Accounting as Easy as ABC

This course is not a one day course on Bookkeeping or Record keeping. This was designed for busy people with no accounting background but would like to know what accounting is all about and its important role in business, how it can help Management in their decision-making and how it can impact on both management and other stakeholders.

In this module, the application of recognized Accounting Principles to businesses will be discussed and participants will be able to understand why it should be observed.

A side discussion of the difference between Accrual vs. Cash Method of Accounting, Fixed and Variable Expenses, and various ways to record Revenues will be highlighted.

The module will also show the participants the 7 important steps in Accounting starting with the analysis of transactions, recoding it in the Books of Accounts, postings to the ledgers, extraction of the Trial Balance and preparing the basic Financial Statements. In each steps, pitfalls in accounting will be discussed to enlighten participants how this can results to a good management review and avoiding qualified or negative audit comments.

A short and simple discussion of how financial statements can be analysed will complete the module thus providing participants with an insightful knowledge of the value and usage of these reports.

SME Rate

( (For Small and Medium Enterprises, please use this code: SMEDAY8) )

Non SME Rate

( Large Companies- your 1000 will subsidize the fees of SMEs and losing companies )

Closing Date



Deadline :
Oct 07, 2017