Practical Accounting for Non Accounting Professionals

Course Description

Practical Accounting for Non Accounting Professionals aims to help participants graduate and progress from simple, layman knowledge of accountancy terms to be able to sufficiently exercise practical knowledge for tracking and accounting for business transactions. It provides a comprehensive overview into basic and relevant accounting practices that are intrinsic to the functioning of businesses. It aims to enable participants to independently manage simple acounts with ease.

The unique feature of this course is the after course mentoring of 10 hours (participant must complete all modules). This aims to put participant in position to prepare the basic income statement and Balance Sheet from source documents. Use of excel worksheets to prepare accounting sehdules is incorporated for a hands-on approach.

Participants who complete the 4 Modules can opt to sit for the IAAP (The International Association of Accounting Professioals) Certificate. Details of the certification can be obtained from Providence Management Services Pte Ltd.

The International Association of Accounting Professionals (IAAP) has been established to provide international recognition for the level of qualification achievement of accounting professionals and, through that recognition, to enhance their status in the financial and business communities. Holders of a current IAAP membership certificate can enjoy the benefits of this international recognition in their careers. The ‘AAP ‘Accounting Professional’ also enjoys the prestige and status that is conferred by this title

The full course consists of 4 Modules:

Module 1:

• Context and purpose of Financial Reporting
• Qualitative characteristics of financial information
• Use of double-entry and accounting systems

Module 2

• Recording transactions and events e Using Excel worksheets for preparation of accounting schedules

Module 3

• Preparation of trial balance e Preparation of basic financial statements

Module 4

• Interpretation of financial statements

Course Objectives (Module 1)

To introduce fundamental regulatory framework related to accounts preparation and the double — entry accounting system.

Course Content

Module 1:

• Context and purpose of Financial Reporting
• Qualitative characteristics of financial information
• Use of double-entry and accounting systems

Duration

2 days

For Whom

Supervisors, Managers, Leaders, Professionals of the business environment and Aspiring Students

Methodology

Presentation, Hands-on Activities

Course Title: Practical Accounting for Non Accounting Professionals Module 2

Course Description

Practical Accounting for Non Accounting Professionals aims to help participants graduate and progress from simple, layman knowledge of accountancy terms to be able to sufficiently exercise practical knowledge for tracking and accounting for business transactions. It provides a comprehensive overview into basic and relevant accounting practices that are intrinsic to the functioning of businesses. It aims to enable participants to independently manage simple accounts with ease.

The unique feature of this course is the after course mentoring of 20 hours (participant must complete all modules). This aims to put participant in position to prepare the basic income statement and Balance Sheet from source documents. Use of excel worksheets to prepare accounting schedules is incorporated for a hands-on approach.

Participants who complete the 4 Modules can opt to sit for the IAAP (The International Association of Accounting Professionals) Certificate. Details of the certification can be obtained from Providence Management Services Pte Ltd

The International Association of Accounting Professionals (IAAP) has been established to provide international recognition for the level of qualification achievement of accounting professionals and, through that recognition, to enhance their status in the financial and business communities. Holders of a current IAAP membership certificate can enjoy the benefits of this international recognition in their careers. The IAAP ‘Accounting Professional’ also enjoys the prestige and status that is conferred by this title.

The full course consists of 4 Modules:

Module 1:

• Context and purpose of Financial Reporting
• Qualitative characteristics of financial information
• Use of double-entry and accounting systems

Module 2:

• Recording transactions and events
• Using Excel worksheets for preparation of accounting schedules

Module 3:

• Preparation of trial balance
• Preparation of basic financial statements

Module 4:

• Interpretation of financial statements

Course Objectives (Module 2)
Hands on practice of recording transactions and events, including using Excel worksheets to prepare accounting schedules

Course Content
Module 2

• Recording transactions and events
  1. Sales and purchases
  2. Cash
  3. Inventory
  4. Tangible non-current assets
  5. Depreciation
  6. Intangible non-current assets and amortisation
  7. Accruals and prepayments
  8. Provisions and contingencies
  • Using Excel worksheets for presentation of accounting Schedules

Duration
2 days

For Whom

Supervisors, Managers, Leaders, Professionals of the business environment and Aspiring Students

Methodology

Presentation, Hands-on-Activities

Course Title: Practical Accounting for Non Accounting Professionals Module 3
Course Description
Practical Accounting for Non Accounting Professionals aims to help participants graduate and progress from simple, layman knowledge of accountancy terms to be able to sufficiently exercise practical knowledge for tracking and accounting for business transactions. It provides a comprehensive overview into basic and relevant accounting practices that are intrinsic to the functioning of businesses. It aims to enable participants to independently manage simple accounts with ease.

The unique feature of this course is the after course mentoring of 20 hours (participant must complete all modules). This aims to put participant in position to prepare the basic income statement and Balance Sheet from source documents. Use of excel worksheets to prepare accounting schedules is incorporated for a hands-on approach.

Participants who complete the 4 Modules can opt to sit for the IAAP (The International Association of Accounting Professionals) Certificate. Details of the certification can be obtained from Providence Management Services Pte Ltd

The International Association of Accounting Professionals (IAAP) has been established to provide international recognition for the level of qualification achievement of accounting professionals and, through that recognition, to enhance their status in the financial and business communities. Holders of a current IAAP membership certificate can enjoy the benefits of this international recognition in their careers. The IAAP ‘Accounting Professional’ also enjoys the prestige and status that is conferred by this title.
The full course consists of 4 Modules:
Module 1:

• Context and purpose of Financial Reporting
• Qualitative characteristics of financial information
• Use of double-entry and accounting systems

Module 2:

• Recording transactions and events
• Using Excel worksheets for preparation of accounting schedules

Module 3:

• Preparation of trial balance
• Preparation of basic financial statements

Module 4

• Interpretation of financial statements

Course Objectives (Module 3)
Hands on practice of preparing basic financial statements.
Course Content

Module 3

• Preparation of trial balance
  1. Trial Balance
  2. Correction of errors
  3. Control accounts and reconciliations
  4. Bank reconciliations
  5. Suspense Accounts
  • Preparation of basic financial statements
  1. Events after the reporting period
  2. Statements of financial position
  3. Statements of profit or loss and other comprehensive income
  4. Statements of cash flows
  5. Disclosure notes

Duration
2 days

For Whom
Supervisors, Management, Leaders, Professionals of the business environment and Aspiring Students

Methodology
Presentation, Hands-on Activities

Course Title: Practical Accounting for Non Accounting Professionals Module 4
Course Description
Practical Accounting for Non Accounting Professionals aims to help participants graduate and progress from simple, layman knowledge of accountancy terms to be able to sufficiently exercise practical knowledge for tracking and accounting for business transactions. It provides a comprehensive overview into basic and relevant accounting practices that are intrinsic to the functioning of businesses. It aims to enable participants to independently manage simple accounts with ease.

The unique feature of this course is the after course mentoring of 20 hours (participant must complete all modules). This aims to put participant in position to prepare the basic income statement and Balance Sheet from source documents. Use of excel worksheets to prepare accounting schedules is incorporated for a hands-on approach.

Participants who complete the 4 Modules can opt to sit for the IAAP (The International Association of Accounting Professionals) Certificate. Details of the certification can be obtained from Providence Management Services Pte Ltd

The International Association of Accounting Professionals (IAAP) has been established to provide international recognition for the level of qualification achievement of accounting professionals and, through that recognition, to enhance their status in the financial and business communities. Holders of a current IAAP membership certificate can enjoy the benefits of this international recognition in their careers. The IAAP ‘Accounting Professional’ also enjoys the prestige and status that is conferred by this title.

The full course consists of 4 Modules:
Module 1:

• Context and purpose of Financial Reporting
• Qualitative characteristics of financial information
• Use of double-entry and accounting systems

Module 2

• Recording transactions and events o Using Excel worksheets for preparation of accounting schedules

Module 3

• Preparation of trial balance
• Preparation of basic financial statements

Module 4

• Interpretation of financial statements
  1.Importance and purpose of analysis of financial statements
  2.Ratios
  3.Analysis of financial statements

Duration
2 days

For Whom
Supervisors, Managers, Leaders, Professionals of the business environment and Aspiring Students

Methodology
Presentation, Hands-on Activities