Accounting Course for the Non-Finance Professional

Accounting course for non-finance professionals is a 2-day training of which upon completion participants will be able to get started into the accounting world. As revealed by the course name, the training is catered for beginners who dont have any background knowledge of the field, training starts from basic accounting equation to how to differentiate between Financial Statement required by ACRA and Internal Management.

Course Outline:

Lesson 1: Accounting Equation Introduction  Asset  Liability  Equity  Revenue  Expense Lesson 2: Finance processes flow within Organization  Source Documents  Books of Prime Entry  Business Transaction  The impact of double entries Lesson 3: 3 main Financial Statements  Balance Sheet (Statement of Financial Position)  Profit & Loss (Statement of Comprehensive Income)  Cash Flow Statement & Cash Flow Forecast Lesson 4: Costs behaviour  Types of Cost and the linkages between each type  Cost-Volume-Profit (CVP) Graph  Break-Even Point for Business Sustainability  Marginal Costing & Absorption Costing Lesson 5: Rationalizing on Inventory Systems  Periodic System  Perpetual System Lesson 6: Mapping the Compliance requirement  Annual General Meeting  Annual Return  Scenarios requirement for Solvent/ Insolvent Companies  Scenarios requirement for Individual/ Corporate Shareholder Lesson 7: Tax Compliance Requirement  Estimated Chargeable Income (ECI)  Annual Tax Return Submission  Tax Planning aligns with Annual Singapore Budget (Ministry of Finance) Lesson 8: Ratio Analysis  Liquidity ratios  Efficiency ratios  Leverage ratios  Profitability ratios

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