
Learn the language of business by mastering fundamentals of accounting and finance, including the business life cycle, financial statements, working capital, and performance measures.
Explore module two: accrual and cash accounting methods, learning when revenues and expenses are recognized and how transactions are recorded for basic bookkeeping and budgeting.
Explore the three key financial statements: the income statement, balance sheet, and cash flow statement, and how they show financial performance over time and the company's position.
Explore the business lifecycle from existence to rebirth or death, and growth, highlighting cash flow, funding, and accounting patterns that shape expansion and exit decisions.
Learn accrual and cash accounting methods, master basic bookkeeping, and set up budgeting with operational and capital budgets. Explore budgeting methods—incremental, activity-based, value proposition, and zero-based—to plan and justify expenses.
Explore the three core financial statements, balance sheet, income statement, and cash flow statement, and see how assets, liabilities, equity, revenues, expenses, and cash flow reveal a company's performance.
Discover how to measure and manage working capital, calculate current assets minus current liabilities, and optimize the working capital cycle to sustain cash flow and liquidity.
Apply liquidity, efficiency, and solvency measures to assess a business, using current ratios, inventory turnover, cash conversion cycle, and indicators such as sales per employee and cost per employee.
Summarizes the basics of accounting and finance for beginners, detailing accounting methods, financial statements, budgeting, working capital management, and key performance measures to support conversational fluency.
When a lot of non-accounts or finance background/oriented professionals delve into the realm of finance, perceptions sometimes block their understanding.” But if you start with the basics, you’ll be able to pick it up. Most people think the language is difficult to understand/flow with and boring. The good news is that it is not difficult!
If you belong to the above category or would like to refresh your accounting and finance skills, then this course is for you! Welcome, you are in the right place. My overs 20 years experience in the financial sector, consulting, human resource and training; and great track record has been put to solid use in putting this course together for you.
This course is designed for non-finance background people, aspiring and existing entrepreneurs, business owners, business managers and supervisors, students and everyone interested in understanding the fundamentals of accounting and finance to enable them apply in business decision making, personal or professional development. The course outlines, content and facilitation style have been carefully chosen and tailored to suit the target audience and easy to follow and understand.
Understanding the basics of finance and accounting will help:
as employees, you communicate better with your employer, management and colleagues; as a business person you communicate better with the business stakeholders.
More likely to be in control of your business and career.
The course has an introduction with the overview of the course, it has modules covering: Basics of business lifecycle, Accounting methods & fundamentals, Basics of financial statements, structure & interpretation, Working capital & management, Financials & performance measures and the outlined course objectives. The outro at the end of the course gives a recap.
I am confident you will enjoy this course and find value.
Best regards,
Funke Medun