Course
Financial Accounting Basics
The Financial Accounting Fundamentals course aims to introduce participants to the basic accounting concepts that form the basis for understanding financial operations in organizations. The course focuses on basic accounting principles such as the accounting equation, journal entries, and the preparation of financial statements, with an emphasis on how to record financial transactions in a manner consistent with international accounting standards.
Participants in this course will learn how to prepare key financial statements such as the income statement, balance sheet, and cash flow statement, as well as the statement of changes in equity. They will also discuss how to analyze financial accounts to understand an organization's financial position and make informed financial decisions.
The course also covers the importance of double-entry accounting and how to apply it to ensure accurate financial reporting. Participants will also learn the basics of asset and liability accounting, and how to handle revenue and expenses according to accounting standards.
The course aims to enable participants to understand the basic principles of financial accounting and how to apply them in daily business, while ensuring compliance with accepted accounting standards. The course is aimed at new accountants, students, and account managers who wish to enhance their financial accounting skills or transition into the accounting field.
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