Centre for Professional Development and Lifelong Learning

Accounting and Finance

CPDLL’s suite of accounting and finance short courses, offers you access to some of the most current and relevant accounting and finance content. Whether you are pursuing your ACCA certification or looking for opportunities to progress in your career in the accounting and finance arena; with courses like Advanced Financial and Retirement Planning, and Applied Credit Scoring using Matlab and Python, you are guaranteed to benefit from highly practical and easily transferable knowledge, developed and delivered by industry experts.

Accounting and Finance

Finance for Non-Finance Managers

Overview

This course was designed to demystify and clarify finance and accounting jargon and concepts in a manner that allows non-financial professionals to comprehend. These interactive face-to-face sessions will provide delegates with an understanding of how their departmental decisions could drive or negatively impact their organisation’s growth. The active involvement of delegates in training room exercises and activities will help to facilitate learning and success in the workplace.

Mode of Delivery: Face-to-Face

What will I Learn?

On successful completion of the course, delegates will be able to:

  • Discuss role that accounting information plays in decision making;
  • Explain the importance of accounting, finance and being able to interpret financial statements;
  • Analyse core financial statements;
  • Interpret the results of financial statement analyses and its implications for the organisation;
  • Identify the nature and purpose of managerial reports;
  • Interpret and apply financial management concepts;
  • Describe how managers use managerial reports to monitor and control key expenses and revenues and to evaluate performance;
  • Explain the importance of financial and non-financial information in the decision-making processes of managers;
  • Utilise strategic management tools to assess the business environment.

Who Should do this Course

Managers, Supervisors, Entrepreneurs, department heads within organisations and other professionals who are interested in utilising financial information for better decision making.

At a Glance

  • Admissions Term: 2019/2020 Semester II
  • Date: Postponed until further Notice
  • Time: Thursday and Friday, 8:30 a.m. – 5:00 p.m
  • Duration: 2 Days (15 hours)
  • Certificate Awarded: Professional Development Certificate of Competence
  • Course Code: PDLL087
  • Capacity: 24
  • Cost: BDS $2050/ US $1025

The following topics and concepts will be addressed:

  1. Understanding the Business Environment
  2. The Context and Regulatory Environment of Accounting and Reporting
  3. Understanding the preparation of three key Financial Statements – Statement of Comprehensive income, statement of financial position and statement of cash flows.
  4. The accounting cycle and internal controls
  5. Analysing Financial Statements using ratios, common size statements and comparative statement analysis. 
  6. Accounting information and decision making – operating decisions, marketing decisions and long-term decisions

This course will be delivered face-to-face and will include lectures, case studies, in session discussions and practice exercises

Dr Donley Carrington is a Lecturer in Accounting at the University of the West Indies, Cave Hill Campus in the Department of Management Studies. He obtained his PhD. from University of Hull, United Kingdom.
 
Dr Carrington is a trained teacher and a graduate of the University of the West Indies with a first class honours degree in Accounting, he holds an MBA from Iowa State University in the USA, as well as the CMA (USA) designation. His awards and scholarships include the KPMG Peat Marwick Accounting Award (1989); the Victor Cooke Accounting Award (1990) and a Fulbright Scholarship (1992-1994).
 
Dr Carrington’s research interests include – Costing Systems for Developing Countries, Strategic Financial Management and Cost and Management Accounting in the Hospitality Industry and Human Resource Accounting. His PhD thesis was “an exploratory study of Intellectual Capital in the hospitality industry in the Caribbean”. Dr Carrington has developed a number of accounting systems for small businesses.
Dr Carrington is a member of the Institute of Certified Management Accountants of America, Member of the Anglican Church Synod Council, Member of the Anglican Church Finance Committee, Synod Representative and Treasurer of the Church of the Holy Innocents, and Panel Convener for CXC's Caribbean Advanced Proficiency Examination in Accounting. Dr Carrington has been lecturing for the Cave Hill School of Business, formerly Centre for Management Development, for several years. He has lectured on both the Executive Diploma in Management and Executive Masters in Business Administration programmes.