Basic Financial Accounting Training – 10 Hours

Basic Financial Accounting Training - 10 Hours

The purpose of this program is to enlighten the fundamentals of accounting, rules, concepts and conventions of financial accounting, learning of workflows of the financial transactions, flow chart of this program in the actual work/project.

The concepts of financial accounting are most highly developed and clearly defined in the business world. This graduate course introduces the basic concepts and principles of accounting for preparing the financial statements such as income statement (financial performance) and balance sheet (financial position).

Program Objective

The ultimate objective of this program basic financial accounting would involve enlightenment of skills of financial accounting in two dimensions and to become an expert in the financial model, workflows, learning real time challenges, potential risk actions, and actual scenarios from various Industry Best Practices.

Functional skills:
1. Effective learning from the roots of the accounting and enhancement of academic concepts, contents

Technical Implementation skills:
1. The subject matter experts from various industries right from IT, Software, Healthcare, BPO/ KPO, Real Estate, Banking, Telecommunication, Audit and service will deploy their expertizes, sharing best practices, real time essential scenarios in implementing your concepts/learnings Technically in systems, applications, and ERP environment in your real time work space.

Program Contents

What is a financial accounting?
Accounting Concepts & Conventions
Accounting Rules
Journals and Types of Journal being posted in the organization
Book Keeping
Trial Balance
Preparing Profit and Loss account/ Income statement
Balance Sheet

Performance Evaluation

An Initial evaluation of the performance of the candidate, Identifying the improvement areas, training/ enlightening the gaps, and roll out the final evaluation before the end of the training.

Outcome of the Program

You will become an expert accounting professional conceptually and technically in implementing your functional skills at your work, and driving the process/project more effectively in compliance to the project requirements. In addition, a certificate is awarded after completion of the program.

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