This two day course is designed to transform accounting into easily understood concepts and will help develop your skills in preparing journal entries, T-accounts and financial statements.
This course is for anyone who needs to gain an understandings of basic accounting as part of their job or who would like to understand the overall financial health of a company; anyone who wants to discover if they have an aptitude or interest in a career in accounting.
BOOKKEEPING BASICS
- Learn the difference between debits and credits and where to apply each in the financial statements.
- Review the books of original entry that serve as a source of all bookkeeping entries.
- Review the 10 major assumptions supporting the preparation of financial statements.
- Practice recording the three main sources of systematic entries and see how they build to produce financial statements.
- Understand the differences in financial statements categories , such as, assets, liabilities, equity, revenue and expense.
- Practice calculating prepaid amounts, month end adjustments and accruals.
INTERACTIVE CASE STUDIES
- Participate in problem solving exercises that help you understand the basics of accounting.
- Review the financial statements presented for a sample company and then prepare questions to evaluate the financial results.
WHAT YOU WILL LEARN
- Basic accounting entries including month end adjustments.
- When and where to uses debits and credits.
- The acceptable alternatives between various accounting methods.
- An overview of financial statement presentation.
COST
$200 (Members)
$275 (Future Members)
CANCELLATION POLICY:
CANCELLATIONS MUST BE RECEIVED IN WRITING 72 HOURS PRIOR TO THE COURSE IN ORDER TO OBTAIN A REFUND. NO SHOWS WILL BE CHARGED THE FULL AMOUNT
PARKING
Parking is available behind Piccolo's Restaurant on Mary Street.
INSTRUCTOR
CLICK HERE for a biography of our instructor, Mr. Terry Carson