Basic Modern Accounting

Khawarizmi Training Solutions

Ratings
4.0

Last updated 2 years ago
ENGLISH

AED 4,500

AED 4,950

Duration: Upto 40 Hours

Location: United Arab Emirates

Delivery: Onsite course

"Modern Accounting" program covers a series of 6 training courses. Each of them is a pre-requisite of the next one. it is taken for granted that this program paves the way to better job performance and job opportunities in every ;

Program Outline: 
1. Essentials Of Accounting (Level 1)
✓ Introduction to types and normal accounts (Debit & Credit)
✓ Assets, liabilities, and capital
✓ Journalizing and posting transactions
✓ The double-entry bookkeeping system
✓ Adjusting procedures
✓ Closing procedures
✓ Preparation of Trial Balance
✓ Preparation of Financial statements

2. Accounting - Intermediate Level (Level 2)
✓ Plant and equipment depreciation
✓ Bank reconciliation
✓ Petty cash fund
✓ Cash Management
✓ Accounts Receivable: Doubtful Debts Recording Methods
✓ Assets transactional recording (Disposal, Exchange, Sales) & Market Value

3. Financial Statements Analysis & Interpretation
✓ Balance sheet
✓ Income Statement
✓ Statement of Cash Flows
✓ Statement of Retained Earnings
✓ Managerial view of the Financial Statement
✓ Liquidity ratios
✓ Activity, or utilization, ratios
✓ Financial, or leverage
✓ Profitability ratio
✓ Market-value ratios
✓ Analyzing Results
✓ Time Series Comparisons
✓ Management Targets

4. Budgeting & Cost Control
✓ The Role of Budgets
✓ Working Capital Management
✓ Preparation of Budget
✓ The Production Budget
✓ Cash Flow Management
✓ The Evaluation and Co-ordination of a Budget
✓ Measuring Costs and Benefits for Decision-making
✓ Keeping Costs Down