Accounting Specialist Foundations — Brazil — 24-module course

Author

What accounting is and how it supports work

Accounts: assets, liabilities, equity, income and expenses

The accounting equation

Debits, credits and normal balances

Source documents and audit trail

Chart of accounts

Journals, ledgers and posting

Trial balance and error investigation

Cash and accrual accounting

Sales and accounts receivable

Purchases and accounts payable

Cash handling and bank reconciliation

Inventory and cost of sales

Fixed assets and depreciation

Payroll accounting and liabilities

Tax accounts versus tax preparation

Accruals, prepayments and adjustments

Loans and interest

Equity and owner transactions

Month-end close and controls

Financial statements and their connections

Budgets, cash flow and analysis

Software, spreadsheet controls and confidentiality

Integrated business-month capstone