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Event Details

Course Outline:


 DEFINITION; PHASES OF ACCOUNTING; PURPOSE AND IMPORTANCE OF ACCOUNTING; USERS OF FINANCIAL INFORMATION


 BUSINESS TRANSACTIONS DEFINED


 ACCOUNT; CLASSIFICATION OF ACCOUNTS

o Assets

o Liabilities

o Equity

o Revenues

o Expenses


 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAPs)


 THE ACCOUNTING EQUATION  THE THEORY OF DEBIT AND CREDIT


 CHART OF ACCOUNTS  THE ACCOUNTING CYCLE

o Journalizing / Preparing Accounting Entries

o Posting

o Preparing the Trial Balance

o Adjusting Entries

  • Depreciation
  • Amortization
  • Bad Debts
  • Prepaid Expenses
  • Accrued Expenses
  • Accrued Income
  • Deferrals

o Closing Entries

o Preparing the Post-Closing Trial Balance


 BASIC FINANCIAL STATEMENTS

o Preparing the Balance Sheet

o Preparing the Income Statement

o Introduction to the Statement of Changes in Equity

o Introduction to the Statement of Cash Flows


 ANALYSIS OF FINANCIAL STATEMENTS

o Objectives of Financial Statement Analysis

o Types of Analysis

  • Horizontal
  • Vertical
  • Trend

o Steps in Analyzing Financial Statements

o Financial Ratios

o Exercises: Financial Statement Analysis


Resource Speaker

Mr. Stephen I. Bañares, CPA

Training Consultant


Schedule:

March 10-11, 2022

Thursday-Friday

9:00 AM - 4:00 PM


Training Fee:

From Member Institution – P 4,480.00

From Non-Member Institution – P 6,720.00


**VAT inclusive

Mar 10 & 11, 2022GMT+8

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