Basic AccountingFinancial Management

Introduction

The workplace has evolved into a multi-skills environment that all employees should have some concepts of Basic Accounting, Bookkeeping and Finance.

This course teaches Accounting Principles together with examples. No prior background of Accounting or Bookkeeping is required. Participants will be shown step-by-step examples and prepare a set of accounts by the end of the workshop.

Key Takeaways

Upon completion of this workshop, participants will be able to;

• Outline the Bookkeeping and Accounting Principles
• Appreciate the common Bookkeeping jargons
• Understand the transformation of data from source documents into Income Statements and Balance Sheet
• Learn how to prepare a set of account document

Who Should Attend

Anyone who wishes to gain some practical aspects of Basic Accounting.

Programme Outline

• Principles of Accounts
• Accounting Standards
• Accounts Classifications
• Accounting Equation
• Source Documents
• Books of Original Entries
• Journals
• Trail Balance
• Income Statement
• Balance Sheet
• Cash Flows Statement

Methodologies

Case Studies, Exercises/Quiz and Q&A.

Programme Trainer

Lawrence Poh graduated with a degree in Economics and Japanese Studies from the National University of Singapore. He is a Fellow with the Association of Chartered Certified Accountants, (FCCA), a member of the Institute of Singapore Chartered Accountants (ISCA), an Accredited Tax Practitioner (ATP) and a member of Singapore Institute of Directors (SID). He has bagged with him more than 20 years of field experience in accounts, finance, human resources, information technologies and training.

He is ACTA certified and Master in Applied Linguistics at National Institute of Education, Nanyang Technological University.