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Financial Accounting & Reporting
Objectives

Objective: • Identify what is accounting • Know what are the Accounting Concepts • Know How to do accounting • Know what are Accounting reports (outputs)? And apply the accounting standards in preparing the Financial Position. • How to deal with some accounting issues.

Outlines

Contents: • Introduction to Business environment • Rule of Financial Department • Accounting theory • Accounting concepts • Recording the economic events (entries) in journals • Case studies • Posting the recorded entries to ledgers and prepare the trial balances. • Case studies • Preparing the trial balance • Adjusting entries and preparing the adjusted trial balance(Case studies) • Closing procedures • Case studies • Reporting the financial information (Balance Sheets and Income Statements) • Who will use the financial information produced by the accounting department

Who Should Attend

Target Group: • Accountants and financial department staff- all.

Duration

5 Days

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