Practical Closing Accounts
Practical Closing Accounts
OVERALL COURSE OBJECTIVE
- Describe accounting and its function in business.
- Apply accounting concepts, principles and procedure to record, sort and classify accounting information and prepare financial statements.
- Research and analyze financial statements to interpret the effectiveness of business decisions and actions.
- Describe the value and use of accounting information to management, investors, government, and the general public
Major Topic:
- Analyzing & recording transaction via real accounting documents
- Procedures for purchase and cash disbursement
- Procedure for Sales & Cash collection
- A/P-A/R management and control
- Filing system
- Bank Reconciliations, Petty Cash, Vouchers
- Payroll & salary tax
- Accounting for fixed assets and depreciation
- Adjustment techniques for month end close
- Excel spreadsheet control for month end close
Who should attend?
- Experience accountants
- Senior and Chief accountants
- Accounting Mangers
Minimum requirement
- Bring PC along during class
- BBA in Accounting or related field
- Having knowledge of preparing P&L and Balance Sheet
