Modern Accounts Assistant Mastery: From Data to Decision Support
Introduction
In today’s fast-paced business environment, understanding and interpreting financial information is essential for professionals at all levels. Whether you work within the finance department or support it from another function, the ability to analyze and communicate financial data is crucial to organizational success.
This comprehensive programme provides participants with a clear understanding of the structure, content, and purpose of financial information. It blends theoretical foundations with practical applications to ensure every participant gains the confidence to handle financial data accurately and make informed business decisions.
By the end of this programme, participants will be able to translate data into actionable insights, supporting effective management and operational excellence.
Objectives
By attending this programme, participants will be able to:
* Understand the basic areas of accounting and finance, their terminology, and structure.
* Learn a range of practical analytical skills for interpreting and managing financial information.
* Apply key elements of accounting in a practical business context.
* Build confidence in reviewing and analyzing financial data from internal and external sources.
* Read, interpret, and evaluate information presented in financial reports.
* Enhance decision-making skills related to financial performance and business operations.
Day One – Understanding Different Types of Financial Information
* The role and importance of financial information in business
* Identifying who uses financial information and for what purposes
* Understanding the flow of information within a company
* Differentiating between various types of financial information
* Key accounting terminology explained
* Reporting formats and their implications for management
Day Two – The Cash Cycle
* Understanding the difference between cash and profit
* The flow of money in and out of a company
* Managing and controlling cash effectively
* The role of customers and suppliers in the cash cycle
* Sources of finance and liquidity management
* Preparing and interpreting basic cash flow statements
Day Three – Inventory and Fixed Assets
* Establishing the value of a company’s inventory
* Methods of inventory valuation and their implications
* Recording and managing fixed assets
* Understanding asset lives and depreciation
* The importance of physical verification of assets
Day Four – Financial Statements
* Composition and structure of the Profit and Loss Account
* Understanding profitability and computing ratios
* The Balance Sheet explained
* Using financial ratios for analysis
* Interpreting results and benchmarking against competitors
Day Five – Costing and Budgeting
* Classifying costs and setting performance standards
* Overview of common costing methods in business
* Basic forecasting and variance analysis techniques
* Preparing and managing departmental budgets
* Comparing actual results with budgeted performance
Programme Outcome
At the end of this programme, participants will have a solid understanding of how financial data flows through an organization, how to interpret it meaningfully, and how to contribute to informed decision-making.
They will emerge as confident, capable, and modern accounts assistants — equipped to bridge the gap between data and strategic support.
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
