Accounting Basics

This training workshop demonstrates how accounting is the system of recording financial transactions.

• Accounting concepts
• Steps in the accounting cycle
• The objectives of financial reporting
• Financial reporting standards

This training workshop is suitable for:

• New accounting staff who need to understand the financial accounting function holistically.
• Accountancy staff with no formal qualifications.

Upon completion of this training workshop, you will understand:

• The rules of accounting that should be followed in preparation of all accounts and financial statements.
• The series of steps from when a transaction occurs to its inclusion in financial statements.
• Accounting analyses and reports the information in documents called “financial statements which have universal standards.