Introduction to the Principles of Accounting

Introduction to the Principles of Accounting

  • Date of Seminar: 18 & 19 October 2018
    From 8:00 till 17:00
  • Duration: 18 hours spread over 2 days
  • Location : West Hall, Beirut Symposium Executive Centre, Wardieh Street, Sin el-Fil, Beirut, Lebanon
  • Instructor: George Assilian

The course covers the fundamentals of accounting, providing the participants with an understanding of the basics underlying the day to day accounting process, the principles of book-keeping and financial accounting. This course assumes students have no prior knowledge about accounting or finance, and delivers lessons and examples to build their accounting skills.

Price : $650

  • Seminar Objectives

    This two-day course familiarizes the participants with the essential accounting principles and the basics of double entry book-keeping, enabling the participants to perform all accounting functions from recording of business transactions to preparation of basic financial statements and finally read and analyse financial statements.

  • Outline

    • The nature and purpose of financial accounting;
    • An introduction to financial accounts;
    • Accounting principles, assumptions & concepts;
    • Overview of the basic financial statements;
    • The difference between debits and credits;
    • Journal entries;
    • Chart of accounts and the ledger accounts;
    • The general ledger;
    • Revenue and expense items;
    • The accounting cycle;
    • Posting to the general ledger;
    • Trial balance;
    • Adjusting entries and work sheets;
    • Recording of adjusting journal entries;
    • Completion of the accounting cycle
    • Accounting for sales;
    • Accounting for purchases;
    • Accounting for cash;
    • Accounting for property, plant and equipment & depreciation;
    • Intangible assets and amortization;
    • Inventory & inventory valuation methods;
    • Accounting for receivables;
    • Accounting for payables;
    • Forms of business organizations;
    • Accounting for shareholders' equity;

  • Target Audience

    The course is designed for junior accountants, attorneys, business owners and managers, presidents and vice presidents, office managers, human resource and payroll professionals, credit and lending analysts, or anyone who wants to understand basic accounting.

  • Delivery Method

    The seminar features a series of lectures supported by discussion sessions, illustrations and practical exercises in key areas

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George has over 30 years of professional teaching and training experience, during which he has contributed to the development of the business education, through developing training centers, whereby he holds seminars on various accounting, auditing, finance and management related topics for executives and business managers. He has been successful in ensuring that business community at large and young generations benefit from his vast experiences & the world‐wide best practicesRead More....