Officers who perform basic accounting functions at the level of Clerical Officer, Assistant Accountant or related grade.

To provide participants with a knowledge of accounting fundamentals and practices of Accounts with a view to increasing efficiency and effectiveness.

At the end of the course, participants will be able to:

• Perform basic government and some commercial accounting procedures

Overview of Accounting System

• Purpose of accounting to make business decisions
• Guidelines for recording and reporting (GAAP)
• What is?
  • Accounting System
  • Double entry system
  • Nature of a transaction
  • Accounting process
  • The different types of accounts
  • Financial statements

Balance Sheet

• Accounting Equation
• Definition of Assets, Liability and Owners Equity
• Chart of Accounts

Concept of Debit and Credit

• When to use Debit or Credit
• Double entry system
• Using T – Accounts

Journal Entries

• Easy method to journal entries

Accruals and Prepayments

• Recording accruals
• Recording accounts payable
• Recording accounts receivables (as it relates to revenue and expenditure)

Trial Balance

• Preparing a simple trial balance

Internal Controls

• Principles of Internal control
• Segregation of duties
• Physical, mechanical and electronic controls
• Internal control for cash receipts and cash disbursement
• Computer controls vs. manual controls
• Introduction to Accounting Ethics
• Introduction to the legal framework

Standards

· In accordance with the Statements of Accounting Practice (SSAP)

• In accordance with the Financial Administration and Audit Act Cap.5 and the (Financial Rules) 1971

Lectures, exercises, case studies, demonstration, practical exercises

Course Participation, Course Work, Written Examination

Certificate of successful completion