The following skills will be acquired in this program:
• Defining accounting & understanding the concept of accounting
• Discuss on how accounting is an appropriate tool to run a day-to-day business.
• Defining & recognizing the 5 elements of accounting (Asset, Liability, Revenue, Expenses, Equity)
• Understanding the accounting equation
• Recognizing and classifying documents and transactions into an appropriate accounting element
• Identifying & understanding financial statement
• Demonstrate practical skills using a cloud accounting system