Financial Accounting

4 out of 5
4
6 reviews

Synopsis

The module is aimed at providing knowledge and skill to participants in bookkeeping and financial accounting. The module highlights the importance of accounting, especially as a means to communicate business decisions and results of operations for internal and external users of accounting information. The module emphasizes methodology used in record economic transactions using journals, classifying transactions using ledgers and summarizing and communication information using financial statements.

Objectives

  • Study the principle of financial accounting.
  • Study the effect of profit and loss.
  • Study the financial statements, including profit and loss account, balance sheet and cash flow statement.
  • Study the information contained in the financial statement.

Learning Outcomes

  • Understand the principle of financial accounting.
  • Understand the effect of profit and loss.
  • Understand the financial statements, including profit and loss account, balance sheet and cash flow statement.
  • Understand the information contained in the financial report.

Target Audience

Maintenance Managers / Engineers / Supervisors / Technicians and those who are involved in the monitoring, planning and executing the maintenance activities.

Section 1

1
Introduction to accounting
2
Accounting process and double entry system
3
Ledger accounts

Section 2

1
Effect of profit and loss
2
Trial balance
3
Adjustments and adjusted trial balance

Section 3

1
Profit and loss account
2
Balance sheet

Section 4

1
Bank reconciliation
2
Cash flow statement
3
Acid tests


4
4 out of 5
6 Ratings

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Enrolled: 137 students
Duration: 20 hours
Lectures: 11
Level: Advanced

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Working hours

Monday 9:30 am - 6.00 pm
Tuesday 9:30 am - 6.00 pm
Wednesday 9:30 am - 6.00 pm
Thursday 9:30 am - 6.00 pm
Friday 9:30 am - 5.00 pm
Saturday Closed
Sunday Closed