Course Description
This intensive 5-day program provides a comprehensive overview of accounting principles and practices. Participants will gain a solid foundation in financial accounting, managerial accounting, taxation, and auditing. The course is designed for beginners and those looking to refresh their accounting knowledge.
Learning Objectives
- Understand and apply fundamental accounting concepts and principles
- Prepare and interpret financial statements
- Develop skills in cost accounting and budgeting
- Gain knowledge of taxation principles and auditing procedures
- Apply accounting software for bookkeeping and financial reporting
Course Modules
Day 1: Introduction to Accounting
- Accounting principles and concepts
- The accounting equation
- Double-entry bookkeeping
- Chart of accounts
Day 2: Financial Statements
- Balance sheet
- Income statement
- Cash flow statement
- Statement of changes in equity
Day 3: Cost Accounting and Budgeting
- Cost classification and behavior
- Cost-volume-profit analysis
- Budgeting techniques
- Variance analysis
Day 4: Taxation and Auditing
- Basic tax concepts
- Corporate and individual taxation
- Auditing principles
- Internal controls
Day 5: Accounting Software and Financial Analysis
- Introduction to accounting software
- Financial ratio analysis
- Interpreting financial reports
- Ethical considerations in accounting
Practical Wins for Participants
- Ability to prepare basic financial statements
- Skills to use accounting software for bookkeeping
- Knowledge to interpret financial reports for decision-making
- Understanding of tax implications for businesses and individuals
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre