Course Details
Overview of the course:
The accounting course provides detailed practical knowledge as to how the books of accounts are maintained in corporate companies. Each company needs accountants to maintain the books of accounts and the job opportunities are huge.
For whom the course is?
- Those who want to take accounting as their profession
- Those who are the non-accounting graduate but want to have a grip on accounting
- Employees in Non-Accounting field who want to enter into the accounting profession
- Fresh Graduates trying to enter into the Job market
The outcome of the course:
After the course, one will be able to:
- Understand accounting concepts & rules of Debit & Credit
- Recognize the nature of accounts, classification and chart of accounts
- Able to maintain accounting records in ERP posting the transaction to right accounting heads
- Prepare Trial Balance, Balance Sheet and Cash Flow
Important Course Outlines:
Why Accounting Course/importance of books of accounts
Job Profile/role of an Accountant, skills and qualification
Introduction to Accounting and financial statements, Getting Familiar with Accounting & Financial Terms
Accounting Rules DEBIT & CREDIT, Concepts, Bases of Accounting-CASH & ACCRUAL
Preparation of Chart of Accounts, Classification of Accounts
Accounting Process, Recognizing type of transactions and events, Types of Entries, Vouchers & Ledgers
Passing Entries, posting to Ledgers, preparing TRIAL BALANCE, PROFIT & LOSS ACCOUNT, BALANCE SHEET and CASH FLOWS-Linking them through formulas through Excel
Practice Session-Quiz-MCQ and Case Study
An introduction to Manufacturing & Contracting accounting and how they are different from Trading
Sources of finances, Users of Financials, Stakeholders, their rights and obligations
Banking-Reconciliation, Types of Bank facilities-OD, TR, LC, LG, Term Loan
Revenue measurement, Stocks Valuations, Cost of Goods calculation, GP/Mark-up and some P/L Ratios
Break-Even and Payback period calculation, Fixed/Variable/Direct/Indirect Expenses
2 Case Studies with the preparation of full financial statements and touching upon simple Ratios
Course Duration:
Up to 20 hours
Separate timings can be arranged according to the convenience of the students
Course fee: AED 1200 - discount available for group enrolment
Materials: We provide 150-200 Pages of comprehensive training materials & hand-outs
Certificate: We provide after the successful completion of the course
Our Training Approach:
Trainer-CA, CMA, CPA – 20 years of experience
Mock tests, Case studies with simulations
Training in the small batch for personalized attention
Flexible timings
Why choose ELEGANTly?
Our training starts from Basic yet in detail
Cost effective yet best quality
Each course by certified & qualified and subject matter experts
Course Completion Certificate
Flexible timings-evenings and weekends