FINANCIAL REPORT PREPARATION COURSE

Course objective

To make you learn how to make journal entries based on reports prepared by a bookkeeper and in addition obtain skill to prepare financial reports.

Course features :

Our course feature is our nonstop attempt to find the best approach that gives you financial knowledge in short time and since its foundation in 2007. Our courses are impoved over the past nine years, which is enriched by skilled public certificatied accountant - teachers and talented students.

Advantages of our course :

  • We will teach you theoretical knowledge by teaching you how to make journal entries based on reports prepared by bookkeepers in order to record main transactions and execute each financial report sequence in accordance with International Accounting Standards.
  • We conduct practical sessions to prepare financial reports manually. Preparing a financial reports manually requires lots effort and in meantime student will obtain skillset to to work as an accountant.
  • If we have a failing student, we offer a one-time chance to attend a courseonce again or attend to a simplified version of the course. 

Main concepts of accounting

  • Classification of accounts
  • Prepare opening balance
  • Double entry accounting
  • Balance, its types and features

Sequences for financial report preparation

  • Monitor primary records
  • Record transactions through general journal entries
  • Make adjusting entries
  • Record transactions in general ledger
  • Prepare worksheet

PREPARE FINANCIAL REPORT

  • Balance Sheet
  • Comprehensive Income Statement
  • Changes in Equity
  • Cash Flow Statement

Assignments

Student will obtain skills to prepare financial reports for small and medium sized entities manually.

  • Balance sheet
  • Comprehensive Income Statement
  • S Changes in Equity
  • Cash Flow Statement