MODULE 1: INTRODUCTION TO FUNDAMENTALS OF FINANCE
• Four main areas of Finance
INTRODUCTION TO THE FUNDAMENTALD OF ACCOUNTING
• What is Accounting?
• Accounting Process
• Role in today’s business
• The Accounting Equation
• Transaction Analysis
• Understanding the common terminologies used
• Exercise
MODULE 2: FINANCIAL STATEMENTS
• Cash Flow verses Profit
• Adjustments including Accruals, Prepayments and Depreciation
• Company Statements
• Sources of Finance
• Exercise
MODULE 3: FINANCIAL STATEMENT ANALYSIS
• Trend Analysis
• Common-Size Analysis
• Ratio Analysis
Profitability, Efficiency, Liquidity, Gearing & Investment Ratios
Spotting early warnings of possible business failures and taking early corrective action.
CASE STUDY
• Analysing A public listed company’s financial statements
MODULE 4: MANAGEMENT ACCOUNTING/COSTING
• What is Management Accounting?
• Classification of Costs
• Costing Systems & Techniques
FULL COSTING
• Allocation & Apportionment of Overheads
• Service Department Costs
• Determining Selling Price
• Exercise
MODULE 5: MARGINAL COSTING & DECISION MAKING
• CLASSIFICATION OF COSTS
• Profit Statement
• Decision Making
• Break-even Analysis
• Exercise
MODULE 6: CAPITAL INVESTMENT
• Forecasting Relevant Project Cash Flows
• Project evaluation Techniques – Payback, NPV, IRR
• Accepting or Rejecting Projects
• Case study