Understanding the Fundamentals of Accounting
Overview
This intensive and practical two-day course provides delegates with a robust introduction to the Accounting process.
Who should attend
Staff with little or no prior knowledge of accounting principles and bookkeeping; new entrants to the profession and those in need of a refresher.
Course objectives
By the end of this course, you will be able to:
- Gain a thorough knowledge of the key accounting principles and concepts
- Develop bookkeeping skills
- Produce working papers to a required standard
- Become familiar with financial statements
Course content
What is accounting?
- Why and how accounts are produced
- Golden rules: assets, liabilities
Understand Basic Accounting Concepts
- Double entry bookkeeping
- Cash books and bank reconciliation
- Day books and ledgers
- Manual and computerised systems
Analyse the Steps Required to Complete a Set of Accounts
- Dealing with missing information
- Recording work done
- Calculating month and year end adjustments
- Setting provisions for risk and depreciation
- Analytical review
- The trial balance
- Putting together and reviewing the final accounts
Prepare Financial Statements
- Main requirements
- Linking day-to-day transactions and financial statements
Duration
Two day workshop
$965.00 +GST per person
Training Delivery Options
- Single public program booking (two day workshop)
- Price for in-house program available on request
- One on one or small group corporate coaching available
Please contact Katrena Friel at BSI Learning on 02 9993 0703 to discuss your program needs.