Fundamentals of Accounting

BMC Training provides Fundamentals of Accounting in Finance , Accounting and Budgeting. There are 53 training sessions in different cities.

Fundamentals of Accounting Training Schedule

Type a city name
Venue Start Date End Date Details
London , UK 11 - 6 - 2023 15 - 6 - 2023
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Dubai , UAE 18 - 6 - 2023 22 - 6 - 2023
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Paris , France 18 - 6 - 2023 22 - 6 - 2023
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Istanbul , Turkey 25 - 6 - 2023 29 - 6 - 2023
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Dubai , UAE 25 - 6 - 2023 29 - 6 - 2023
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Paris , France 25 - 6 - 2023 29 - 6 - 2023
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London , UK 25 - 6 - 2023 29 - 6 - 2023
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Istanbul , Turkey 2 - 7 - 2023 6 - 7 - 2023
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Dubai , UAE 9 - 7 - 2023 13 - 7 - 2023
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Paris , France 9 - 7 - 2023 13 - 7 - 2023
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London , UK 9 - 7 - 2023 13 - 7 - 2023
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Dubai , UAE 16 - 7 - 2023 20 - 7 - 2023
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Paris , France 16 - 7 - 2023 20 - 7 - 2023
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London , UK 16 - 7 - 2023 20 - 7 - 2023
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Kuala Lumpur , Malaysia 23 - 7 - 2023 27 - 7 - 2023
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London , UK 6 - 8 - 2023 10 - 8 - 2023
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Dubai , UAE 13 - 8 - 2023 17 - 8 - 2023
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Paris , France 13 - 8 - 2023 17 - 8 - 2023
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Istanbul , Turkey 20 - 8 - 2023 24 - 8 - 2023
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Dubai , UAE 20 - 8 - 2023 24 - 8 - 2023
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Paris , France 20 - 8 - 2023 24 - 8 - 2023
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London , UK 20 - 8 - 2023 24 - 8 - 2023
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Kuala Lumpur , Malaysia 27 - 8 - 2023 31 - 8 - 2023
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Dubai , UAE 3 - 9 - 2023 7 - 9 - 2023
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Paris , France 3 - 9 - 2023 7 - 9 - 2023
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London , UK 3 - 9 - 2023 7 - 9 - 2023
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Dubai , UAE 10 - 9 - 2023 14 - 9 - 2023
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Paris , France 10 - 9 - 2023 14 - 9 - 2023
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Kuala Lumpur , Malaysia 17 - 9 - 2023 21 - 9 - 2023
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Istanbul , Turkey 24 - 9 - 2023 28 - 9 - 2023
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Istanbul , Turkey 1 - 10 - 2023 5 - 10 - 2023
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Dubai , UAE 1 - 10 - 2023 5 - 10 - 2023
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Paris , France 1 - 10 - 2023 5 - 10 - 2023
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London , UK 1 - 10 - 2023 5 - 10 - 2023
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Kuala Lumpur , Malaysia 8 - 10 - 2023 12 - 10 - 2023
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London , UK 15 - 10 - 2023 19 - 10 - 2023
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Dubai , UAE 22 - 10 - 2023 26 - 10 - 2023
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Paris , France 22 - 10 - 2023 26 - 10 - 2023
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Dubai , UAE 5 - 11 - 2023 9 - 11 - 2023
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Paris , France 5 - 11 - 2023 9 - 11 - 2023
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Kuala Lumpur , Malaysia 12 - 11 - 2023 16 - 11 - 2023
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Istanbul , Turkey 19 - 11 - 2023 23 - 11 - 2023
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Dubai , UAE 26 - 11 - 2023 30 - 11 - 2023
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Paris , France 26 - 11 - 2023 30 - 11 - 2023
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London , UK 26 - 11 - 2023 30 - 11 - 2023
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Kuala Lumpur , Malaysia 3 - 12 - 2023 7 - 12 - 2023
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Istanbul , Turkey 10 - 12 - 2023 14 - 12 - 2023
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Dubai , UAE 10 - 12 - 2023 14 - 12 - 2023
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Paris , France 10 - 12 - 2023 14 - 12 - 2023
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London , UK 10 - 12 - 2023 14 - 12 - 2023
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London , UK 17 - 12 - 2023 21 - 12 - 2023
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Dubai , UAE 24 - 12 - 2023 28 - 12 - 2023
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Paris , France 24 - 12 - 2023 28 - 12 - 2023
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Course Description

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