How To Prepare A Full Set Of Accounts

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  • Private Class Price is Per Day not Per Pax
  • Send 1 or 20 pax for the same price
  • HDRF Claimable(SBL)

Private Class from

2400/day

(2 Days)

BENEFITS

Upon completion of this program, participants will be able to:

  • Understand Basic knowledge of the function and purpose of accounts, the fundamentals principles of accounting and its application
  • Understand the full accounting process cycle and prepare more accurate and up-to-date accounting data

AUDIENCE

This program is designed for Accounts Clerks, Account Assistants, Accounts Supervisors, Office Administrators, Secretaries and Non-Financial Executives.


Level for Account Department


METHODOLOGY

Lectures supported with power point presentations, practices exercises, discussions on all relevant point to ensure participants grasp the concept and principles.

UNDERSTANDING OF ACCOUNTING
  • Users And Uses Of Accounting Data
  • Principles, Assumptions And Convention
  • Accounting Equation
GENERAL RULES OF ACCOUNTING
  • Receipt And Payment
  • Revenue And Expenses
  • Rules Of Double Entry
  • Fixed Assets And Current Assets
  • Work In Progress
  • Current Liabilities
RECORDING PROCESS
  • Chart Of Account
  • Purpose Of Journal
  • Ledger
  • Posting
  • How To Extract A Trial Balance
ADJUSTING THE ACCOUNT
  • Adjusting For Prepayment And Accrual
  • Provision Of Bad Debt Journalizing And Posting The Adjustment
COMPLETE THE ACCOUNTING CYCLE
  • Closing The Book
  • Presentation Of Data
  • Prepare Income Statement
  • Balance Sheet
  • Manufacturing Account
ACCOUNTING FOR FIXED ASSETS
  • Depreciation Computation
  • Accounting Entries For Depreciation Charges
  • Revaluation And Disposal Of Assets
BANK ACCOUNT RECONCILIATION
  • Steps In Reconciliation
  • Update The Cash Book
  • Identify Unpresented Cheques And Late Lodgment
CORRECTION OF ERRORS
  • Prepare Journal Entries To Correct Errors
  • Errors Affecting Gross Profit, Net Profit And Balance Sheet
ACCOUNTING INVENTORY
  • First In First Out
  • Last In First Out
  • Weighted Average Method
  • Effect On Gross Profit And Net Profit
PREPARATION OF CASH FLOW STATEMENT
  • Advantages Of Cash Flow Statement
  • Definition Of Term
  • Direct Methods Vs. Indirect Methods

Trainers