Preparing a set of accounts for Accountants
Presenters : Monja van Zyl CA(SA)
Overview
"Garbage in, garbage out" is a term that is commonly used in the field of computer science but it equally applies in bookkeeping and accounting.
Meaningful financial statements are dependent on the accuracy and correctness of the data that was captured. The aim of this webinar is to show you how to accurately prepare a set of accounts and produce final accounts that serve their purpose for the different users while saving time and increasing profitability.
Join Monja can Zyl CA(SA), for a complete discussion on the most cost effective ways to prepare accounts that ultimately produce meaningful financial statements.
Learning objectives
By attending this webinar you will gain the following competencies:
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Be able to identify supportive evidence required for transactions.
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Be able to correctly identify which transactions relate to the income statement and which to the balance sheet.
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Collect and accurately capture all the information regarding terms with customers and suppliers.
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Clearly communicate business objectives and strategies using up to date information.
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Understand the use of accounting packages for real time reporting.
Content
The webinar will cover the following topics:
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What is a full set of accounts?
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Understanding financial periods.
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Using the correct terminology.
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Collecting supportive evidence.
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Setup of control accounts and what it entails.
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Balancing the books.
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Specific verifications that must be done.
