Basic Bookkeeping Skills Workshop
- Description
- Reviews
Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers.
Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to Basic Bookkeeping!
What will be learned from this program?
The topics covered in the Basic Bookkeeping Skills Workshop program are:
- Basic Terminology (Balance Sheet, Assets, Liabilities, Equity, etc…)
- Accounting Methods
- Keeping Track of Your Business (Accounts Payable, Accounts Receivable
- Understanding the Balance Sheet
- Other Financial Statements (Income Statement, Cash Flow Statement, Capital Statement, etc…)
- Payroll Accounting / Terminology (Gross Wages, Net Wages, etc…)
- End of Period Procedures (Depreciating Your Assets, Reconciling Cash, etc…)
- Financial Planning, Budgeting and Control (Reasons for Budgeting, Creating a Budget, etc…)
- Auditing (What is an Audit? When and Why Would You Audit?, etc…)
Learning Objectives:
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- Understand basic accounting terminology.
- Identify the differences between the cash and accrual accounting methods.
- Keep track of your business by becoming familiar with accounts payable and accounts receivable.
- Use a journal and general ledger to document business financials.
- Utilize the balance sheet.
- Identify different types of financial statements.
- Uncover the reasons for and actually create a budget.
- Be familiar with internal and external auditing
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Recommended For:
- Office Manger
- Executive Secretary
- Secretaries
Time to Complete:
Two days
Format:
• Work Book – Lecture
• Workshops – Video
Language:
English
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