Accounting course for non-finance professional.

Accounting course for non-finance professionals is a 2-day training of which upon completion participants will be able to get started into the accounting world. As revealed by the course name, the training is catered for beginners who do not have any background knowledge of the field, training starts from basic accounting equation to how to differentiate between Financial Statements required by ACRA and Internal Management.

Basic Accounting Course for Non-Finance Managers

Duration:2 Days Basic Accounting Course for Non-Finance

  • One Time Free Refresh Class in 6 Month
  • SkillsFuture Approved Course
  • Hands-On Exercises
  • Attention to each participants

  • Step-By-Step Course
  • 100% Satisfactory Record
  • Trained more than 10000 Participants
  • 10 Year Experienced Trainer

SkillsFuture Claimable Course

Course Highlights

  • What is accounting?
  • Working with balance sheets and income statements
  • Determining the costs of products
  • Performing break-even analysis
  • Determining average and marginal tax rates
  • Understanding tax deductions and credits

Basic Accounting Courses Outline:

Lesson 1: Accounting Equation Introduction

  • Asset
  • Liability
  • Equity
  • Revenue
  • Expense

 

Lesson 2: Finance processes flow within Organization

  • Source Documents
  • Books of Prime Entry
  • Business Transaction
  • The impact of double entries

 

Lesson 3: 3 main Financial Statements

  • Balance Sheet (Statement of Financial Position)
  • Profit & Loss (Statement of Comprehensive Income)
  • Statement of Cash Flow

 

Lesson 4: Types of Final Accounts

  • Sole Proprietorship
  • Partnership
  • Partnership Agreement
  • Limited Companies (Private and Listed Companies)

 

Lesson 5: Rationalizing on Inventory Systems

  • Periodic System
  • Perpetual System
  • Methods of Inventory Valuation

 

Lesson 6 Budgets

  • Master Budgets
  • Production Budget
  • Sales Budget
  • Cash Budget
  • Income Statement Budget
  • Balance Sheet Budget

 

Lesson 7: Ratio Analysis

  • Where to look for Financial Report of listed company
  • Analyzing Financial Statement of listed company with ratio:
  • Liquidity ratios
  • Efficiency ratios
  • Leverage ratios
  • Profitability ratios
  • Horizontal vs vertical analysis of a listed company