Accounting For Non-Accountants

Venue: Calgary

Location: Calgary, Canada

Event Date/Time: Mar 04, 2009
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Course Description

In this one-day session participants will learn accounting fundamentals to the extent that they will be conversant with accounting terminology, recording and reporting standards – including financial statements, and generally accepted accounting principles.

Who Should Attend

Professionals who have exposure to budgets and other internal financial reports, entrepreneurs, administrators, and those considering jobs in accounting-related fields will gain an understanding of accounting practices and the technical language used by accountants. Participants with or without bookkeeping backgrounds will apply greater depth to financial decision making as a result of this one-day session.

Course Outline

Upon completion of this seminar, participants will be able to:

- Discuss the accounting profession and the function of accounting for different forms of businesses
- Discuss the importance of ethics in accounting and social
responsibility related to capital markets
- Identify 6 basic accounting principles (business entity, objectivity, historical cost, time period, revenue recognition, matching)
- Explain the nature of accounting transactions and their
impact on the components of the accounting equation
- Prepare 4 basic financial statements (Income Statement, Balance Sheet, Statement of Cash Flows, Statement of Owners’ Equity)
- Record cash based transactions using the double entry method of accounting
- Apply principles of accrual accounting
- Prepare adjusting entries
- Complete the Accounting Cycle
- Perform financial ratio analysis


Additional Information

Fee: $650 CAD + GST Instructor: Lisa Deutscher