Fundamentals Accounting I

Fundamentals of Accounting I

Overview
Embark on a journey into the heart of accounting essentials, where financial fluency begins. From mastering terminology to decoding financial statements, this course lays the groundwork for confident financial literacy.

Objectives
1. Understand the role of accounting in business, Explain the accounting equation and its element

2. Understand the steps in accounting cycles, know the rule of double entry systems, Complete worksheets and prepare financial statements

3.Understand the accounting for merchandizing businesses and its applications
4. Understand internal control mechanisms over cash & receivables, Apply accounting principles and control of cash and receivables

Structure
1. Introduction: Unveiling Accounting’s Basics
2. Financial Statements: Your Window into Business Health
3. Transaction Recording: From Journal Entries to Post closing trial balance
4. Cash and receivable Accounting
5. Analyzing Transactions: Unraveling Financial Insights

Materials
– Dynamic Lectures & Engaging Slides
– Interactive Quizzes & Real-World Examples
– Practical Exercises & Case Studies
– Resource Library for Deeper Understanding