A two-day lecture/workshop seminar that arms you with the know-how on recording and managing your own accounting books. Designed for existing business owners or new entrepreneurs who would like to know the financial position and results of operation of
their business at any given time. learn and develop skills in practical bookkeeping and accounting system through our comprehensive direct approach workshop seminar – one that would give you access to Books of Accounts, Business Forms and Invoices, Worksheets
and other accounting records. Note: Please bring calculator
What you'll learn
To understand and learn:
-The significance of record-keeping of day-to-day business activities
-Common accounting terms in business
-Preparation of basic financial statements and their uses for business decision making
-How to maintain proper books of accounts for a growing business
Outline
1. Introduction to Bookkeeping
2. The Accounting Structure of a Business
3. Forms & Types of Business Organizations
4. The Chart of Accounts
5. Introduction to Balance Sheet and Income Statement
6. The Accounting Equation
7. The Accounting Period
8. The Statement of Capital
9. Cash and Accrual Methods of Accounting
10. Depreciation of Fixed Assets
11. Income Statement for a Service company, Merchandising company & Manufacturing company
12. The Bookkeeping Cycle (The Accounting Process)
13. The Worksheet
14. Accounting For Cash
15. Bank Reconciliation
16. The Petty Cash Fund
17. Policies and Procedures for Cash Receipts and Disbursements
18. Cash Flow Statement
19. Accounting for Sales and Receivables
20. Cash Sales versus Credit Sales
21. Sales Returns and Discounts
22. Accounting for Bad Debts
