Understanding Double Entry to Trial Balance - Part 1

Using a combination of lectures, group exercises and individual exercises with practical applications, the delegates will gain both a theoretical and practical knowledge of the topics covered. The emphasis is on the real world and as a result delegates will return to the workplace with both the ability and the confidence to apply the techniques learned

At the end of this "Understanding Double Entry to Trial Balance - Part 1" training course, you will learn to:

• Understanding the impact of transaction on the elements of accounting
• Learn how to Process transactions to their ledgers
• Analysing Accounts balance and statement of accounts
• Understanding the Credit system that businesses operates
• Extracting a Trial Balance from the respective ledgers

This "Understanding Double Entry to Trial Balance - Part 1" training course is suitable to a wide range of professionals but will greatly benefit:

• Accounts Payable, Receivable and General Ledger Staff
• Accounts Manager
• Procurement and Inventory Manager
• General Manager
• Non Accounting Executives
• Human resources Personnel

Organisational Impact

The Organisation will benefit as the following,

• Providing the delegate with the knowledge of impact of transactions
• Analysing the results from transaction giving management more accurate updates
• Reduction of accounting errors when posting transactions to their accounts
• Increase the productivity among the workforces
• Better understanding and interpretation of the various statement of accounts
• Seeing the impact of the transaction when preparing the Financial Statements

Personal Impact

The delegates will benefit as the following,

• Understanding of why accounting systems is done in such manner
• Ability to easily spot errors from the systems and reports
• Generate timely information for the users
• Recognition of the link between financial transactions and their effects
• Skills to assist colleagues that may not have been on such course to improve their task
• Networking and understanding other systems used in accounting