Principles of Accounting an Introduction to Concepts, Uses and Methods

Course Details

Accounting is something that affects people in their personal lives just as much as it affects very large businesses. We all use accounting ideas when we plan what we are going to do with our money. This seminar, therefore, is designed for managers, executive officers, senior clerks, entrepreneurs and most importantly about to retire officers, who wants to obtain a good grounding in financial accounting, for whatever purpose

Skills Development

After taking part in this training session, participants will be able to:

• identify the importance of accounting in running businesses;
• explain the accounting cycle process;
• perform hands-on analysis and recognition of
• accounting transactions; and effectively prepare balance sheets and income statements

Organisational Benefits

Employees and managers who participate in this workshop gain a better understanding of accounting, its uses, concepts and principles. Participants gain improved knowledge of how to: analyze transactions, account for assets and liabilities and equity which helps to improve their effectiveness on the job

Course Content

Importance and uses of accounting in business

• An overview of accounting cycle
• Analyzing transactions
• The matching principle
• Accounting for Assets
• Accounting for liabilities and equity
• Preparing financial statements
• Key ratios

Target Audience:

managers, entrepreneurs, about to retire offices, Executive officers, senior clerks who want to improve their knowledge

Fee: Per participant which will cover course materials, bags, tea/lunch break will be made available on request

Duration: 5 days

Venue: Designed for both Open ( Lagos, Abuja, Calabar, Keffi ) & In Plant presentation