Course
Recording financial transactions
The Financial Transaction Recording course aims to introduce participants to how to accurately and systematically record and document financial transactions in accounting books. The course focuses on the basics of the accounting system and the importance of properly recording financial transactions to ensure transparency and accuracy in financial reports.
Participants will learn how to record daily financial transactions using journals and ledgers, and understand how each transaction impacts various accounts such as assets, liabilities, revenues, and expenses. Double-entry accounting rules will be covered and how they apply to various transactions such as purchases, sales, bank transfers, and payments.
The course will also cover modern accounting systems that facilitate transaction recording using accounting software such as QuickBooks and SAP. It will also cover how to record transactions in the cloud to ensure quick access to and updates to financial data.
The course aims to provide participants with the skills necessary to effectively record financial transactions, contributing to the preparation of accurate financial reports and achieving compliance with international accounting standards. The course is intended for accountants, auditors, and accounting managers in companies or organizations seeking to improve financial recording and ensure the accuracy of financial reports.
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