Course information

Accounting Masterclass​ Outline

Module 1: Introduction to Financial Reporting

  • Purpose of Financial Statements
  • Assets and Liabilities
  • Accounting Concepts
  • Impact of Globalisation
  • Objective of General-Purpose Financial Reporting
  • Elements of Financial Statements
  • Qualitative Characteristics of Useful Financial Information

Module 2: Inventory

  • End-of-Year Adjustments for Inventory
  • Valuation of Inventory
  • FIFO and Weighted Average Cost Methods

Module 3: Non-Current Assets

  • Depreciation
  • Non-Current Asset Disposals
  • Property, Plant and Equipment
  • Investment Property
  • Intangible Assets
  • Impairment of Assets
  • Investments

Module 4: Receivables and Allowance

  • Irrecoverable Debts
  • Allowances for Receivables
  • Accounting for Irrecoverable Debts and Receivables Allowances

Module 5: Capital Structure and Finance Cost

  • Limited Liability Companies and Sole Traders Compared
  • Share Capital and Reserves
  • Rights Issues and Bonus Issues
  • Preference Shares
  • Dividends
  • Loan Capital
  • Statement of Changes in Equity

Module 6: Preparing Basic Financial Statements

  • Preparing a Sole Trader’s Financial Statements
  • Preparing a Company’s Financial Statements
  • Taxation and Dividends
  • Events After Reporting Period

Module 7: Preparing Trial Balance

  • Trial Balance
  • Correcting Errors
  • Suspense Accounts

 

 

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Who should attend this Accounting Course?

The Accounting Course is designed for individuals who want to deepen their knowledge and skills in accounting, financial management, and related topics. This course will benefit the following professionals:

  • Accountants
  • Finance Managers
  • Financial Analysts
  • Auditors
  • Consultants
  • Advisors
  • Financial Services Professionals

Prerequisites of the Accounting Course

There are no formal prerequisites for this Accounting Course.

Accounting Course Overview

Accounting is the systematic process of recording, analysing, and interpreting financial information of businesses and organisations. It plays a pivotal role in tracking financial transactions, managing budgets, and ensuring compliance with financial regulations. Accounting provides stakeholders, including management, investors, and government authorities, with essential insights into the financial health of an entity.

Accounting offers several key benefits. Firstly, it provides transparency and accountability by keeping a comprehensive record of financial transactions, which helps prevent fraud and mismanagement. Secondly, it aids in assessing the profitability and financial stability of a business, enabling informed strategic decisions.

The Knowledge Academy's 1-day Accounting Course is designed to equip individuals with advanced accounting skills and knowledge. Participants gain a deep understanding of financial analysis, financial statement preparation, and auditing techniques. This course offers numerous advantages, including enhanced career prospects, as graduates are highly sought after by businesses and financial institutions.

Course Objectives

  • To master financial statement analysis
  • To develop advanced auditing skills
  • To gain proficiency in accounting software
  • To enhance decision-making through data-driven insights
  • To ensure compliance with financial regulations

By achieving these objectives, participants will be well-equipped to excel in the field of accounting, with in-depth knowledge and practical skills that are highly valued by employers in today's competitive business environment.

 

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What’s included in this Accounting Course?

  • World-Class Training Sessions from Experienced Instructors
  • Accounting Certificate     
  • Digital Delegate Pack

Why choose us

Our Ottawa venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Ottawa is the capital city of Canada. It is located on the bank of the Ottawa River in the east of Southern Ontario province. It has an estimated population of 885,000 people. Ottawa is the fourth largest city in the world. The name of this city comes from the Algonquin word Odawa which means “to trade”. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Parents can choose between sending their children to one of the public schools or they can sent them to a fee paying private school. Those who live in Ottawa and find that picking a secondary school is a fraught decision involving school zones and ratings. There are four main public school boards in Ottawa. One is English, one is English-Catholic, and one is French and another is French-Catholic. The Ottawa-Carleton District School Board which is the largest with 147 schools to oversee. The catholic school board has 85 schools, the Conseil des écoles catholiques du Centre-Est has 49 schools and the Conseil des écoles publiques de l'Est de l'Ontario has 37 schools. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Ottawa is one of the best educates cities in Canada as it is believed that over half of the population have graduated from college or university. Ottawa has the highest per capita concentration of engineers, scientists, and residents with PhDs in Canada. The University of Ottawa was founded in 1848 and was the first higher education institute to be established in the city.  The university is a bilingual public university. The University of Ottawa is ranked in the top 300 universities in the world, coming in at number 284 and is a top 15 university in Canada.  The university has faculties in the following areas: arts, civil law, common law, education, engineering, post graduate studies, health sciences, medicine, science, social sciences and the school of management. Ottawa also has two main public colleges Algonquin College and La Cité collégiale. There are also 2 catholic universities in the city; Dominican University College and Saint Paul University.

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Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounting Course in Ottawa. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Accounting Course in Ottawa, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Accounting Course in Ottawa FAQs

Accounting is the process of capturing and summarising commercial and financial transactions, as well as evaluating, confirming, and reporting the outcomes.
Accounting is vital for financial transparency, informed decision-making, regulatory compliance, performance evaluation, and fostering investor confidence in a business.
Taking this course offers professional skills development, diverse career opportunities, and a deeper understanding of financial analysis for informed decision-making.
There are no formal prerequisites to attend this course.
This Accounting Certification Course includes comprehensive modules covering financial management, budgeting, compliance, and practical skills for effective accounting practices.
The duration of this course spans across 1 day.
Upon successful completion, delegates will receive the Accounting certificate, validating their proficiency in financial management, compliance, and effective accounting practices.
Completing the Accounting Training Course opens doors to diverse career opportunities in finance, auditing, and business management, including roles such as Accountant, Financial Analyst, Auditor, or Finance Manager. This training equips individuals with the skills required for success in various financial and accounting positions.
The training fees for Accounting Course certification in Ottawa starts from CAD1695
The Knowledge Academy is the Leading global training provider for Accounting Course.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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