Understanding the numbers in business is very crucial for its success. Any entrepreneur or business executive who wants to have a good hold in their business would soon realize that having even a fundamental knowledge in accounting is as or even more important as other functions in the business. Soon enough, relying on an accountant would limit movement and would pose a liability. Moving forward in the business would mean understanding the numbers that drive it.
This 2-day program aims for the participant to have the fundamental knowledge and tools which will enable the participant to apply these at work or in his business. Workshops and some examples will be provided to enable participants to actually demonstrate how it is to do basic accounting so the application will be smooth post-training.
The overall objective of this training is to: • Provide a working knowledge of accounting • Assist a non-accountant on how to implement basic accounting • Learn the best practices
2 days
Aspiring Entrepreneurs/ Entrepreneurs
Business executives
Managers
Any individuals who want to acquire practical knowledge/skills
Day 1
Introduction
Accounting Definition
Users of Financial Accounting Information
Integrating the Needs of All Departments Concerned Regarding Accounting
Accounting Cycle
8 Steps in Accounting Cycle
Basic accounting Concepts and Principles
Accounting Equation and the Rules of Debit and Credit and the Double Entry Bookkeeping System