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