Learn professional accounting to summarise, analyse and report transactions to management!
Accounting and finance principles, policies, and procedures are the most efficient way to implement company-wide effective internal control tools in any organization. They are part of every business cycle: purchase and payment cycle, inventory and production, HR and payroll, fixed assets and capitalization of costs, and the sales and collection cycle. On top of that, accounting and finance policies and procedures are essential for the board of directors and senior management to communicate limitations and authorities given to different managers and employees throughout the organization. Moreover, their use is also extended to organize financial reporting and compliance with regulators outside the organization.
Day 1
Designing accounting manual
Accounting department setup
Day 2
Accounting concepts and their application
Chart of accounts
Day 3
Long term assets
Liabilities
Day 4
Accounts receivables policies
Other accounting policies
Day 5
Reporting
