• Business Process and Accounting
  
• Revenues, Liabilities and Owners Equity
  
• Costs – Assets and Expenses
  
• Developing Cost Estimates for Operating Overhead Costs
  
• Developing Cost Estimates for Labour Costs
  
• Planning Revenue Generating Activity Levels – (HOURS)
  
• Calculation of Labour Charge out rates
  
• Break-even and Profit Planning
  
•  Understanding Revenues & Expenses and their drivers. 
  

Financial statements prepared using accounting rules are required by many stakeholders, including owners, creditors, government etc. This presentation has as its objective the development of accounting knowledge so as to be able read and interpret financial statements.

Overall, you will gain an understanding of the how accounting information provides a valuable insight into business operations. You will be able to utilise this knowledge to analyse and investigate business operations.

Facilitator overview: Greg Pazmandy is a senior lecturer in accounting at UTS specialising in the areas of business analysis and valuation. His research interests include capital markets and corporate governance issues.

An understanding of accounting terminology and the information products generated by the accounting system is a fundamental requirement for business professionals as accounting:

• Is the measurement language used in all aspects of commercial, government and not for profit sector operations

• Processes are supported by regulations in the form of standards as well as legislative pronouncements that underpin the preparation and presentation of financial reports
• Knowledge of the information content of financial reports provides the fundamental knowledge required for the operating, investing and financing activities of business organisations.

Reading and Interpreting Financial Statements

• What is the relationship between business and accounting?
• Business – Physical and Financial Aspects
• Are there rules and regulations covering the preparation of accounting reports?
• Accounting language – what are the five “5” most common terms?
• What is an accrual and how do they impact on business?
• How do I investigate a business organisation using financial statements?

This practical course will develop participant skills to:

• Be comfortable with reading financial reports
• Be familiar with finance and accounting terminology
• Understand the impact of transactions on the financial performance, financial position and cash flows of a business
• Use financial reports to generate business intelligence
• Gain insight into how financial statements are prepared
• Use financial analysis tools to identify the strengths, weaknesses and risks of a company
• Use financial statements to gain a more meaningful insight into a business from a stakeholder perspective, be it owner, government, creditor, etc.

•  Determining the role of your client in an investigation; 
• Advising about notices to produce documents; 
• Preparation for and attendance at section 19 examinations; 
• Advising clients about the timing of and possible publicity arising from an ASIC investigation; 
• Negotiating enforceable undertakings; and Making complaints to ASIC.

As we know, the PPS Act commenced on 30 January 2012. Our new personal property securities (PPS) regime represents one of the most significant changes to property and securities law in Australia for many years. The PPS Act literally transforms the way personal property is dealt with in relation to security interests.

Many legal commentators have described this area of case law as a minefield. As we continue to experience an expanding body of PPS case law, many lawyers share this view.

This course will present an exercise you do with your team, focusing on the key communication skill of listening. By completing this course, you will help you team know how well they listen to their co-workers and peers.

This course will teach you how to distribute information in a way that makes it easy for everyone to have what they need when they need it. By completing this course, you will know how to ensure your team gets the right information at the right time