Accounting For Non Accountants : Debit, Credits And Financial Statements

Accounting for non-accountants starts with the ledger. This 60-minute webinar explains how the parts of the financial ledger fit within your organization's accounting and reporting structure, and how debits and credits flow through to the financial statements.

You'll cover the basics of financial accounting and its conceptual framework, the divisions of the ledger, and how to read a balance sheet, a statement of cash flows and the other financial statements.

The goal is practical: to help managers who aren't accountants understand the numbers behind the decisions they make every day.

• Explain the basics of financial accounting and its conceptual framework
• Describe the divisions of the ledger and how debits and credits are recorded
• Read a balance sheet and a statement of cash flows
• Use financial statements to support operational decisions

• Financial accounting
• The conceptual framework
• Balance sheets, cash flows and financial statements
• Divisions of the ledger

Corporate decisions depend on a sound understanding of financial records, so managers outside accounting must be able to read financial statements and interpret them before they make operational choices. This session builds that skill from the ledger up.

The session suits internal auditors, financial managers, purchasing and procurement managers, and operational managers.

• Internal Auditors
• Financial Managers
• Purchasing and Procurement Managers
• Operational Managers

Richard E. Cascarino, MBA, CIA, CISM, CFE, CRMA Well known in international auditing, Richard is a principal of Richard Cascarino & Associates based in Colorado, USA and Johannesburg, South Africa with over 32 years of experience in audit training and consultancy. He is a regular speaker at National and International conferences and has presented courses throughout Africa, Europe, the Middle East, and the USA. Richard is a Past President of the Institute of Internal Auditors in South Africa, was the founding Regional Director of the Southern African Region of the IIA-Inc, and is a member of ISACA, and the Association of Certified Fraud Examiners, where he was a member of the Board of Regents for Higher Education.

Richard was Chairman of the Audit Committee of Gauteng cluster 2 (Premier's office, Shared Services, and Health) in Johannesburg and is currently the Chairman of the Audit and Risk Committee of the Department of Public Enterprises in South Africa.