Basic Accounting Training

Accounting is the art of systematic and comprehensive recording, summarizing, reporting, and analyzing financial transactions of a business.
Accounting provides the base upon which daily and long-term decisions could be made as it helps to know where the company stands in terms of wealth, profitability and liquidity.
The financial statements summarize a company’s operations, financial position and cash flows over a particular period and generate reports that help the company’s management take informed decisions to keep the business financially healthy.