This webinar will help you and your staff understand how your accounting books are constructed from source entry to trial balance.
You will be able to recognise and understand the accounting entries that originate within your own business, therefore enabling a more controlled environment within which your business can operate.
Additionally, you will be introduced to the accountant and bookkeepers' jargon, enabling you to understand the language of business.
This webinar is designed for entrepreneurs, and financial and bookkeeping staff, who wish to gain a basic understanding of how the "books of account" are designed and integrated into business, leading ultimately into Financial Statements.
The following topics will be discussed:
- Basic Bookkeeping and Accounting Terminology.
- Why you need Bookkeeping.
- Accounting Cycle.
- Source Documents - Books of First Entry.
- Chart of Accounts.
- Trial Balance.
- Month/Year End Close of Process.
- Annual Financial Statements (AFS).
This webinar contributes towards 3 CPD points for professionals, and is supported by the ICBA.