Basic Accounting and Finance for Medical Doctors and Allied Healthcare Practitioners

Date Format Fees  
30 Jan - 02 Feb, 2024 Classroom ₦285,000 Register
04 Jun - 07 Jun, 2024 Classroom ₦285,000 Register
24 Sep - 27 Sep, 2024 Classroom ₦285,000 Register
30 Jan - 02 Feb, 2024 Classroom ₦285,000 Register

Event Details

At end of this workshop, participants will

  • Understand the basic areas of accounting and finance, the terminology and the structure
  • Learn a range of practical analytical skills for interpreting and handling financial information
  • Understand the key mechanics of accounting in the context of a practical working environment
  • Be more confident about dealing with financial information, particularly when reviewing your company or others’ financial data
  • Be able to read and confidently interpret complex information presented in financial reports
  • Enhance decision support skills



Understanding Different Types of Financial Information
  • The different types of financial information
  • The flow and hierarchy of information in a company regulated and non-regulated information
  • Distinguishing different types of information and what it is derived from
  • Basic accounting terminology explained
  • The significance of different accounting terms
  • Reporting formats and opportunities to enhance their effectiveness
The Cash Cycle
  • Cash versus profit
  • The flow of money in and out of a company
  • How this is managed and controlled
  • Customers & Suppliers: the collection and payment processes
  • Basic cash flow statements – creating it and using it to interpret performance
Inventory and Fixed Assets
  • How to establish the value of a companies’ inventory
  • Different methods of valuation
  • How fixed assets are recorded
  • Asset lives and depreciation choices
  • The physical verification of assets
  • Firm value vs book value
  • Ratios to measure asset effectiveness
Financial Statements
  • Understanding the composition of the income statement (profit & loss account)
  • Computing profitability, liquidity and gearing ratios
  • The statement of Affairs explained
  • Interpreting results and making comparisons between companies
Costing and Budgeting
  • How we classify costs and set standards
  • Different costing methods used in business
  • Using cost information to determine break-even profitability points
  • Basic forecasting techniques
  • Comparing actual performance against budget- variance analysis



Relevant Healthcare Practitioners



The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.


  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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