Accounting for Non-Accountants
This short course explains the difference between bookkeeping and accounting within a business context, different concepts and definitions in accounting, the duality concept, and the basic accounting equation. It further addresses Value-Added Tax (VAT) based transactions, different source documents relevant to accounting transactions, processing cash transactions using relevant subsidiary journals, processing credit and sundry transactions using applicable journals, and transferring accounting information from journals to related general ledger accounts. Participant will understand how to distinguish between perpetual and periodic inventory systems, identify and process debtor and creditor accounts using relevant ledgers, and explain and perform bank reconciliations for business entities. From day 3 to 5 the focus will be on cost and management accounting and the terms and concepts applicable to cost and management accounting. It teaches participants how to deal with materials, labour, and overhead costs and to prepare cost and income statements. The short course also includes designing a job-costing system, restructuring a general ledger, and process costing as a cost system. It teaches students how to record applicable transactions in an integrated accounting system, a cost ledger system, and to reconcile the differences between the profits. Participants will understand the decision-making relationship between cost, volume, and profit
COURSE OUTLINE
- Background to Business, Bookkeeping and Accounting
- The Accounting Equation And The Double Entry System
- The Control Accounts – Trade Receivables And Trade Payables
- Recording Credit And Sundry Transactions
- Elements Of Costing
- Inventory Systems
- Cost-Volume-Profit (CVP) Analysis
- Manufacturing Overhead Calculation and Allocation
- Job Costing Systems
CERTIFICATION
Upon successful completion of the 4-day study programme and assessments, candidates will be awarded the Short Course Certificate in Accounting for Non-Accountants ACC101
TO REGISTER ONLINE
Date
Time
Local Time
- Timezone: America/New_York
- Date: Mar 24 - 27 2025
- Time: All Day
Cost
Speaker
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Johan Christian BenadeBA, BA Hons, Masters in Administration, Diploma in Financial PlanningJohan was with Spoornet for over 17 years, where he occupied various management positions up to the level of Executive Management. He built on his experience at Spoornet and is currently in the skills development area, where he lecturers at several educational and training institutions. His focus areas are: Transport and Fleet, Taxation, Financial Planning, Economics, Financial Management, Accounting (Both in the Public Service and
Private Sector), Cost Management, Business Ethics, Corporate Strategy and Strategic Management. As a Lecturer, he has presented a number of training programs at Regional and Local Government. Which include Public Financial Management and Budgeting, Finance and Reporting, Asset Management, Policy Development and Analysis, Advanced SCM and Procurement in the Public Sector, Performance and Risk based Auditing amongst
others