Course description
How to Speak Accounting
Become familiar with common accounting concepts and buzzwords used by accounting insiders, all in just a few hours.
You'll develop a baseline of financial understanding...clear up any confusion between different kinds of financial statements...and identify their purpose and relation to each other. You'll also gain an understanding of the accounting process, from recording the dollar impact of business decisions to the preparation of the resulting financial reports. Plus come away with the ability to converse with the finance people intelligently and grasp the all-important numbers side of the business.
Upcoming start dates
Who should attend?
Who Should Attend
This program is designed for non-financial managers in every functional area of responsibility in all industries.
Training content
Accounting
- State the Accounting Equation and Describe the Relationship among Its Components
- Describe Cash-Basis and Accrual-Basis Accounting
- Differentiate between Accounting Profit and Cash Flow
- Distinguish the Steps in the Overall Accounting Process
Preparing a Balance Sheet
- Identify the Key Sections of a Balance Sheet
- Describe How the Financial Statements Tie Together
- Journalize Transactions Appropriately
- Complete a Simple Balance Sheet Using the Accounting Process
Course delivery details
- Online Schedule
- 4 Sessions Available
Costs
- $279.00 Non Members
- $249.00 AMA Members
- $236.00 GSA
Certification / Credits
CEU: 0.2, PMU: 2
During this course, you’ll benefit by:
- Understanding the accounting equation and the relationship among its components
- Learning how various business transactions affect financial statements
- Describing accrual basis accounting and differentiating between accounting profit and cash flow
- Describe the purpose of and terminology associated with the following financial statements: income statement or profit and loss statement (P&L), balance sheet, statement of retained earnings and cash flow statement
American Management Association Company Info
The American Management Association, International (AMA) is the global leader in talent development. Founded in 1923, AMA supports the goals of individuals and organizations through a complete range of educational products and services, including instructor-led classroom and virtual seminars, webinars,...