Essential Accounting & Bookkeeping Knowledge for Clerical Staff

Course Objective

This is a Bookkeeping course. It is designed to give participants a complete understanding of all basic accounting principles & procedures as well as the ability to explain these principles and procedures to clients in everyday jargon free language.

Course Contents

1. Accounting - The Language of Business

• 3 Essential Elements of Business - Money, Product & Customer
• Interaction of the 3 Elements of Business
• Sales without Collection is Suicide

2. Accounting Cycle

• Chart of Accounts
• Source documents,Ledgers, Sub-ledgers & Trial Balance
• Closing Journals

3. Booking & Reporting

• Cash Book, Stock Book, Creditors Book & Debtors Book
• Profit & Loss Account, Balance Sheet & Cashflow
• Accrual Accounting - Profit & Loss Account is not Cash

How You Will Benefit

By the end of the course you will:

• You'll know the Most Essential Elements of Business
• You'll understand the jargons in accounting.
• You'll know the basic principles of accounting used in Bookkeeping, Reporting, Analysis and Planning.
• You'll be able to communicate effectively with your accountants and bank managers to get the right help from them.
• You'll be able to how to develop a set of books of accounts.
• You'll understand accounting systems.

Duration

• 16 Hours

Fees

• New Zealand: NZ$5000 (net of withholding tax) a day plus expenses and cost of manuals

• Outside New Zealand: USD$5000 (net of withholding tax) a day plus expenses and cost of manuals

Number of Participants

• Up to 35 participants