This assistant accountant course specifically caters to accounting and provides knowledge on all essential areas in Accounts. The training program outline is up to date and pertinent to marketplace requirements, thus catering well to all analytical prediction of training needs in the specified area. A customised proposal can also be arranged, to suit the training requirement of your team.
By the end of this assistant accountant course training program, participants will be able to:
- Define the accounting cycle
- Discover how accounting affects their day-to-day business
- Outline the components of financial statements
- Perform every step of the accounting closing cycle
- Get up-to-date with accounting terminology that will enable them to perform more effectively at work
- Introduction to Accounting
- Importance of Accounting and the Accounting Cycle
- Accounting Regulatory Bodies
- International Financial Reporting Standards (IFRS)
- Generally Accepted Accounting Principles (GAAP)
- Accounting Rules Updates and Changes
- Stakeholders and Users of Accounting Information
- Company Structures and Business Activities
- Introduction to Accounting Principles
- Accounting Principles and Guidelines
- Other Characteristics of Accounting Information
- How Principles and Guidelines Affect Financial Statements
- Analysing Transactions
- Identifying Account Names
- Classifying Accounts
- Interpreting Account Movements
- The Double Entry Accounting
- Debits and Credits
- The Importance of T-Accounts
- The 7 Rules of Debits and Credits
- Sub-Ledgers and General Ledgers
- Preparing Trial Balance
- Adjustment Process
- Adjusting Assets and Liabilities, Revenues and Expenses:
- Accrued Liabilities/ Expenses and Revenues
- Deferred Assets / Expenses and Revenues
- The Process of Preparing Adjusted Trial Balance
- Adjustments for Contra-Accounts
- Closing Process
- The Four Important Closing Entries
- Using the 10-Column Worksheet
- Preparing Financial Statements:
- Income Statement
- Balance Sheet
- Understanding and Preparing Closing Trial Balance
- Assets Accounting and Reporting
- Accounting and Presentation of Cash, Petty Cash and Cash Reconciliation
- Accounts Receivable and Allowances
- Inventory Costing and Valuation
- Recording and Maintaining Fixed Assets
- Depreciation and Accumulated Depreciation
- Intangible Assets and Other Non-Current Assets
- Current Liabilities and Accruals
- Accounts Payable and Notes Payable
- Accrued Liabilities
- Short and Long-Term Loans
- Understanding Shareholders’ Equity
- Share Capital
- Retained Earnings
- Government and Management Reserves
Who should attend?
Accounting assistants, accounting trainees, junior accountants, administrative assistants, accounts clerks, support staff, and administrative secretaries working with accounts. No prior accounting experience is required.
- All our courses can be facilitated as Customized In-House Training course.
- Course duration is flexible and the contents can be modified to fit any number of days.
- As for Open Enrolment Courses, we offer our clients the flexibility to chose the location, date, and time and our team of experts who are spread around the globe will assist in facilitating the course.
- The course fee includes facilitation, training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training.
- FREE Consultation and Coaching provided during and after the course.