Level 1 – Module 4

Name of Module: Basic Accounting 2

Duration: 30 hours

 

This module is a continuation of Basic Accounting 1. The module further develops participants’ technical and problem-solving ability which are required in the accounting process and the preparation and analysis of financial statements. Additionally, participants will develop an understanding of a range of theoretical and practical techniques used in accounting. They will develop skills for more effective and responsible participation in today’s business environment.

 

General Objectives

This module will help participants to:

 

·         Evaluate the conceptual framework which underlies accounting methods and reports

·         Reconcile asset accounts

·         Manage a petty cash system including maintaining all the controls of custody, receiving and disbursing cash

·         Correct accounting errors

·         Compute salary adhering to the regulations governing payment