0925 Accounting Made Easy
“Accounting Made Easy for Everyone” is a program of the Philippine Business School that covers the fundamentals of accounting with the newcomer in mind. Accounting is more than just memorizing terms and counting money; it’s a whole new way of thinking about finances. This course assumes students have no prior knowledge about accounting or finance, and delivers lessons and examples to build accounting skills. Specifically, this class addresses 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 more. It also guides students to learn how to read financial statements properly, and how to grab meaningful information from the balance sheet, income statements and cash flow statements. After completing this course, you will have a solid understanding of accounting in today’s world. By applying the concepts learned in this course, you will understand the processes behind Accounts Payable and Accounts Receivable, you will understand how and why financial transactions are documented, you will know what cash flow is and how to improve it, you will know what profit is, how it’s interpreted, and what influences its growth. Moreover, you will know where the money in the company you work for, or own, goes. Learn accounting now and achieve a skill that is an invaluable (if not required) asset to your professional development.
• Accounting Basics
• Debits and Credits
• Chart of Accounts
• Accounting Equation
• Accounting Principles
• Financial Accounting
• Adjusting Entries
• Bank Reconciliation
• Accounts Payable
• Balance Sheet
• Income Statement
• Accounts Receivable
• Bad Debts Expense
• Cost of Goods Sold
• Stockholders’ Equity
Students will build fundamental knowledge and gain first-hand insights accounting and financial reporting through individual and group workshops taught by experienced professionals, CPAs and experts.
Textbook and other materials used
• Use of business cases
• Special topics from different textbooks
• Smart classroom with PC Projector system and Internet
• Financial statements
Teaching & Learning Methodologies
Different teaching and learning methods will be adopted in class to help students achieve the course learning outcomes and to encourage student participation, creativity and interaction with each other. Methods include lectures, focus group discussion, video, and case analysis. At the end of the program, the students will present their group’s financial statements.
Accountants, Business Owners, Office Admin, Finance professionals
September 25, 2020 ( 11AM – 4PM )
Last date of registration: September 18, 2020
Ms. Catherine Hermosa, CPA
As part of PBS continuous support to all aspiring and existing entrepreneurs, all PBS Alumni will have free business coaching (1-hour) for their business concepts, business plan or strategy within 6 months from the date of completing any relevant program. For further details, please call our Admin Team.