Accounting

Accounting training program: 40 hours

• Principles of accounting in enterprises and organizations
• The essence of double entry and the registration of transactions in balance
• Acquaintance with the accounts and types of financial statements
• Debit and Credit Concept, Transaction Reflection in a T-Accounts, Double entry recording
• Preparing a preliminary trial balance, making adjustments, and closure of control accounts
• Preparation of final trial balance and preparation of financial statements
• Trade operations and accounting of goods
• Methods for calculating the cost of inventories (goods)
• Essence and accounting of Account Receivable, Allowances for doubtful accounts and irrecoverable debts
• Accounts Payable, assessed liabilities, contingent liabilities and contingent assets
• Bookkeeping of land, buildings and equipment (PPE)
• Bookkeeping of intangible assets and goodwill
• The nature and value of the exchange rate
• Purpose of Preparation of Cash Flow Statement (CFS)
• Banking and cash transactions
• Calculation and payment of salaries