Basic Modern Accounting Khawarizmi Training Solutions
Price: USD 545
USD 727
Instructor led live virtual classroom online. Classes may be individual or in group.
  • Duration: 40 Hours

Course details

"Modern Accounting" program covers a series of 6 training courses. Each of them is a pre-requisite of the next one. it is taken for granted that this program paves the way to a better job performance and job opportunities in every ;
Program Outline: 
1. Essentials Of Accounting (Level 1) 
• Introduction to types and normal of accounts (Debit & Credit) 
• Assets, liabilities, and capital 
• Journalizing and posting transactions 
• The double entry bookkeeping system
• Adjusting procedures 
• Closing procedures 
• Preparation of Trial Balance 
• Preparation of Financial statements
2. Accounting - Intermediate Level (Level 2) 
• Plant and equipment depreciation 
• Bank reconciliation
• Petty cash fund 
• Cash Management
• Accounts Receivable :Doubtful Debts Recording Methods 
• Assets transactional recording (Disposal, Exchange, Sales) & Market Value
3. Financial Statements Analysis & Interpretation
• Balance sheet
• Income Statement
• Statement of Cash Flows
• Statement of Retained Earnings
• Managerial view of the Financial Statement
• Liquidity ratios
• Activity, or utilization, ratios
• Financial, or leverage
• Profitability ratio
• Market-value ratios
• Analyzing Results
• Time Series Comparisons
• Management Targets
4. Budgeting & Cost Control
• The Role of Budgets
• Working Capital Management
• Preparation of Budget
• The Production Budget
• Cash Flow Management
• The Evaluation and Co-ordination of a Budget
• Measuring Costs and Benefits for Decision-making
• Keeping Costs Down Updated on 23 June, 2020

About Khawarizmi Training Solutions

Established in 1985, the Continuing Education Center (CEC) at Al Khawarizmi International College (KIC), now known as Khawarizmi Training Solutions (KTS) is a leading provider of training and professional development programs for individuals and corporate groups in the U.A.E. Continuing Education Center (CEC) at KIC offers a wide range of courses in the fields of IT, Business, and English. It is licensed by the Abu Dhabi Centre for Technical and Vocational Education and Training (ACTVET). Through challenging training courses, KTS Center contributes to the advancement and transformation of the UAE into a more skilled, diverse, and knowledge-based community.  In turn, this raises the standards and the quality of life of our students and improves our community.  Both individuals and industry professionals benefit from the high standards and good reputation of the KTS.

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