General Ledger: Chart of Accounts

Course Description

This course explores the accounting cycle and the processes required to enter financial data into the system. It covers how to set up general ledger accounts, enter general ledger transactions, and post the transactions. This course also shows how to perform additional functions such as account reconciliation, budgeting, allocation, period-end procedures, and year-end closing procedures. By attending this course you will learn the fundamentals of accounting as well as reading and analyzing financial statements. You will also appreciate the relationship between accounting and finance and understand the use of debits and credits. Finally, this course will help you to record financial transactions accurately and summarize them in financial statements.

What Do Participants Learn?

• Define accounting and the accounting cycle
• Demonstrate knowledge of the basic accounting equation, double-entry bookkeeping
• List the key financial statements (balance sheet, income statement, changes in shareholders’ equity and cash flow statement) and their components
• Practice financial statements’ adjustments at month and year-end
• Chart Of Accounts Including Posting, Unit And Allocation Accounts
  
• Financial Statements 

Who Should Attend?

• This course is intended for professionals that want to learn the basic features and understand the typical day-to-day procedures of General Ledger and Chart of Accounts
• Administrators,
• Office managers,
• CEOs,
• Accountants,

What Will the Learning Experience Include?

Phase: 1

Introduce

• Comprehensive pre-program activities include:
• Web-based information forms & surveys completed by attendee.
• Direct consultation with the attendee about the expectations.

• During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
• Participants learn from expert trainers who have both academic and business experiences.
• Highly applicable training content & instructive activities for adding depth to training topics.
• **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.

Phase: 2

Explore & Practice

Phase: 3

Apply

• Apply & sustain the learning experience by using this ongoing support:
• To ensure participant has new skills or behavior progress.
• Optional, fee-based mentoring & coaching with the trainer.
• Training materials & additional documents (e-books, pdf files, presentations and articles)

• Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
• Participant's Evaluation
• Trainer's Evaluation

Phase: 4

EVALUATE