Disclaimer: Cardiff Institute operates as an independent institute and is not administered or affiliated with any universities in the United Kingdom
ACC102

Accounting for Non-Accountants

Error: Contact form not found.

Why Attend

Accounting is the language of business. By attending this course you will learn the fundamentals of accounting as well as reading and analyzing financial statements. You will also appreciate the relationship between accounting and finance and understand the use of debits and credits. Finally, this course will help you to record financial transactions accurately and summarize them in financial statements.

Course Methodology 

This course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants, in addition to demonstrating theoretical core accounting topics. The course also features real-life case studies that are discussed, solved and presented by participants.

Target Audience

Managers, supervisors and staff from any function including the accounting department who need to improve their understanding, application and techniques of the language of numbers.

Course Objectives

Provided by the SQ, By the end of the course, participants will be able to:


Define accounting and the accounting cycle

Identify the major rules and principles of accounting under the IFRS

Demonstrate knowledge of the basic accounting equation, and the new automated accounting systems

Practice financial statements’ adjustments at month and year-end

List the key financial statements (balance sheet, income statement, changes in shareholders’ equity and cash flow statement) and their components

Course Outline


Introducing accounting and financial statements

International financial reporting standards

Double-entry accounting

Income statements

Net equity

The balance sheet and its components

Cash flow statement

Adjustments to financial statements

Target Competencies


Accounting for business transactions

Preparing income statements

Interpreting balance sheets

Analyzing cash flow statements

Preparing adjustment entries

Using debits and credits

Applying international financial reporting standards

 

Program Methodology


In Person

Online