Accounting Essentials
Course Description
The Accounting Essentials training embraces management- and financial accounting study by familiarising the participant with some of the basic theories and essential methods & principles behind modern accounting.
The course content is derived from three internationally renowned accounting bodies: ACCA; CIMA; and ICAEW, and provides the participant with a basic understanding of the essentials of business accounting.
For Whom
The course is written for people in the below positions:
- Bookkeepers & Accounting Assistants
- New Accounting and Finance Employees
- Individuals who need a quick refresher in accounting essentials
- Small Business Owners
Learning Objectives
Upon completion of this crash course, the participant will be able to:
- Recognise the duties and responsibilities of the accounting function within a company
- Apply basic accounting principles
- Register financial transactions
- Apply methods for identifying cost
- Read financial statements
- Understand the purpose of management and financial accounting
Topical Outline
The student will be taught the below subjects:
- Key finance terms: assets; liabilities; capital; depreciation; capitalisation; current ratio; and others
- Accounting concepts, records and systems
- General ledger, cash-book and other sub-accounts
- Profit & Loss account vs. Balance Sheet
- Balance Sheet changes & Income measurement
- Recording a transaction
- Cost identification and behaviour
- Inventories and cost of sales
- Non-current assets and depreciation
- Liabilities and equity
- Cash control; statement of cash-flows
- Summary of best practice
- Personal Accounting experiences and discussions
Summary
Course Title: Accounting Essentials
Type of Course: Crash Course
Number of Sessions: 3 sessions (5 hours each)
Language: English
Course Materials: ICC Course Reader
Certificate: Professional Development Certificate
Fees – Distance Learning: EUR 725.- per participant
Fees – Classroom Study: EUR 975.- per participant