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Fact Sheet
1 Days/Classroom
Course Aim
A 1-day workshop with an understandable practical approach to the basic principles of accounting, by working through examples and discussing practical experiences the learners get to understand the reasons and procedures of accounts. This is also a “refresher” course for accounting staff to enable them to see accounting as a composite system, and not just a fractured departmental stand alone section. Understanding the fundamentals of basic accounting in the workplace, and how the different departments integrate to produce the financial statements of the business.
Outcome
· Basic Accounting
· Journals · Double Entry
· Trial Balance through financial statements
· Income Statement
· Cash Flow Statement
· Balance Sheet
· Source Documents
· Ledgers and Posting
Who should attend?
· Accounting staff
· Debtors clerks
· Creditors clerks
· Stock controllers
· Project Managers
Workshop Programme
· Basic concepts of what accounting is, the background of accounting and the general rules
· GAAP. What this means
· Forms of Business Ownership and Organisations
· The concepts of transactions and source documents
· Understanding accounts
* Accounting Concepts
* Accounting Process
* Transactions
* Accounts
* Double entry
· Trial Balance How to close off accounts and extract financial information in terms of
* The Balance Sheet
* The Income Statement
* Understanding of the above financial Statements
* Basic Costing Principles:
' Fixed Costing
' Variable Costing
* Introduction to Budgeting
' Where does the budget come from
' How to do a budget
' The cash budget
· Exam.
· Course Evaluation and Closure.
Related Courses:
Office Effectiveness
Effective Financial Management for Non Financial Managers.
1 Days/Classroom
Course Aim
A 1-day workshop with an understandable practical approach to the basic principles of accounting, by working through examples and discussing practical experiences the learners get to understand the reasons and procedures of accounts. This is also a “refresher” course for accounting staff to enable them to see accounting as a composite system, and not just a fractured departmental stand alone section. Understanding the fundamentals of basic accounting in the workplace, and how the different departments integrate to produce the financial statements of the business.
Outcome
· Basic Accounting
· Journals · Double Entry
· Trial Balance through financial statements
· Income Statement
· Cash Flow Statement
· Balance Sheet
· Source Documents
· Ledgers and Posting
Who should attend?
· Accounting staff
· Debtors clerks
· Creditors clerks
· Stock controllers
· Project Managers
Workshop Programme
· Basic concepts of what accounting is, the background of accounting and the general rules
· GAAP. What this means
· Forms of Business Ownership and Organisations
· The concepts of transactions and source documents
· Understanding accounts
* Accounting Concepts
* Accounting Process
* Transactions
* Accounts
* Double entry
· Trial Balance How to close off accounts and extract financial information in terms of
* The Balance Sheet
* The Income Statement
* Understanding of the above financial Statements
* Basic Costing Principles:
' Fixed Costing
' Variable Costing
* Introduction to Budgeting
' Where does the budget come from
' How to do a budget
' The cash budget
· Exam.
· Course Evaluation and Closure.
Related Courses:
Office Effectiveness
Effective Financial Management for Non Financial Managers.