Certified Accounts Assistant in Finance, Accounting and Budgeting Course


INTRODUCTION

All business decision-making involves analyzing situations containing varying degrees of risk. This Programme uncovers the essential skills required to understand the processes of budgeting and cost control for better decision-making. From understanding the importance of a well-defined budget process through to the importance of how costs behave so that realistic cost cutting and budgeting plans can be produced.  In this Programme you will learn how to:

Duration

10 Days

Who should Attend

Managers, Finance managers, Accountants, Internal auditors, Non-Finance managers and officers interested in hands-on skills in areas such as preparation and interpretation of financial statements.

Objectives:

  • By the end of the program, participants will be able to:
  • Define the accounting cycle.
  • Discover how accounting affects their day-to- day business.
  • Outline the components of financial statements.
  • Perform every step of the accounting closing cycle.
  • Get up-to-date with accounting terminology that will enable them to perform more effectively at work.

COURSE OUTLINE

Introduction to Accounting

  • Importance of Accounting and the Accounting Cycle
  • Accounting Regulatory Bodies
  • International Financial Reporting Standards (IFRS)
  • Generally Accepted Accounting Principles (GAAP)
  • Accounting Rules Updates and Changes
  • Stakeholders and Users of Accounting Information
  • Company Structures and Business Activities
  • Accounting Principles and Guidelines
  • Other Characteristics of Accounting Information
  • How Principles and Guidelines Affect Financial Statements

Analyzing Transactions

  • Identifying Account Names
  • Classifying Accounts
  • Interpreting Account Movements

The Double Entry Accounting

  • Debits and Credits
  • The Importance of T-Accounts
  • The 7 Rules of Debits and Credits
  • Sub-Ledgers and General Ledgers
  • Preparing Trial Balance

Adjustment Process

  • Adjusting Assets and Liabilities, Revenues and Expenses:
  • Accrued Liabilities / Expenses and Revenues
  • Deferred Assets / Expenses and Revenues
  • The Process of Preparing Adjusted Trial Balance
  • Adjustments for Contra-Accounts

Closing Process

  • The Four Important Closing Entries
  • Using the 10-Column Worksheet
  • Preparing Financial Statements:
  • Income Statement
  • Balance Sheet
  • Understanding and Preparing Closing Trial Balance

Assets Accounting and Reporting

  • Accounting and Presentation of Cash, Petty Cash and Cash Reconciliation
  • Accounts Receivable and Allowances
  • Inventory Costing and Valuation
  • Recording and Maintaining Fixed Assets
  • Depreciation and Accumulated Depreciation
  • Intangible Assets and Other Non-Current Assets

Current Liabilities and Accruals

  • Accounts Payable and Notes Payable
  • Accrued Liabilities
  • Short and Long-Term Loans

Understanding Shareholders’ Equity

  • Share Capital
  • Retained Earnings
  • Government and Management Reserves

Enroll for this Course

We are proud to offer this course in a variety of training formats to suit your needs.

IRES

Enroll to In-Person (Face to Face)

We use the highest quality learning facilities to make sure your experience is as comfortable as possible.

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IRES

Enroll for a Virtual Zoom Class

Join a scheduled class with a live instructor and other delegates.

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IRES

Enroll for Online Self-paced Class

Keep track of your own progression throughout your course and ensure continuous improvement.

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Benefits of Taking a Course at IRES

LEARN

Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.

NETWORK

Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.

GROW

Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.

FAQs & Course Administration Details:

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on Phone: +254 715 077 817 or Email: [email protected].
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to [email protected].
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer. Email: [email protected] Phone: +254 715 077 817.

Who else has taken this course?


# Job Title Organisation Country
1 Clerical officer Narok county government Kenya
2 Clerical officer Narok county government Kenya