Courses

Financial Literacy – Basic Accounting

0 out of 5

UShs 700,000

Category: Others

Description

Financial Literacy: Basic Accounting

Master the Fundamentals of Accounting and Take Control of Your Financial Future!

Course Overview

This 5-day course is designed to give you a strong foundation in basic accounting principles, enabling you to manage and understand financial statements, bookkeeping, budgeting, and financial planning. Whether you’re a small business owner, an aspiring entrepreneur, or someone looking to improve personal finance skills, this course will help you build financial literacy for better decision-making and financial success.

💰 Price: 700,000
Duration: 5 Days

Who Is This Course For?

✅ Small business owners or aspiring entrepreneurs looking to manage finances effectively
✅ Individuals seeking to understand accounting fundamentals for personal finance
✅ Employees or freelancers who want to build their accounting and financial management skills
✅ Anyone interested in improving their financial literacy and budgeting capabilities

What You Will Learn:

📌 Day 1: Introduction to Basic Accounting

  • Understanding the role of accounting in business and personal finance
  • Overview of financial statements: balance sheets, income statements, and cash flow statements
  • Key accounting terms and concepts (assets, liabilities, equity, revenue, expenses)
  • How to keep track of financial transactions and record them accurately

📌 Day 2: Bookkeeping Basics & Double-Entry System

  • Introduction to bookkeeping and its importance in financial management
  • Understanding the double-entry system of accounting (debits and credits)
  • How to maintain general ledgers and journals
  • Practical exercises on recording transactions using the double-entry method

📌 Day 3: Managing Income and Expenses

  • How to categorize income and expenses
  • Preparing profit and loss statements (P&L) to track business performance
  • Methods for keeping track of accounts payable and receivable
  • Understanding cash flow and how to manage it effectively

📌 Day 4: Financial Reporting & Budgeting

  • How to create and analyze financial reports for decision-making
  • Developing a simple budget for your business or personal finance
  • How to track and adjust budgets based on financial performance
  • Identifying areas for cost reduction and profitability improvement

📌 Day 5: Financial Planning & Tax Basics

  • Introduction to financial planning and forecasting for short- and long-term goals
  • Understanding basic tax principles and how they impact personal or business finances
  • Filing taxes as an individual or business owner: Key considerations and best practices
  • Using accounting tools and software for efficient financial management (Excel, QuickBooks, etc.)

Key Features:

✅ Practical exercises in bookkeeping, accounting, and budgeting
✅ Easy-to-understand lessons on accounting principles and financial management
✅ Tools and resources for managing finances effectively
✅ Certification upon completion

🚀 Enroll Now & Build a Strong Foundation for Your Financial Success! 🚀

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