Accounting Principles 2 – Accounting Adjustments

Speaker:   |  CPD Hours: 3

Price £195 plus VAT

New dates coming soon.

OBJECTIVES

This course builds on the basic principles covered in the basic accounting principles course and develops these important concepts further. The course will enable those working in the accounting and finance functions to understand how these more complex book-keeping functions work, and interact with each other.  Case studies and worked examples will be used to give detailed explanations of how the fundamental  accounting concepts work, are updated and interact with each other. Delegates will be given the opportunity  to work through examples that reflect realistic everyday transactions they would come across in practice.

CONTENT

  • Purchase and sales ledger control accounts: How these accounts assist in business” credit control and cash flow
  • Reconciliation of control accounts: why and how these accounts have to be reconciled to ensure that management and financial accounts are accurate
  • Bank reconciliation statements: the importance of reconciliations to effectively control the business’s financial position
  • Fixed assets: disposals and revaluations

WHO SHOULD ATTEND

Staff with responsibility for preparing and providing information that forms part of an organisation’s financial reports (e.g. sales and purchase ledger staff), which would also include non-finance supervisors and team leaders and those in a supervisory capacity. All will gain useful insight into how to use financial reporting as an effective management control tool.

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