Venue
Online Course

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Event Date Mon Nov 9 EST (about 1 year ago)
Location Online Course
Region All
Details

General Accounting provides a complete foundation in basic accounting procedures. This 16-week course presents the fundamentals of accounting in a practical, up-to-date, and easy-to-comprehend manner. The goal is to provide students with a strong basic knowledge of accounting terms, concepts, and procedures. Emphasis is placed on developing a firm foundation of fundamental procedures with appropriate repetition of content through the use of examples and color-coded illustrations.

Audience:
Bank personnel with little or no accounting background at any level.

Topics:
After successfully completing this program, you will be able to:
Understand the basic accounting cycle and define the basic elements used such as asset, liability, owner's equity, revenue, and expense accounts
List the steps in the accounting cycle; prepare a post-closing trial balance and interim statements
Understand and perform functions relative to bank accounts and cash funds
Understand the implications of dealing with employee earnings and deductions, and with employee taxes, payments, and reports
Prepare a classified income statement and balance sheet, compute working capital and current ratio and journalized closing entries for a business