Accounting for Non Accounting Professionals training centre in Bangladesh

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Accounting for Non Accounting Professionals

Introduction

Professionals in every functional area need to understand the basic principles of accounting in order to make informed business decisions and to accomplish different organizational goals. Emphasizing the importance of Accounting data on the decision-making process, Accounting for the Non-Accounting professionals allows non-accounting business executives to become better users of financial information so they can be more strategic contributors to their organization and can accomplish different functions of the department/division for achieving the organizational goals.

This is a comprehensive course designed for people with no accounting background to understand the basic of accounting.

Objectives:
Understand accounting terminologies
Describe the steps in a basic accounting cycle Understand accounting rules
Demonstrate how the debit and credit system works
Check transactions using a trial balance
Prepare simple financial statements and understand their purpose
Identify accounting adjustments and demonstrate how it is being done
Prepare a simple cash flow statement
Interpret accounting data using ratio analysis
Recognize and understand annual report

Methodology

Hands-on practical sessions.

Contents of Training:

1. Basics & Principle of Accounting
2. Listing of Accounts Control Head & Ledger
3. Brief on Assets, Liabilities, Equities,Income & Expenses
4. Easy Way to define DEBIT & CREDIT
5. Project / Location wise transaction recording
6. Preparation of Monthly / Quarterly & Yearly Budget
7. Follow up Budget VS Actual
8. Preparation of Financial Reporting using Business Software ( Quickbooks )
9. Accounting Technics to Enhance Profitability
Professionals in administration, HRM, marketing, distribution, planning, engineering, production, commercial, supply chain, finance, accounts, audit and other departments or sections of public, private and other organizations.