Training : MANAGEMENT AND ACCOUNTING For Small and Medium-sized Enterprises (SMEs)
Description
Educational Objectives :
Understand and interpret key accounting documents
Learn various calculation methods essential for accounting analysis
Develop skills to create a budget forecast and calculate working capital needs
Educational Program :
Understanding Balance Sheets and Income Statements
Reading and interpreting the balance sheet
Reading and interpreting the income statement
Concepts of assets and liabilities
Fundamental Accounting Roles and Principles
Overview of accounting functions
Double-entry accounting principles
Verification, valuation, and the main users of accounting information
Accounting Analysis and Ratios
Levels of analysis
Key quick ratios
Result interpretation
Intermediate Management Balances (IMB)
Various IMBs
EBITDA
Breakdown of Net Income
Cost Analysis and Depreciation
Fixed and variable costs
Operational cost breakdown
Types of depreciation
Forecasting and Break-even Analysis
Contribution margin
Break-even point calculation
Critical threshold
Working Capital Requirement (WCR)
Calculating and managing WCR
