Elearning Online Training Courses

Accounting Skills for Supervisors

 


TARGET AUDIENCE & PURPOSE

This Accounting Skills for Supervisors Course is designed to provide supervisors the needed accounting skills at the supervisory level.

OBJECTIVES

This session will teach
  • The art of finance and financial management
  • Key financial terms
  • Their role in company finances
  • Where to find the rules and regulations for their area and industry
  • Various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
  • How a chart of accounts is created
  • Cash and accrual accounting
  • Single and double entry bookkeeping
  • Debits and credits
  • Identifying and analyzing important financial data
  • Making financial decisions
  • Reading annual reports
  • Determining whether a company is financially high or low risk
  • Different types of organizational financial plans
  • What budgets are and how to prepare them
  • What computer skills they need to make you a financial whiz
  • Dealing with financial situations that impact the people that work for them

Terms like depreciation, cash flow, balance sheet, and budgets may make us cringe, however, these are all necessary to understand if you wish to succeed. This session will help understand the basics and not so basic areas of accounting.

  • Understand the value of meetings as a management tool;
  • Recognize the critical planning step that makes meeting time more effective;
  • Identify process tools that can help create an open and safe forum for discussion;
  • Develop and practice techniques for handling counterproductive behavior.