Accounting for Entrepreneurs
Let’s get ready to do some Accounting and Bookkeeping!
What you’ll learn
Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment.
Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment.
Recognize the function of accountancy and audit in communicating, reporting, and assuring financial information and ineffective financial control and compliance
Understanding the various statements within the Financial Statements
Preparing a bank reconciliation
Preparing a trial balance
Posting to the general ledger accounts
Preparing a set of financial statements
Preparing a set of consolidated financial statements
Choosing the right accounting package for you
How to manage the working capital of a business
Ratio analysis and how to make use of various ratios to increase performance
Demonstrate the use of double-entry and accounting systems
Record transactions and events
And much more…
Requirements
An eager mind to learn the basics of accounting and bookkeeping
Description
This course is designed to develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements and assist students and learners to various accounting techniques that can be used in the everyday world of finance as well as to introduce knowledge and understanding of the business and its environment and the influence this has on how organizations are structured and on the role of the accounting and other key business functions in contributing to the efficient, effective and ethical management and development of an organization and its people and systems.
This course is great for individuals that are starting up their own businesses in order for them to manage finances and understand the rules of accounting.
Who this course is for:
People wanting to learn and understand accounting.
