Fundamentals of Finance & Accounting for Admin. Professionals

Fundamentals of Finance & Accounting for Admin. Professionals




  • Explain Basic Accounting Concepts, Terminology and Processes, and the Relevance to a Business Department
  • Explain the Components of an Annual Report
  • Analyze a Set of Financial Statements to Evaluate the Business’ Financial Health
  • Differentiate the Financing Options Available to a Business and Situations Where Each Might Be Used  


Who Should Attend

  • Administrative assistants, secretaries, executive secretaries and other administrative professionals working with managers or executives who handle financial matters.



course summary 

We focus on the practical application of concepts and ideas. Experiences from real business situations and decisions will be used to bring concepts to life.Delegates are requested to bring copies of their organization’s accounts together with internal financial reports that they work with.



Understanding the Key Financial Statements and Their Significance

  • State the Purpose of and the Interrelationship Among:

o   Income Statement

o   Balance Sheet

o   Retained Earnings Statement

o   Cash Flow Statement

  • Define the Key Components of Each Statement

Understanding the Accounting Process

  • Define the Five Types of Accounts

o   Asset

o   Liability

o   Equity

o   Revenue

o   Expense

  • Explain the Accounting Process from transaction Entry to Closing the Books
  • State the Significance of Double-Entry Accounting
  • Determine the Impact of Different Types of Transactions on the Accounting System

Understanding the Components of an Annual Report and Auditor’s Role

  • Describe the Differences in Financial Reporting for Public, Private, Not-for-Profit, and Government Organizations
  • Differentiate Among the Different Types of Audits
  • State the Role of the External Auditor in the Financial Reporting Process
  • Evaluate the Different Sections in an Annual Report and Discuss the Significance of Each

Evaluating an Organization’s Financial Statements

  • Discuss the Varying Reasons for Statement Analysis and Their Impact on the Process
  • Calculate Commonly Used Financial Ratios
  • Evaluate the Financial Health of a Business in the Areas of Liquidity, Leverage and Profitability

Financing the Business

  • Discuss the Role of Leveraging in Improving Return to the Shareholders
  • Discuss the Role of Short-Term Financing in Meeting an Organization’s Financial Needs
  • Differentiate Between the Various Long-Term Financing Alternatives and Understand Their Impact on the Business
  • Identify Appropriate Financing Alternatives from Different Types of Business Needs

Budgeting More Effectively

  • Explain the Purpose of a Budgeting System and Provide an Overview of the Entire Process
  • Differentiate Among Commonly Used Budgeting Systems
  • Budget for Common Expense Categories
  • Analyze Budget Variances as to Their Significance and Cause



A Certificate of Completion will be issued to those who attend & successfully complete the programme.


  08:30 – 10:15 First Session

 10:15 – 10:30 Coffee Break

10:30 – 12:15 Second Session

 12:15 – 12:30 Coffee Break

12:30 – 14:00 Third Session

 14:00 – 15:00 Lunch

Training Methodology:

This interactive training course includes the following training methodologies as a percentage of the total tuition hours:

  • 30% Lectures, Concepts, Role Play
  • 30% Workshops & Work Presentations, Techniques
  • 20% Based on Case Studies & Practical Exercises
  • 20% Videos, Software & General Discussions
  • Pre and Post Test


 The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack is: