4TH BOOKKEEPING ESSENTIALS: ACCOUNTING 101 AND BOOKKEEPING BASICS

Learn the basic accounting terms like debits and credits, journals, general ledger, balance sheet and income statement. Discover accounting concepts and their relationship.

Debits and credits are two terms that are the backbone of understanding basic accounting concepts. After grasping the concept of these two terms, an individual can then move on to understanding basic accounting concepts. Learn the progression from posting business financial transactions, to reporting profits and owner’s equity.

This 1-day virtual intensive course is for employees with little to no accounting knowledge who would find it useful to have a basic understanding of financial accounting in relation to making strategic decisions and directing a business.


MasterClass 3.0

4th BOOKKEEPING ESSENTIALS: Accounting 101 and Bookkeeping Basics

Speaker: Orly P. Tugob, CPA
USAID Facilitator in Conflict Management and
Negotiation Multi-awarded Toastmaster
Partner Speaker and Consultant,
ARIVA Speakers Bureau

Thursday, May 06, 2021
PART 1: 10:00 AM – 12:00 NN PHT
PART 2: 2:00 PM – 5:00 PM PHT

?REGISTER NOW! CALL US!
8832-9901 | 8835-9354
(Globe/Viber) 0917-3257870
(Smart) 0919-6142598

BUY TICKET: https://www.ariva.com.ph/reservation-bookkeeping-essentials/

View the complete details: https://www.ariva.com.ph/2021-e-learning-bookkeeping-essentials/
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Webinar Description:

This webinar covers the use of a common range of calculation methods and techniques for conducting routine financial calculations and transactions and what bookkeeping entails.

This webinar covers the fundamentals of accounting with the attendees as a newcomer in mind. Accounting is more than just memorizing terms and procedures; it’s a whole new way of thinking about finances. This session assumes participants have no prior knowledge about accounting or finance, and delivers lessons and examples to build bookkeeping and accounting skills.

This webinar will focus on accounting terminology, revenue, expenses, net income, the accounting equation, debits, credits, and balancing the accounting formula, the accounting structure, the accounting cycle, journals, ledgers, the trial balance and other topics to complete the understanding on what bookkeeping entails.

In this webinar participants will understand what accrual is. They will soon understand the processes behind Accounts Payable and Accounts Receivable Accounting and the importance of adjusting entries. They will know what profit is, how it’s interpreted, and what influences its growth.
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Webinar Outline

Session 1: Introduction to Bookkeeping and Accounting

Session 2: Accounting Cycle and Principles Used in Recording Economic Events

Session 3: Double Entry Bookkeeping System – Debit and Credit System

Session 4: The Chart of Accounts – Comparison of Manual and Electronic System of Recording

Session 5: Recording of Accounting Transactions in the General Journal

Session 6: Posting to the Ledgers

Session 7: Preparation of Trial Balance

Session 8: Preparation of the Worksheet

Session 9: Preparation of Closing Entries.