash flow statements and statements of retained earnings

4 - Keeping Score

  • Explain the chart of accounts and single vs. double entry accounting.

5 - A Review of Financial Terms

  • Introduction to some additional financial terms.

6 - Understanding Debits and Credits

  • De-mystify accounting terms: debits and credits.

7 - Your Financial Analysis Toolbox

  • Sources for financial data
  • Tips on weeding out useless information
  • Calculate common ratios
  • Read an annual report, and some useful decision-making tools.

8 - Identifying High and Low Risk Companies

  • Guidelines for identifying high and low risk companies.

9 - The Basics of Budgeting

  • What is a budget?
  • How a budget fits into the big picture
  • The budgeting process

10 - Working Smarter

  • Basic checklist of computer skills required for success
  • How to choose an accounting package

11 - People and Numbers

  • Dealing with finances
  • Expense Reports
  • Making cuts to someone’s pay?
  • Provide tips on what to do.
Additional course details:

Nexus Humans Accounting Skills training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward.

This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts.

Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success.

While we feel this is the best course for the ITS Data Analytics course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you.

Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.

FAQ for the Accounting Skills Course

Available Delivery Options for the Accounting Skills training.
  • Live Instructor Led Classroom Online (Live Online)
  • Traditional Instructor Led Classroom (TILT/ILT)
  • Delivery at your offices in London or anywhere in the UK
  • Private dedicated course as works for your staff.
How many CPD hours does the Accounting Skills training provide?

The 1 day. Accounting Skills training course give you up to 6 CPD hours/structured learning hours. If you need a letter or certificate in a particular format for your association, organisation or professional body please just ask.

Is the Accounting Skills training appropriate for someone learning to use Essential Personal & Workplace Skills in a professional environment?

Yes the Accounting Skills is appropriate for someone looking to use Essential Personal & Workplace Skills in a professional workspace or environment. But do make sure to note any prerequisites, read the course outline to ensure it is the right fit for you or your teams requirements and preferences.

Do you provide training for the Accounting Skills.

Yes we provide corporate training, dedicated training and closed classes for the Accounting Skills. This can take place anywhere in UK including, England, Scotland, Cymru (Wales) or Northern Ireland or live online allowing you to have your teams from across UK or further afield to attend a single training event saving travel and delivery expenses.

What is the duration of the Accounting Skills program.

The Accounting Skills training takes place over 1 day(s), with each day lasting approximately 8 hours including small and lunch breaks to ensure that the delegates get the most out of the day.

Why are Nexus Human the best provider for the Accounting Skills?
Nexus Human are recognised as one of the best training companies as they and their trainers have won and hold many awards and titles including having previously won the Small Firms Best Trainer award, national training partner of the year for UK on multiple occasions, having trainers in the global top 30 instructor awards in 2012, 2019 and 2021. Nexus Human has also been nominated for the Tech Excellence awards multiple times. Learning Performance institute (LPI) external training provider sponsor 2024.
Is there a discount code for the Accounting Skills training.

Yes, the discount code PENPAL5 is currently available for the Accounting Skills training. Other discount codes may also be available but only one discount code or special offer can be used for each booking. This discount code is available for companies and individuals.

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Training Insurance Included!

When you organise training, we understand that there is a risk that some people may fall ill, become unavailable. To mitigate the risk we include training insurance for each delegate enrolled on our public schedule, they are welcome to sit on the same Public class within 6 months at no charge, if the case arises.

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