The accounting is one of the business sectors with the highest demand for qualified professionals. The specialisation and the acquisition of practical skills constitute the a path to professional development in the field of accountancy.
This course offers a highly practical training, aimed at the accountancy management and of the financial transactions which take place within a company as part of the working environment.
Corporate
Accounting
60 hours
Course in General Accounting
Accounting
60 hours
Introduction
Objectives
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Understanding the objectives of accounting, his ranking, the accounting books and the accounting cycle.
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Developing the double-entry method and the debit and credit theory, as well as record expenses, income and traffic transactions.
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Identify and apply the accounts and groups set out in the General Chart of Accounts.
Table of Contents
TEACHING UNIT 1. BASIC ACCOUNTING CONCEPTS
Introduction to Accounting
Accounting concepts and company assets
TEACHING UNIT 2. RECORDING ACCOUNTING TRANSACTIONS
An Introduction to the Recording of Accounting Transactions
Assets: property, rights and obligations
Accounts and Groups in the General Chart of Accounts (GCA)
Economic and financial structure of the balance sheet: Assets, Liabilities and Net Assets
Recording transactions. Debit and credit theory
TEACHING UNIT 3. THE ACCOUNTING CYCLE
Preliminary remarks
Changes in net profit: Accounting treatment and income and expenses
The accounting cycle and its stages: Setting up the accounts, recording transactions and calculating the profit
TEACHING UNIT 4. ACCOUNTING FOR EXPENSES AND INCOME
An Introduction to Income and Expenditure Accounting
Purchases and sales through the speculative system (Subgroups 60, 61, 70 and 71)
External services (Subgroup 62)
Taxation (Subgroup 63)
Staff costs (Subgroup 64)
Financial Expenses (Sub-group 66)
Exceptional expenditure (Subgroup 67)
Other operating income (Sub-group 75)
Financial Income (Sub-group 76)
Extraordinary income (Sub-group 77)
TEACHING UNIT 5. ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE
An Introduction to the Accounting for Transport Operations
Definition and content of Group 4 of the PGC
Accounting for delivery notes
Accounting for advance payments
Accounting for bills in portfolio
Discounting or negotiating bills of exchange
Debt collection management
Unpaid bills
The endorsement of bills of exchange
Video tutorial: Accounting for bills of exchange
Worked example. Recording journal entries in Journal I
TEACHING UNIT 6. ACCOUNTING FOR TANGIBLE FIXED ASSETS
An Introduction to the Accounting Treatment of Tangible Fixed Assets
Classification of tangible fixed assets. Chart of accounts
Initial valuation of tangible fixed assets
Increased performance, service life or production capacity
Subsequent measurement: amortisation
Write-offs and disposals
Worked example. Recording journal entries in the General Journal
TEACHING UNIT 7. THE ACCRUAL BASIS
The accrual principle
Accrual adjustments
Allocation of income and expenditure
TEACHING UNIT 8. LOAN ACCOUNTING
The concept and types of debt owed to credit institutions
Debts owed to credit institutions
Credit Policy
TEACHING UNIT 9. ACCOUNTING FOR GRANTS
Introduction and types of grants
Preliminary summary for the accounting of non-repayable grants
Regulations governing grants, donations and bequests made by third parties
Accounting summary of grants for SMEs
TEACHING UNIT 10. FINANCE AND OPERATING LEASES
The Lease
Finance Lease (Leasing)
Operating Lease
TEACHING UNIT 11. CORPORATION TAX. CURRENT TAX
Differences between Accounting Profit and Taxable Profit
Current Tax: Current Tax Assets and Liabilities
Deferred Tax: Deferred Tax Assets and Liabilities
Offsetting tax loss carry-forwards
Changes in the tax rate
Information provided in the annual accounts
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