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Course Description

  • Why should managers understand accounting?
  • Accounting concepts
  • Timings of receipts and payments
  • Calculation of the gross profit and gross profit margin

  • Why should managers understand accounting?
  • Accounting concepts
  • Timings of receipts and payments
  • Calculation of the gross profit and gross profit margin

Additional Information

Target audience

  • Those who wish to understand the implications of decisions made across a range of financial accounting issues.
  • Those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context.
  • Those who wish to acquire a sound appreciation of accounting and finance in order to communicate and succeed in the business world.
  • Non-accounting staff who desire a practical introduction to the fundamentals of financial accounting.

Learning outcomes

Upon completion of this course, you will be able to understand:

  • The purpose of accounting.
  • Why non-accountants need tounderstand accounting.
  • The basic terminology of business transactions.
  • How to prepare a cash budget.
  • The gross profit margin of a product and business.

Target audience Those who wish to understand the implications of decisions made across a range of financial accounting issues. Those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context. Those who wish to acquire a sound appreciation of accounting and...

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