AccNAAccounting for Non-Accountants
Course Overview
This intensive 3-day course is designed to equip participants with foundational knowledge and practical skills in accounting and bookkeeping, tailored for non-accountants. Through a blend of lectures, hands-on exercises, and project work, learners will navigate the essentials of double-entry bookkeeping, financial documentation, transaction analysis, and financial statement preparation. The course emphasizes real-world application, from managing ledger accounts to applying financial analysis and cash flow management strategies. Aimed at enhancing decision-making abilities, this course prepares participants to effectively handle accounting tasks and understand financial reports within their professional roles.
Key Takeaways
Course Outline
Importance, differences, and how both fields complement each other.
Understanding the accounting equation, types of accounts, and the role of financial statements.
Concept, importance, and application in recording transactions.
Identifying different types of business transactions and their impact on financial statements.
Importance of documentation, how to document transactions, and organizational best practices.
Participants will engage in exercises to apply double-entry bookkeeping principles using sample transactions.
How to record various banking transactions in the books.
Key concepts in payroll accounting and recording payroll transactions.
Setting up, managing, and balancing ledger accounts with practical examples.
Recording and managing sales and purchase credit transactions, understanding the impact on cash flow and financial statements.
Purpose and types of reconciliations, with practical exercises on bank reconciliations and reconciling ledger accounts.
Group activity to apply learned concepts in a simulated business environment, focusing on transaction recording and ledger management.
Techniques for advanced bank and account reconciliations, including handling discrepancies and adjustment entries.
Detailed guide on preparing financial statements from the trial balance, including income statements and balance sheets.
Basics of financial statement analysis, ratio analysis, and their significance in decision-making.
Understanding cash flows, preparing cash flow statements, and strategies for effective cash flow management.
Participants work on their final projects, which involve comprehensive accounting scenarios, including transaction recording, reconciliations, financial statement preparation, and analysis.
A session for participants to present their projects, showcasing their application of the comprehensive accounting and bookkeeping skills learned throughout the course.
Who Should Attend?
This includes managers, business owners, entrepreneurs, and anyone interested in gaining a comprehensive insight into financial reporting, bookkeeping, and financial decision-making to enhance their skills for professional or personal financial management.
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Reviews
- Review:IAMM Internal Audit Maturity ModelIn recognition of their dedication and contribution supporting IKEA Saudi Arabia in arranging training programs during 2017 & 2018, looking forward for more development and exciting effort this year. On behalf of IKEA Saudi Arabia, THANK YOU!Dalal KutbiCountry Learning & Development Manager at IKEA Saudi Arabia
- Review:Certified Professional in Quality and Patient SafetyDating back to 2014, Mobily’s “LEORON” experience has grown from a single collaboration to a long-term partnership. We consider ‘’LEORON” Institute as a strategic partner, whose contribution has been nothing but premium in equipping our staff with field-based knowledge and information. Past three years have resulted with an expanded collaboration with superior customer service and support. Best Regards,Turki S. AlsahaanDir L&D, Talent Management at Mobily, Etihad Etisalat Company
- Review:Certified Professional in Quality and Patient SafetySince the partnership was signed between BAE Systems Saudi Development & Training and LEORON in 2017, we have been working together to offer the Saudi market a complete portfolio of training solutions benefiting from the wide and extensive experience of both parties. Recognizing the great success of this partnership, we are looking for further collaborations in the future that will position both companies as one of the leading training providers in Saudi Arabia. We thank the LEORON team for their full cooperation and continuing support, and look forward to further success together in the years to come.Emad AlrajihVP, Business Winning at BAE Systems Saudi Development & Training
- Review:Certified Professional in Quality and Patient SafetyWe have been working with LEORON for the past two years and will be working with them again this upcoming year. The programs they delivered were fruitful and exciting and our organization has received positive feedback from the participants. What our organization aims to do is to provide at no cost training for all the private sector employees so that they may benefit from our offered programs in Innovation and Professional development. LEORON has helped us achieve this goal. We look forward to continuing this service and wish them the best of luck. Regards,Nasser M. Al-SubaieSr. Program Officer, Enterprise Learning & Human Development at Kuwait Foundation for the Advancemen
