تفاصيل الدورة
Contents to be coveredMeaning, Definition and Objectives of Accounting
Characteristics of Accounting
Functions of Accounting, Advantages & Limitations of Accounting
Systems and Bases of Accounting
Accounting Process
Practice Session
Chart of Accounts
Industry Specific Accounting-Manufacturing, Contracting etc
Purchase Accounting, Sales Accounting & Payroll Accounting
Accounting Cycle & Golden Rules of Accounting & their application
Financial Statements, Components and its'
… + المزيدتفاصيل الدورة
Contents to be coveredMeaning, Definition and Objectives of Accounting
Characteristics of Accounting
Functions of Accounting, Advantages & Limitations of Accounting
Systems and Bases of Accounting
Accounting Process
Practice Session
Chart of Accounts
Industry Specific Accounting-Manufacturing, Contracting etc
Purchase Accounting, Sales Accounting & Payroll Accounting
Accounting Cycle & Golden Rules of Accounting & their application
Financial Statements, Components and its' Users
Working Capital Calculation
Bank Reconciliation
Inventories Valuations
Break-Even and Payback period calculation
Preparation of TB, P/L A/c, Balance Sheet, Cash Flow Financial Statement Analysis
Content / SyllabusCourse Outline:
1. Accounting Foundations:
- Debit & Credit Rules: Master the double-entry system.
- Accounting Concepts: Understand key principles and assumptions.
- Bases of Accounting: Learn the differences between Cash and Accrual Accounting.
2. Financial Statement Components:
- Key Items: Assets, liabilities, equity, income, expenses, losses, and gains.
- Measurement & Presentation: Understand receivables, payables, inventories, fixed assets, and depreciation.
3. Accounting Process:
- Transaction classification and event recognition.
- Types of entries, vouchers, and ledgers.
- Preparing:
- Trial Balance
- Profit & Loss Account
- Balance Sheet
- Cash Flow Statement
- Linking Financial Statements: Use Excel formulas for efficient integration and analysis.
4. Budgeting & Costing:
- Sales, production, materials, and expense budgets.
- Profit and Loss, Balance Sheet, and Cash Flow analysis.
- Introduction to:
- Manufacturing & Contracting
- Product Costing
5. Inventory Management:
- Valuing inventories/stocks and calculating the Cost of Goods Sold (COGS).
- Profit and markup percentage calculations.
6. Banking & Revenue Recognition:
- Bank reconciliation and understanding various banking facilities.
- Revenue recognition policies across industries.
7. Financial Analysis Tools:
- Break-Even Analysis: Calculate fixed, variable, direct, and indirect expenses.
- Payback Period: Estimate investment recovery time.
8. Practical Applications:
- Case studies: Prepare full financial statements from scratch.
- Introduction to financial ratios for performance analysis.
تحديث بتاريخ 02 January, 2025 - أقل
