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General Accounting

American Bankers Association
Training overview
16 weeks
725 USD + tax
Next start date: Available On-Demand - Online

Course description

General Accounting

General Accounting walks you through the accounting cycle and its' basic elements such as assets, liabilities, equity, revenue, and expenses. Learn how to post debits and credits to the general journal and general ledger, as well as prepare adjusting entries.

Who should attend?

For bank personnel at any level with little or no accounting background who find they need to develop accounting skills.

Training Content

Learn how to prepare classified income statements, balance sheeta, post-closing trial balancea, interim statements, and statements of owner’s equity. Perform functions relative to bank accounts and cash funds, such as computing working capital and journalizing closing entries.

Certification / Credits

Learning Objectives

  • Describe the basic accounting cycle and define the basic elements used such as asset, liability, owner's equity, revenue, and expense accounts and posting debits and credits
  • Post to the general journal and general ledger, and prepare adjusting entries
  • List the steps in the accounting cycle; prepare a post-closing trial balance and interim statements and the statement of owner’s equity
  • Prepare a classified income statement and balance sheet, compute working capital and current ratio and journalize closing entries for a business
  • Identify and perform functions relative to bank accounts and cash funds
  • About supplier

    American Bankers Association

    The American Bankers Association is the united voice of America's banks—small, regional and large—that together employ more than 2 million women and men, hold nearly $17 trillion in assets, safeguard $13 trillion in deposits and extend more than $10 trillion...

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