Basic Accounting Course Bright Future Training Institute
Explanation of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology. Once you become familiar with some of these terms and concepts, you will feel comfortable navigating through the explanations. Basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits and credits as we show you how to record transactions. You will also see why two basic accounting principles, the revenue recognition principle and the matching principle, assure that a company's income statement reports a company's profitability.
What will I learn?
In this explanation of accounting basics, and throughout all of the free materials and the PRO materials—we will often omit some accounting details and complexities in order to present clear and concise explanations.
In this explanation of accounting basics, and throughout all of the free materials and the PRO materials—we will often omit some accounting details and complexities in order to present clear and concise explanations.
A. Introduction to Accounting (Fundamentals)
- Introduction to Accounting
- The Five Major Types of Accounts
- Assets Definition and Examples
- Liabilities Definition and Examples
- Capital Definition and Examples
- Expenses Definition and Examples
- Revenue / Income Definition and Examples
B. Two Main Categories of the Major Five types
- Explain the concept of T-accounts
- Rules of Debit and Credit
C. Accounting Cycle
- General Journal Entries
- Journal Ledger Preparation
- Trial Balance Preparation
- Trading Account Preparation
- Profit and Loss Account Preparation
- Balance Sheet Preparation
- Assignments for Practical
Target Audience:
This course is intended for anyone interested to go to English speaking country for:
- Higher studies or seeking enrollment in universities.
- Immigration into Canada, Australia, UK and USA
- Work permit or a professional job.
This course is no longer available.
Course details
Explanation of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology. Once you become familiar with some of these terms and concepts, you will feel comfortable navigating through the explanations. Basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits and credits as we show you how to record transactions. You will also see why two basic accounting principles, the revenue recognition principle and the matching principle, assure that a company's income statement reports a company's profitability.
What will I learn?
In this explanation of accounting basics, and throughout all of the free materials and the PRO materials—we will often omit some accounting details and complexities in order to present clear and concise explanations.
In this explanation of accounting basics, and throughout all of the free materials and the PRO materials—we will often omit some accounting details and complexities in order to present clear and concise explanations.
A. Introduction to Accounting (Fundamentals)
- Introduction to Accounting
- The Five Major Types of Accounts
- Assets Definition and Examples
- Liabilities Definition and Examples
- Capital Definition and Examples
- Expenses Definition and Examples
- Revenue / Income Definition and Examples
B. Two Main Categories of the Major Five types
- Explain the concept of T-accounts
- Rules of Debit and Credit
C. Accounting Cycle
- General Journal Entries
- Journal Ledger Preparation
- Trial Balance Preparation
- Trading Account Preparation
- Profit and Loss Account Preparation
- Balance Sheet Preparation
- Assignments for Practical
Target Audience:
This course is intended for anyone interested to go to English speaking country for:
- Higher studies or seeking enrollment in universities.
- Immigration into Canada, Australia, UK and USA
- Work permit or a professional job.
Course Location
About Bright Future Training Institute
Who We Are?
BRIGHT FUTURE ushers every human being to acquire the knowledge,skills, attitudes and values necessary to shape up a promising and sustainable future. We recognize our vital role in delivering a quality of training for everyone in the UAE, both now and the generations in store. Bright Future is committed to culminate the wished results with a perfect blend of senior educationists and young breed of energetic trainers on its faculty. We encourage the staff to adopt innovative and interactive methods of training in order to make the institute an example of posterity.
Bright Future works under the umbrella of Knowledge and Human Development Authority – KHDA Dubai Govt. Currently seven departments are rapidly producing hundreds of Professionals to international market, the seven departments are listed below;
- Departmenet of Tourism & Hospitality
- Department of Soft Skills and Languages
- Department of Engineering
- Department of Management
- Department of Information Technology
- Department of Finance
- Departent of Accounting
Bright Future has affiliations with some well known Professional bodies to facilitate our students and give them practical exposure of market trend.
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