Why do this course?
The understanding of the principles of bookkeeping and accounting is essential for anyone who is interested in a successful career in business, enabling you to provide information concerning the financial affairs of a business needed by the owners, managers, creditors and governmental agencies.

Contents of the course:

• The nature of accounting
• assets, liabilities and capital
• debits and credits – the double-entry system
• journalizing and posting transactions
• financial statements (trial balance, trading account, profit and loss account, balance sheet)
• adjusting and closing procedures
• repetitive transactions – the sales and the purchases journals
• the cash journal
• summarizing and reporting via the worksheet
• the merchandising company
• costing merchandise inventory
• pricing merchandise
• negotiable instruments
• controlling cash
• payroll
• property, plant and equipment depreciation
• the partnership
• the cooperation
• financial statements (trial balance, trading account, profit and loss account, balance sheet)
• adjusting and closing procedures
• repetitive transactions – the sales and the purchases journals
• the cash journal
• summarizing and reporting via the worksheet
• the merchandising company
• costing merchandise inventory
• pricing merchandise
• negotiable instruments
• controlling cash

Minimum class size: 10 participants 

Prerequisites: English Literacy