Course detailsAccounting Rules DEBIT & CREDIT, Concepts, Bases of Accounting-CASH &ACCRUAL
Understanding financial statements items like assets, liabilities, equity, expenses, losses, incomes and gains, receivables, payables, fixed assets, depreciation, inventories, their measurement and presentation
Accounting Process, Recognizing type of transactions and events, Types of Entries, Vouchers & Ledgers
Passing Entries, posting to Ledgers, preparing TRIAL BALANCE, PROFIT & LOSS ACCOUNT, BALANCE SHEET and CASH FLOWS-Linking them through formulas through Excel
Understanding the Budget-Sales/Production/Materials/Expenses/PL/BS & Cash Flow
An introduction to Manufacturing & Contracting, Costing of products
Managing and valuing inventories/stocks, calculating Cost of Goods Sold, Profit and Mark-up %
Banking-Reconciliation, Types of Bank facilities
Revenue recognition policies in different industries
Break-Even and Payback period calculation, Fixed/Variable/Direct/indirect expenses
2 Case Studies with the preparation of full financial statements and touching upon simple Ratios
Updated on 06 January, 2021
Eligibility / Requirements
Can be a graduate on any discipline,
Must have some computer knowldge and mathematical knowledge.
About Elegant Training Center
Elegant Professional and Management Development is a leading training center in Al Barsha, Dubai, specialized in affordable and effective face-to-face training programs in variety of courses like Engineering & IT, Finance, Sales & Marketing and HR & Administration.
We design and customize courses and program for people of different walks whether trying to enter into the job market or employees willing to achieve professional development and qualification to secure advancement in their careers and improve their performance level.
Our training is stretching, motivating and tailored to the individual learner. We develop and deliver training courses for organizations across all sectors. All of our courses can be tailored specifically to your team’s needs and delivered at your site as well
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