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Introduction to Accounting ( Feb 12, 2024 )

9:00 AM - 3:00 PM AFOA Alberta Learning Center

Introduction to Accounting, AFOA AB Learning Center, Enoch, AB. This 4-day accounting course is designed  for those working in the accounting area who need a refresher or greater understanding of the overall accounting process and for managers and senior

Introduction to Accounting, AFOA AB Learning Center, Enoch, AB. This 4-day accounting course is designed  for those working in the accounting area who need a refresher or greater understanding of the overall accounting process and for managers and senior staff who work with finance or accounting staff. This course is ideal if you are planning to take an introductory accounting course. The course is based on material developed by a leading Canadian business school.  The material will cover an overview of basic financial accounting statements, the balance sheet, the income statement and the cash flow statement. In addition, the principles of GAAP (generally accepted accounting principles) will be introduced. The complete accounting cycle will be reviewed as well as more advanced topics such as depreciation, goodwill, leases and retained earnings. Basic finance concepts will be introduced, including basic cost, revenue and volume information for long-range planning. This course is an ideal introduction to accounting. Please note that this course is unsuitable if you have taken an introductory accounting level at the post-secondary level. The cost for this program is $125.00 for members and $385.00 for non-members (which includes membership to AFOA). A certificate of completion will be provided to those who attend and complete the program. Maximum number of participants is 25. Sessions start at 9:00 am. 

The following technical skills (competencies) will be developed (in whole or part) during this session:

Processes financial transactions in accordance with accepted accounting concepts, principles and standards (TF-CAFM-T1-1.1)

Documents, verifies and maintains supporting information for transactions and events (TF-CAFM-T1-1.6)

Plans for financial resource allocation. (GM-CAFM-G3-8.3)