This 5 days training program is suitable for trainees or bank officers who need a refresher on their accounting knowledge. It covers the key concepts of financial accounting and its application in the banking industry. Listed below are major topics that will be covered throughout the five days program:

• Definition of accounting, the end products of an accounting process, the underlying principles of accounting and the various uses of accounting information.

• Balance sheet, the uses of its various accounts and the underlying accounting concepts that are used in preparing a balance sheet.

• Income statement, the uses of its various accounts and the underlying accounting concepts that are used in preparing an income statement.

• Detailed discussions on accounting rules and concepts relating to revenue, cost of goods sold and inventory,  long-lived assets, other expenses, liabilities and owner’s equity as well as acquisition and consolidated financial statement.

• An introduction to general accounting records and system.

• Accounting for bank transactions covering foreign exchange, trade finance, current account, savings account, time deposit and loan transactions.