Basic Principles of Accounting (Accounts Assistant)

Basic Principles of Accounting (Accounts Assistant)
SAQA ID 7861, NQF Level 5, Credits 8)

Dates & Venues

Johannesburg

2 - 3 September 2010
Lion House, Kensington

Cape Town

7 - 8 September 2010
Lagoon Beach Hotel

Durban

14 -15 September 2010
Sica's Guesthouse

Register for this event Now

Fees

Fees per delegate:
R3 190 per delegate (Excl Vat).

Included in the fees:
* Course material
* Parking
* Refreshments
* Lunch
* Certificate of attendance

Terms & Conditions

Event Cancellation:
All cancellations must be confirmed in writing to info@abelusi.co.za
For cancellations received more than one week prior to the course:
• 10% cancellation fee will apply.
For cancellations received less than ONE WEEK prior to the course:
• 25% cancellation fee will apply.
For cancellations received within 24 hours of the course:
• 100% cancellation fee will apply.

Substitutes are welcome at no additional charge. Substitute's personal and contact details must be e-mailed to info@abelusi.co.za.

Postponements:
All Postponements not received in writing at least 2 working-days prior to the event will incur a 40% penalty fee.

Absent Delegates:
In the event that a delegate does not arrive for the course and no written cancellation has been received and confirmed, the full course fee will be payable

Presenters:
Should it be necessary, Abelusi Training Network reserves the right to substitute the presenter with a suitable and capable substitute.

Course Aim:

A 2-day workshop with a down to earth practical approach to the basic principles of accounting, exercises and examples to coach learners on the how and the why of accounts. This is also a “refresher” course for accounting staff to enable them to see accounting as a composite system, and not just a fractured departmental stand alone section. Understanding the fundamentals of basic accounting in the workplace, and how the different departments integrate to produce the financial statements of the business.

Outcomes (At the end of the course delegates will understand, will understand...):

Basic Accounting
Journals
Double Entry
Trial Balance through financial statements
Income Statement
Cash Flow Statement
Balance Sheet
Source Documents
Ledgers and Posting

During this skills programme you will perform the following:

• Check invoices against delivery notes
• Calculate balances and totals correctly
• Code entries and record in appropriate ledger
• Identify and resolve discrepancies
• Communicate with suppliers
• Schedule and authorise payments
• Maintain security and confidentiality
• Explaining the concept of budgeting in a business unit.
• Analysing the budget needs of a business unit.
• Presenting and justifying a proposed budget for a business unit.
• Monitoring and controlling actual expenses and revenue against projected expenses and revenue

Who should attend?

Accounting staff
Debtors clerks
Creditors clerks
Stock controllers
Project Managers

Workshop Programme:

Day 1
Morning Session

Basic concepts of what accounting is, the background of accounting and the general rules
GAAP, IAS and IFRS. What this means
The concepts of transactions and source documents
Forms of Business Ownership and Organisations
Student exercises

Afternoon Session

Understanding accounts
o Accounting Concepts
o Accounting Process
o Transactions
o Accounts
o Double entry
o Trial Balance
Student exercises: posting transactions

Day 2
Morning Session

How to close off accounts and extract financial information in terms of

The Balance Sheet
The Income Statement
Statement of changes in equity
Understanding of the above financial Statements
Student exercises

Afternoon Session

Basic Costing Principles: covering:
o Cost Volume Profit
o Breakeven Analysis
o Margin of Safety
o Student exercises
Introduction to Budgeting
o Where does the budget come from
o How to do a budget
o The cash budget
o Student exercises

Course Evaluation and Closure

Need more information on this workshop? We will call you back...