Financial Accounting for Non-Accountants

Introduction to the course and objectives

Participants acquire the necessary skills in understanding basic financial methods and concepts and how to use them in reading, analyzing and interpreting financial statements and accounts.

Target Peopel

• Discover the nature of accounting, its objectives and its basic default.
• Learn about the types of accounts and discover the double entry theory.
• Learn about the elements of the accounting system and how to define financial operations.
• Discover the types of trial balance and methods of preparing it.
• How to prepare a statement of financial position.
• How to prepare a statement of cash flows, their importance and components.
• How to prepare types of adjustment entries.

Course Content

• Definition of accounting.
• Accounting goals.
• basic characteristics.
• accounting assumptions.
• Accounting unit.
• accounting period.
• monetary unit.
• Accounting principles.
• Historical cost.
• the interview.
• constancy.

Information about the course