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INTRODUCTION TO ACCOUNTING AND FINANCE

 

COURSE OBJECTIVES

  • Explain the objectives of external financial reporting.
  • Explain the different types of community organizations.
  • Identify and describe each of the major financial statements.
  • Identify the fundamental accounting equation which links internal accounting to the external financial statements.
  • Analyze simple transactions in terms of the accounting model.
  • Record the results of transactions using T-accounts.
  • Develop an understanding of the format for journal entries.
  • Determine when journal entries are required.
  • Differentiate between source journals and subsidiary journals.
  • Understand the concept of posting information from the journals to the General Ledger.
  • Analyze simple transactions and determine if accounting entries are required.
  • Record the transactions in journal entry form and prepare the necessary working trial balance.

 

 

 

Start Date: 
Monday, Tissaipa 4, 2017
End Date: 
Friday, Tissaipa 8, 2017
Location: 
EIA training lab
Nunallaaq: 
Iqaluit
Region: 
Iqaluit
Registration Deadline: 
Monday, Nuvaipa 20, 2017
Contact Email: 

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