Introduction

This program will briefly introduce the importance of accounting in business, including different kinds of accounting, its role in calculating tax dues, and managing the organization's financial health.

Keywords

Fundamental accounting concepts, financial statements, accounting vocabulary. , accounting process for taxation, effects of incorrect accounting

What You Learn

1

Fundamental accounting concepts, including accrual vs. cash basis accounting.

2

Concepts of going concern, entity, historical, materiality, consistency, and prudence.

3

Elements of financial statements, namely assets, liabilities, equity, income (revenue) and expenses.

4

Basic accounting terminology, including debits and credits, journal entries, ledger, trial balance, and double-entry accounting.

5

Preparing financial statements, including income statements, balance sheets, and cash flow statements.

6

Accounting considerations for taxation, including taxable income, tax deductions, and tax compliance.

What You Get

Videos

Videos

Articles

Articles

Digital Badges

Digital Badges

Quizzes

Quizzes

Handouts

Handouts

One-to-one mentorship

One-to-one mentorship

This Is For You If

You have an accounting staff that needs to build a strong foundation in accounting principles.

How You Benefit

Understand the significance of sound accounting fundamentals in business operations and decision-making.

Grasp the role of different statements in financial reporting and in assessing a company's financial health.

Appreciate the interrelatedness and articulation of different statements.

Appreciate the legal, regulatory, reputational, and financial consequences of incorrect accounting.

Related Programs

1

Understanding Bank Financial Statements

2

Accounts Receivable and Payables

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The Silver Brook Advantage

End-to-End Program Management

Every program is managed end to end by the SB team through reminders, attendance, assignments, mentorships, and tests.

Going the Extra Mile

Each program is designed and delivered with a focus on maximizing learning outcomes and achieving the terminal objectives.

The Personal Touch

Our programs are tailor-made to our partner organizations and their individual learners.

Integration across Disciplines

Programs across Life Skills, Leadership, Business, and Technology for all industry sectors.

Why Learn from

Silver Brook

20,000

programs conducted in nearly 2 decades.

80%

of our clients are Fortune 500 companies.

92

out of 100 learners recommend our programs to others (NPS score).

483,000+

professionals have leveled up their skills and mindsets.

42%

of our programs are mandatory for some clients’ employees.

80%

of clients repeat our programs.

800

years of collective experience in planning and upskilling.

50+

Facilitators come from top management and leadership roles.

12

countries and growing…

Get it

Customized

Call us to talk to one of our learning advisors about your upskilling requirements or use the form below to send us a message.