NOTE NEW DATES
BASIC ACCOUNTING MADE EASIER is a two day course designed to transform accounting into easily understood concepts; this course will help develop your skills in preparing journal entries, T-accounts and financial statements.
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.
WHO SHOULD ATTEND?
- Anyone who needs to gain an understandings of basic accounting as part of their job or who would like to understand the over all financial health of a company.
- Anyone who wants to discover if they have an aptitude or interest in a career in accounting.
COST
$200 (Members)
$275 (Future Members)
PARKING
Parking is available behind Food For Thought on Mary Street.
INSTRUCTOR
Terry Carson, CA, CMA is an audit partner in the firm of Grant Thornton in Grand Cayman and has been a Senior Financial Officer in various businesses for the past 19 years. He has been presented with many awards in both public speaking and finance and has provided training throughout Canada and the Caribbean.
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.