/  Fundamentals of Accounting
All courses in Bali have been cancelled .
BMC Training provides on 26 Jan 2020 Fundamentals of Accounting course [Finance , Accounting and Budgeting] in Bali,Indonesia

Objectives:

By the end of the program, participants will be able to:

  • Identify the importance of accounting in running the business.
  • Acquire basic accounting knowledge and skills needed to better support management.
  • Properly distinguish and classify account categories within the accounting system in the company.
  • Accurately account for transactions affecting assets, liabilities and equities.
  • Correctly account for transactions affecting revenues and expenses.
  • Effectively prepare statements of income and balance sheets.
  • Perform hands-on bank reconciliation, account analysis, and General Ledger (GL) to sub-ledger reconciliation.

The Outlines:

Importance of Accounting in Business

  • The Role and Purpose of Accounting
  • The Accounting System
  • The Fundamental Accounting Equation

The Accounting Principles

  • Accrual  versus Cash Basis Accounting
  • Matching Principle and Revenue Recognition

Accounting Cycle

  • Steps of the Accounting Cycle:
  • Analyzing Transactions
  • Recording Transactions
  • Preparing Trial Balance
  • Recording Adjusting Entries
  • Recording Closing Entries
  • Preparing Financial Statements
  • Preparing Post-Closing Trial Balance

Analyzing and Recording Transactions

  • Using Accounts to Summarize Transactions
  • The Rules of Debits and Credits
  • Preparing Trial Balance (TB)

Accounting for Assets

  • Cash and Bank Accounts
  • Accounts and Notes Receivable and Allowance for Doubtful Debts
  • Inventory and Cost of Sale
  • Fixed Assets and Intangible Assets

Accounting for Liabilities and Equity

  • Current Liabilities and Long-Term Liabilities
  • Contributed Capital and Retained Earnings

Adjusting Entries

  • Adjusting for Accruals
  • Adjusting for Deferrals

Preparing Financial Statements

  • The Income Statement
  • Statement of Owners’ Equity
  • The Balance Sheet

Hands-On Workshops

  • Performing Bank Reconciliation
  • Performing Account Analysis
  • Course Review Material



Related Training Courses

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Course Details
  • Code FBA168
  • TIME    08:00 AM - 11:15 AM
  • DATE    Jan 26 2020 - Jan 30 2020
  • Bali , Radisson Blu Hotel
  • +44 2087206971
  • Support@bmc.net

Fees Per Person

6500 GBP + VAT
Other Dates

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