Accounting For Non-Accountants
Venue: To Be Announced
|Event Date/Time: Nov 24, 2010||End Date/Time: Nov 24, 2010|
In this one-day session participants will learn accounting fundamentals to the extent that they will be conversant with accounting terminology and reporting standards â€“ including financial statements, and become familiar with generally accepted accounting principles and recording standards.
A complete set of course materials and lunch is included in this course.
Who Should Attend
Professionals who have accountability or 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.
Upon completion of this seminar, participants will be familiar with:
* The accounting profession and the function of accounting for different forms of businesses
* The importance of ethics in accounting and social responsibility related to capital markets
* The nature of accounting transactions and their impact on the components of the accounting equation
* 4 basic financial statements (Income Statement, Balance Sheet, Statement of Cash Flows, Statement of Ownersâ€™ Equity)
* 6 basic accounting principles (business entity, objectivity, historical cost, time period, revenue recognition, matching)
* Cash based transactions using the double entry method of accounting
* Principles of accrual accounting
* Application of accounting principles in a variety of organizational environments
* Financial ratio analysis including most common calculations and measures