Interpreting Financial Statements: Recording and Communicating

Overview/Description
To provide learners with an overview of the steps in the formal accounting cycle

Target Audience
Managers, prospective managers, and any other employees seeking competency in the area of accounting

Prerequisites
A basic understanding of the accounting function

Expected Duration
4:00 Hours

Objectives:

Interpreting Financial Statements: Recording and Communicating

  • To consider the basic accounting principles
  • To describe the process of recording transactions in the general journal and the process of posting journal entries to the general ledger
  • To consider the importance of the trial balance
  • To explain the preparation of financial statements and the final steps in the accounting cycle


    • Course Number: KFS22SE