FUNDAMENTAL OF BOOK KEEPING

Bookkeeping Fundamentals Training Course provides a solid foundation that will help you to develop the required skills in bookkeeping. It includes the understanding of basic terminology, double entry accounting, creating budgets, using various accounting methods, procedures, financial planning, auditing and reporting.

Gain excellent skills in using various accounting procedures and maintain your books efficiently and effectively for the success of your business. On completion of this one day course, you will have a sound knowledge about the basic steps and techniques used in bookkeeping, including identifying the differences between cash & accrual accounting methods and helpful tips for the employer, as well as other topics related to a commercial environment.

Focus Area

  • Learn to recognize and use basic accounting terminology
  • Understand the differences between cash & accrual accounting methods
  • Become familiar with accounts payable & receivable
  • Learn how to use a journal and general ledger to document business financials
  • Be comfortable reading and analyzing the balance sheet
  • Learn to identify different types of financial statements
  • Understand the reasons for a budget, and how to create one
  • Gain a knowledge of internal & external auditing

After completing this training program, participants will:

  • Learn to recognize and use basic accounting terminology
  • Understand the differences between cash & accrual accounting methods
  • Become familiar with accounts payable & receivable
  • Learn how to use a journal and general ledger to document business financials
  • Be comfortable reading and analyzing the balance sheet
  • Learn to identify different types of financial statements
  • Understand the reasons for a budget, and how to create one
  • Gain a knowledge of internal & external auditing