Financial Management for Office Staff

Overview Objectives Audience Methodology Contents Certificate FAQ's

Course Overview

This highly interactive training course provides an introduction to the finance and accounting for office administrators and secretaries who have no prior knowledge of this business area. It is designed to train the participants to support operational and financial processes. Participants will gain a clear understanding of the essential terminology of finance and accounting. They will also learn the principles and techniques of accounting systems through practical examples and exercises.

The overall aim of the Financial Management Skills for Office Administrators & Secretaries training course is to ensure that the participants will be able to perform more effectively and efficiently within the workplace.

Important Features

The important features of Financial Management Skills for Office Administrators & Secretaries are :

The basic principles of accounting clearly explained
Knowledge and confidence in accounting for a range of business transactions will be developed by using straightforward worked examples
Simple but effective tools for analysing your business performance and position
Basic cost accounting principles that help to ensure your business is efficient and profitable
How and why the use of budgets can help to achieve overall business targets and objectives

Learning Objectives

Appreciate the importance of the accounting and finance function, and how it links with every part of the organisation, and its suppliers, customers, shareholders, lenders, and society in general
Understand commonly used finance and accounting terminology thereby allowing them to make a valuable contribution to the workplace in meetings or in a supportive role
Understand the principles of accounting for routine business transactions
Be able to summarise the results of business transactions over a period of time, and prepare simple financial statements, including the Income Statement, Balance Sheet and Cash Flow Statement
Be able to analyse and compare company performance using basic ratios
Understand how costing and budgeting techniques can help the company to maintain efficiency and profitability

Target Audience

Secretaries
Office administrators
Personal assistants, and executive assistants
Administrative professionals and support staff
Anyone wishing to increase or update their awareness and understanding of finance and accounting methods and terminology

Training Methodology

The Financial Management Skills for Office Administrators & Secretaries training course is highly interactive. Participants will be working with case exercises and solving problems. They will be encouraged to make the link between the training room and their office and organisation. The course will utilise a range of learning methodologies, including short presentations with opportunity for question and answer, exercises and mini cases to develop knowledge and skills, and group discussions where participants can share their opinions and experiences with your fellow delegates.

Pre & Post course assessments will be used to measure the effectiveness of this training.

Course Contents

Module 1 - Introduction to Finance and Accounting

Key Topics

What is accounting? What is finance?
What are the major sources of Long-term and Short-term finance?
What is Financial Accounting?
What is Management Accounting?
Simple rules of double-entry bookkeeping that can be applied to all financial transactions
How to record the things you buy and the things you sell
How to record business payments and receipts
What is depreciation? explanation of the various methods and their impact on profit

Module 2 - The Financial Statements

Key Topics

How to prepare basic financial statements – the Income Statement and the Balance Sheet
The key elements of financial statements defined and explained
How is the profit calculated?
The difference between revenue & capital expenditure
Assets -current and non-current
Liabilities – current and non-current
The meaning of working capital
Company net worth
Profit or cash – what is the difference?

Module 3 -Basic Evaluation of Financial Statements

Key Topics

Why do we need to evaluate financial statements?
Who are the stakeholders and what are their information needs?
How to – common-size- financial statements for ease of comparison
How to calculate accounting ratios
How to use ratio analysis to assess performance
Profitability ratios
Liquidity ratios
Operating efficiency ratios
Gearing ratios
The Cash Flow Cycle and Working Capital
Valuing a company -Book Value versus Market Value

Module 4 -Introduction to Costing Systems

Key Topics

Collecting and analysing costs
Types of cost analysis: by type, by location, by behaviour, by purpose
What are overheads, and how should we analyse them?
What is the Cost of Production – Marginal and Total Costing explained
What is inventory, and how does it affect the cost of production?
Methods of valuing inventory – FIFO, LIFO, and AVCO explained
Marginal Costing -how costs and profit vary with volume
How to measure the break-even point and the margin of safety
What-if Analysis

Module 5 -Budgets

Key Topics

Why do we need budgets? – the link between corporate strategy and operations at all levels of the organisation
The benefits & limitations of budgets
The key features of budgets
Basic budget forecasting techniques
How to prepare a departmental budget
Comparing actual performance with the budget – Variance Analysis
Do budgets motivate or de-motivate?

Classroom Session

Dubai

16 - 20 Nov 2026

$5,600

Dubai

18 - 22 Jan 2027

$5,600

Istanbul

15 - 19 Feb 2027

$5,950

Lisbon

01 - 05 Mar 2027

$5,950

Dubai

24 - 28 May 2027

$5,600

Dubai

09 - 13 Aug 2027

$5,600

Dubai

15 - 19 Nov 2027

$5,600

More Schedules

Online Session

Duration: 2 Hrs X 8 Days

Starting Date

12-Apr-2027

$3,500

Starting Date

16-Aug-2027

$3,500

Starting Date

11-Oct-2027

$3,500

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Certificate

Upon successful completion of this training, participants will receive a PROMISE Certificate of Completion.

Certificate

Upon successful completion of this training, participants will receive a PROMISE Certificate of Completion.

testimonials

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An exceptional learning experience. This stands out as one of the most comprehensive and well-structured courses I have encountered in my career.