Accounting Skills for the New Supervisor Courseware and Training Materials

What's included?
What’s included?
Available for delivery as a download from our web server or provided on CD, this courseware package includes the following resources to make your trainer’s life much, much easier.

This courseware package includes:

	Student Manual. Fully customisable. May be opened in any wordprocessor and changed to meet your exact needs.
	Trainer manual. Fully customisable with additional information for trainers.
	Ice breakers and class activities. Fully customisable. Delivered as a folder full of activities for your students.
	Pre-assignment exercise. Fully customisable. Helps to reinforce the delegates understanding of the course contents.
	Content overview. Fully customisable. Comprehensive course overview to help you market your course to your customers.
	PowerPoint presentations. Fully customisable. Complete set of PowerPoint slides for use by the trainer.
	Sales information sheets. Fully customisable. Information sheets to help you sell your course to your employees or external customers.
	Additional reading… Fully customisable. Give your students some recommended further reading materials for this course.

To get started, just open this ‘Accounting Skills for the New Supervisor’ training courseware in your favourite word processor. You can fully customise the materials to suit your exact learning needs and include your own branding. Your own tailor-made course, delivered ‘off-the-peg’ and saving you thousands of pounds in development time and man-hours. Just press print and the perfect learning experience is yours to deliver.

Course outline
Course outline

Introduction

Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you’re going to succeed in today’s business world, particularly as a manager. Even better, financial terms are not as scary as they seem! Finance is the art of raising, managing, and making money. Accounting, on the other hand, is the methodology used to record the transactions and prepare financial statements and reports. In a management or supervisor’s position, it is essential to know the differences between accounting concepts.

Over the course of this two-day workshop, participants will learn:

• 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

Target audience

Our courseware is primarily purchased by five types of trainer; HR managers, corporate trainers, private training firms, educational institutions, or private consultants. The target audience varies on the instructor and the type of training required by a particular organization.

The students for this course are usually training staff or managers involved in training.

Prerequisites

No previous experience or training in Accounting Skills for the New Supervisor is required, though students should possess basic numeracy and literacy and ideally have a basic understanding of using computers and software applications, such as Microsoft Word.

Course contents

• Introduction and Course Overview You will spend the first part of the day getting to know participants and discussing what will take place during the workshop. Students will also have an opportunity to identify their personal learning objectives.
• Getting the Facts Straight The first session will go over basic financial terms. Then, participants will explore their role in company finances as well as important players in an organization’s finances. To wrap up the session, participants will receive some resources for learning about the governing organizations in their area.
• The Accounting Cycle Next, participants will learn about the four phases of the accounting cycle. They will also learn about key underlying concepts, including cash vs. accrual methods of accounting.
• The Key Reports In this session, participants will take a close look at balance sheets and income statements. They will also review cash flow statements and statements of retained earnings. The session will conclude with a review activity.
• Keeping Score This session will explain the chart of accounts and single vs. double entry accounting.
• A Review of Financial Terms Day Two will start with a review exercise and an introduction to some additional financial terms.
• Understanding Debits and Credits This session will de-mystify two terrifying accounting terms: debits and credits.
• Your Financial Analysis Toolbox This session will give participants some sources for financial data as well as tips on weeding out useless information. We’ll also cover how to calculate common ratios, how to read an annual report, and some useful decision making tools.
• Identifying High and Low Risk Companies In this session, participants will learn about some guidelines for identifying high and low risk companies. Then, they will practice these guidelines in a case study.
• The Basics of Budgeting Next, participants will learn what a budget is, how their budget should fit into the big picture, and what the budgeting process should look like.
• Working Smarter This session will give participants a basic checklist of computer skills required for success. We’ll also talk about how to choose an accounting package.
• People and Numbers Dealing with finances isn’t all numbers. What if an employee’s expense report doesn’t look correct? Or what if you have to make cuts to someone’s pay? Participants will examine each situation in small groups, and then provide some tips on what to do.
• Workshop Wrap-Up At the end of the day, students will have an opportunity to ask questions and fill out an action plan

FAQs

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