| - Why book keeping? Benefits to the owner of business
- Basic concepts of book keeping including working capital cycle management, sources of cash, basic elements of balance sheet and profit and loss account and understanding cash flows of business etc.
- Types of records which should be maintained by small business and detailed discussion on basic concepts and themes including cash book, general ledger, tax register and statements etc.
- Preparation of basic financial statements including balance sheet, profit and loss account and cash flow statements (Participants will be taught how to prepare basic financial statements of their own businesses)
- Working capital cycle: Concept and management
- Access to finance: Do you need it? (Based on financial statements of your business)
- Ratio and trend analysis i.e. using financial statements
Accounting Softwares |
