Outlines

Introduction

Accounting Concept

Accounting Information System

Accounting Cycle

Accounting Principles

Accounting Assumptions

Balance Sheet Equation

Main Accounts

• Assets
• Liabilities
• Owners' Equity
• Revenues
• Expenses

Double Entry System

Recording in Journal Entry

Posting to General ledger

Adjustments Entries:

• Prepaid Expense.
• Accrued Expense.
• Unearned Revenue.
• Accrued Revenue.

Prepare Trial Balance.

Prepare Financial Statements:

• Income Statement
• Balance Sheet
• Owners' Equity Statement
• Cash Flow Statements.

Practical Cases.

Who Should Attend

 

• Accounting and Finance Departments Staff .

Duration

5 Days