With this training programme in Accounting Students will be able to function effectively within the sector and acquire knowledge relating to the key aspects of the accounting, the general accounting framework and the accounting cycle, as well as to acquire the skills required to draw up the balance sheet and the balance sheet items, and to interpret the results for the financial year. In short, this course will provide you with skills and knowledge necessary to understand and apply the accounting principles basic.
Corporate
Accounting
Introduction
Objectives
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To acquire knowledge relating to the key aspects of accounting, the General Chart of Accounts and the accounting cycle.
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Understanding the concept and objectives of the General Chart of Accounts.
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To understand and apply the accounting cycle.
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Identify the required reading in accordance with company law.
Table of Contents
TEACHING UNIT 1. INTRODUCTION TO ACCOUNTING
- Accounting Concepts
- General Accounting Requirements
- Objectives of General Accounting
TEACHING UNIT 2. THE COMPANY’S ASSETS
- The concept of heritage
- Asset
- Liabilities
- Net Equity
TEACHING UNIT 3. ACCOUNTING TRANSACTIONS
- Concept of an accounting event
- Classification of accounting transactions
- Income and expenditure
TEACHING UNIT 4. RECORDING TRANSACTIONS
- Accounts
- Accounting techniques
TEACHING UNIT 5. THE GENERAL ACCOUNTING PLAN
- Concept and objectives of the General Accounting Plan
- Features of the General Chart of Accounts
- Structure of the General Chart of Accounts
- Account groups under the PGC
TEACHING UNIT 6. THE ACCOUNTING CYCLE
- Accounting cycle
- Opening stock
- Opening seat
- Management positions
- Trial balance of totals and balances
- Year-end closing procedures
TEACHING UNIT 7. ACCOUNTING BOOKS
- Accounting ledgers
- Books required under company law