Accounting Principles and Practices in the Education Sector Online Training

  • Time

    10:00am - 3:00pm

  • End Date

    21 Feb, 2022 - 23 Feb, 2022

  • Price

    ₦175,000

Event Details

By the end of this workshop, you will be able to:

  • Explain the meaning of the term Generally Accepted Accounting Principles (GAAP).
  • Define assets, liabilities, and owner’s equity.
  • Describe the causes of change in owners’ equity, specifically: Owner investments, Owner withdrawals, Net income, Net loss
  • Explain the effect of various transactions on the accounting equation.
  • Prepare a simple: Income Statement, Statement of Owner’s Equity, statement of financial position

 

COURSE CONTENT

  • The fundamental concepts of accounting, and the various accounting conventions that apply these concepts
  • The uses to which accounting information may be put
  • Different types of accounting entity
  • The generation of the data recorded in accounting systems
  • The recording of basic transactions within the double-entry system
  • The periodic measurement of profit by businesses
  • The preparation of annual financial statements (statement of financial position, income statement, statement of cash flows) for simple businesses
  • The various elements of financial statements: assets, liabilities and capital
  • The regulation of financial statements
  • Measures of profitability and liquidity, including cash flow statements
  • The analysis and interpretation of financial accounting information
  • Basic issues relating to the accounting statements of groups of companies.

 

FOR WHOM

Teachers, Lecturers, HOD, HOS, Educational planners, policy analysts, education statisticians and other professionals involved in educational planning at central or decentralized level.

 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

DATE:

1ST BATCH: 21st – 23rd Feb, 2022             

2ND BATCH: 20th – 22nd June, 2022                     

3RD BATCH: 4th – 6th Oct, 2022   

Other Dates

Start Date End Date
20 Jun, 2022 22 Jun, 2022
Start Date End Date
04 Oct, 2022 06 Oct, 2022
Start Date End Date
21 Feb, 2022 23 Feb, 2022

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