Fundamentals Of Accounting

This foundational course provides participants with essential knowledge of accounting principles, processes, and financial reporting standards. It is designed to build a solid understanding of how financial information is recorded, classified, summarized, and interpreted to support effective decision-making and ensure organizational transparency and compliance.

By the end of this course, participants will be able to:

– Understand and apply basic accounting principles, concepts, and standards.
– Record financial transactions accurately using double-entry bookkeeping.
– Prepare and interpret key financial statements: balance sheet, income statement, and cash flow statement.
– Analyze financial information for internal reporting and decision-making purposes.
– Apply basic accounting practices to ensure regulatory compliance and internal financial control.

1- Introduction to Accounting Principles, Standards, and Frameworks
2- Double-Entry Bookkeeping and Recording Financial Transactions
3- Preparing and Understanding Financial Statements
4- Financial Analysis Techniques for Business Decision-Making
5- Internal Controls, Compliance, and Ethics in Accounting

Newly appointed accountants, finance assistants, administrative staff, junior auditors, small business owners, and non-finance professionals who require a fundamental understanding of accounting processes.

The course uses interactive lectures, practical bookkeeping exercises, financial statement preparation workshops, group discussions, and real-world case studies to reinforce accounting concepts and their applications.

Upon completion, participants will have a working knowledge of the accounting cycle, be capable of preparing basic financial reports, and use financial information to support business management and strategic planning.