Fundamentals of Accounting Training: 5-Day Intensive Course

Course Description

This comprehensive 5-day course provides a solid foundation in accounting fundamentals. Participants will learn essential accounting principles, financial statement preparation, and bookkeeping practices. The course covers key concepts such as the accounting equation, double-entry bookkeeping, and financial analysis techniques.

Learning Objectives

• Understand and apply basic accounting principles and concepts
• Prepare and interpret financial statements
• Master double-entry bookkeeping and transaction recording
• Analyze financial data for decision-making
• Gain proficiency in accounting software and tools

Course Modules

Day 1: Introduction to Accounting

• Accounting basics and terminology
• The accounting equation
• Financial statements overview
• Accounting standards and regulations

Day 2: Double-Entry Bookkeeping

• Principles of double-entry bookkeeping
• Recording transactions in journals and ledgers
• Chart of accounts
• Trial balance preparation

Day 3: Financial Statements

• Income statement preparation and analysis
• Balance sheet components and structure
• Cash flow statement creation
• Statement of changes in equity

Day 4: Adjustments and Closing Entries

• Accruals and deferrals
• Depreciation methods
• Closing entries and post-closing trial balance
• Bank reconciliations

Day 5: Financial Analysis and Software

• Ratio analysis techniques
• Budgeting and forecasting
• Introduction to accounting software
• Ethics in accounting

Practical Wins for Participants

• Ability to prepare accurate financial statements
• Proficiency in recording and analyzing financial transactions
• Skills to interpret financial data for business decision-making
• Familiarity with accounting software for efficient bookkeeping