This course is about collecting and recording financial transactions relating to business and interpreting those transactions. On this course, participants will learn the basic accounting principles, accounting concepts, and accounting terminology that will enable them to communicate, interpret and follow accounting matters relevant to today’s business environment. We will also explore financial and management accounting. Accounting statements, the double-entry concept, the income statement and balance sheet as well as assessing accounting statements for financial performance.
Who should attend?
This course is suitable for anyone; junior, middle or top management and individuals who are looking for a firm grounding in the fundamentals of accounting.
• Entrepreneurs
• Operations personnel
• Specialized function managers
• General Managers of small and medium enterprises.
• Government and Non- governmental organisations
Benefits
At the end of this course, participants should be able to distinguish between financial accounting and management accounting, construct a trial balance after post transactions into journals and ledgers, prepare basic accounts of an entity for a range of users, explore the interrelationships between a statement of profit and loss and statement of financial position, then analyze financial statement using ratios on the financial performance and position of an entity.