COURSE OVERVIEW
This course is designed to provide contractors or office executives with an understanding of the fundamental principles of accounting. Through lectures, case studies, and hands-on exercises, participants will gain practical knowledge and skills to manage financial data, analyse financial statements, and make simple and informed business decisions
COURSE OBJECTIVES
- The following skills will be acquired in this program:-
- Defining accounting & understanding the concept of accounting.
- Discuss on how accounting is an appropriate tool to run a day-to-day business.
- Defining & recognizing the 5 elements of accounting (Asset, Liability, Revenue, Expenses, Equity).
- Understanding the accounting equation.
- Recognizing and classifying documents and transactions into an appropriate accounting
element. - Identifying & understanding financial statement.
- Demonstrate practical skills using a cloud accounting system.