Description

To act effectively and progress in the accounting profession, it is necessary to perfectly master the technical fundamentals of accounting: the balance sheet, the income statement, the credit debit, the accounting statements, the chart of accounts. This training guarantees the acquisition of essential knowledge for any business accountant to be more productive, more efficient, and give meaning to their daily accounting activities.

Who is this training for ?

For whom ?

Accountant, accounting employee, bookkeeper starting out or wishing to re-appropriate the fundamental mechanisms of accounting to progress in their profession and understand the meaning of their tasks within the accounting department.

Prerequisites

None.

Training objectives

Understand the balance sheet, the income statement and the accounting organization.

Use the chart of accounts and determine the accounting allocation.

Account for current operations.

Find your way through the accounting documents

Perform basic accounting controls .

Training program

• Discover the logic of the balance sheet: the balance of uses and resources
  • From assets to the company's balance sheet.
  • Balance: jobs/resources.
  • Asset sections: fixed assets, assets, circulating.
  • Liabilities sections: equity, provisions, debts.
  • Movements in the balance sheet.
• Translate the company's activity through the income statement
  • The concepts of period, expenses and income.
  • Distinguish between the different types of expenses and income.
  • The concept of amortization and depreciation.
  • The logic of stocks and inventory changes.
  • Define the link between the balance sheet and the income statement.
• Use the chart of accounts
  • The chart of accounts: structure and organization.
  • The balance sheet accounts and the management accounts.
  • The position of the accounts on the balance sheet and in the income statement .
  • The rules of accounting coding.
  • Research approach to accounting imputation
• Post the entries
  • The concept of debit and credit.
  • The process of recording entries.
  • Practice recording accounting entries.
• Finding your way around the accounting organization
  • The supporting accounting document.
  • The classification of the accounting documents.
  • The recording in the journal.
  • The posting in the general ledger .
  • The balance of accounts.
  • Subsidiary accounting
• Complete the closing of accounts
  • Closing operations: amortization, depreciation, provision, attachment of expenses and income to the period.
  • Accounting controls to be carried out: account reconciliation; reconciliation.