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MANAGEMENT ACCOUNTING FOR NON-ACCOUNTANTS

COURSE OVERVIEW

In order for business managers to make the best strategically important decisions for their organisation, an understanding of management accounting is essential.
Management accounting focuses on providing internal users with timely and relevant information which can be used for cost/profit decisions, profitability analysis, budgeting, capital investment decisions and many other critical business decisions. An
organisation's financial success depends upon the ability of its leaders to capitalise on its strengths, remedy its weaknesses and maximise new opportunities and management accounting plays a key role in this process. In order to assist business managers to have the knowledge to make better business decisions, AstroTech is offering a course on "Management Accounting for Non-Accountants".

The course includes the following:

  • The difference between Financial

  • Accounting and Management Accounting

  • Financial Decision-Making Models

  • The impact of Cashflow and Working Capital management

  • Segment Reporting

  • Budgeting

  • Finance and Funding

  • Capital investment decision making

  • Basic explanations of Financial Statements terminology

  • Money Laundering

  • Anti-Corruption Legislation

  • How officials get into trouble

  • And Much More!

WHO SHOULD ATTEND

This course is valuable for:

  • All non-accounting managers
  • Business decision makers
  • Marketing and sales personnel who require a better understanding of pricing
  • Project managers and product managers
  • Anyone else wanting to improve their knowledge of management accounting

KEY BENEFITS

  • Understand the financial implications of decisions
  • Improve business decision-making
  • Gain a good understanding of pricing and costing
  • Understand how to correctly evaluate investment decisions
  • Learn methods to achieve finance and funding

TAKE HOME TOOLS

  • Training Manual & CD
  • All delegates receive one month of telephonic support relating to course content

GENERAL

Provision of the course by AstroTech includes:

  • All course material & tutorials

The course is 3 days in duration.

Please note that the venue, lunch and refreshments must be provided in-house and is not included in the cost of the course.

For more information on AstroTech in-house courses, please contact AstroTech on 0861 Astro T (0861 278 768) or 011 582 3222 or training@astrotechtraining.co.za