An Interactive 5-Day Training Course
Accounting for Non-Accountants
Understanding how Accounting Supports our Business Activities
Course Overview
This GLOMACS Accounting for Non-Accountants training course provides a comprehensive introduction to the role of accounting in supporting and informing all business decisions throughout the organization. It is designed for those who access, use, and rely upon accounting information, but do not have accounting training or background. This training course will give you access to the world of accounting, from basic principles, using plain language.
Those who attend this Accounting for Non-Accountants training course will gain a clear understanding of the structures of the accounting system, the information it contains, and how it can be accessed. You will learn, from numerous practical examples and illustrations, how the information on business transactions and activities, input to the accounting system is used throughout the organization. You will understand how accounting provides essential support to routine operations, decision making, and effective business control.
The highlights of this training course will be:
- The structure of the accounting system
- Preparing truthful and realistic financial statements
- Analyzing financial statements to evaluate a business
- Establishing the costs of products and operations
- Preparing budgets to implement our strategic plans
Training Outline
DAY 1: Introduction to Accounting and Accounting Systems
- Why Accounting is Important?
- The Basics of Financial Accounting
- The Double-entry Accounting Method
- Developing the Accounting System for Large-scale Application
- Recording Entries in the Accounting System – A Case Study
- Control Systems and Reconciliations
- Adjusting for Depreciation and Inventory
- Preparing the Income Statement and Balance Sheet
DAY 2: Preparing Accounting Statements
- Types of Business Entity
- The Structure and Format of Accounting Statements
- Understanding Depreciation and How it is Calculated
- Adjusting for Amortization and Impairment
- Identifying and Valuing Inventory
- Accounting for Sales Taxes and Profit Taxes
- Recognizing Revenue
- Preparing the Cash Flow Statement
DAY 3: Financial Reporting – Applying the Standards
- The Importance of Financial Reporting Standards
- The Financial Reports of Listed Public Companies
- Finding Useful Information in the Annual Financial Report
- What are Group Financial Reports?
- Preparing a Simple Group Balance Sheet
- Interpreting the Financial Statements using Common-size Analysis
- Interpreting the Financial Statements using Ratio Analysis
- Where to Find Published Analysis on Companies
DAY 4: Management Accounting – Data Analysis for Decision Making
- The Purpose of Management Accounting
- Responsibility Accounting
- Collecting and Classifying Costs
- Preparing Product and Service Cost Summaries
- Absorption Costing vs. Activity-Based Costing
- Separating Fixed and Variable Costs
- Break-even Analysis and Applications
DAY 5: Preparing and Using Budgets – for Efficiency and Profitability
- Budgets and Budgetary Control
- Developing the Annual Budgets
- The Benefits and Limitations of Budgets
- Preparing Functional Budgets
- Preparing a Cash Budget
- Alternative Budgeting Methods
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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