[Learn Accounting The Easy Way] Would you like to know how to understand how your accountant creates journal entries, ledgers and financial statements? Then this seminar is for you.
In this seminar we will have an interactive discussion on how to prepare accounting data from start to closing a taxable year. The discussion also includes spreadsheets to aide you in preparing your financial accounting books and data.
If you don't have a basic background of accounting, we recommend that you attend Basic Accounting 101 first to understand the theory and concepts of accounting.
AT THE END OF THE SEMINAR:
-You will be able to create entries in your accounting books such as your journal and ledgers
-You will be able to create your own financial statements such as balance sheet, income statement, statement of changes in equity and statements of cash flows
-You will be able understand the accounting requirements of the BIR
-You will be able to use accounting properly in your business or in your investing decisions
TOPIC OUTLINE:
How to prepare:
-Chart of Accounts
-Journal Entries
-Ledger
-Trial Balance
-Adjusting Entries and Correcting entries
-Financial Statements
-Balance Sheet
-Income Statement
-Statement of Cashflows
-Statement of Changes in Owner's Equity
-Closing Entries and Closing Trial Balance
Interactive practical accounting cycle from start to closing a taxable year
Includes discussion on how to incorporate taxes in your accounting entries
Includes spreadsheets on the basic books of account requirement by BIR.
With inclusion of other spreadsheets used for financial statement preparation
Includes spreadsheet for schedules of important accounts for internal control purposes and for audit use.
TITLE OF SEMINAR: Basic Accounting 102: Practice Sets and Exercises
WHO SHOULD ATTEND: Business Owners, Freelancers, Professionals, Sales People, People who want to learn more about basic accounting.
