Accounting and 1C

The topics covered in Practical Accounting and 1C training are as follows:

Brief titles of topics to be covered in the "Practical Accounting" program

Introduction

• Types of accounting - Accounting and content Elements of financial statements

The structure of the balance sheet

• Dual entry method (transactions), Chart of Accounts Capital accounting (Formation of authorized capital)

Accounting for long-term assets

• Intangible Assets
• Earth Construction Equipment Depreciation Calculations
• Investment Property, Biological Assets, Equity-Accounted Investments, Deferred Tax Assets
• Other Long-term financial assets and other assets

Accounting for short-term assets

• Inventory accounting
• Method of disposal of reserves
• Manufacturing Costs
• Cash accounting
• Accounting of settlements with debtors

Capital accounting

• Issue Proceeds, 
• Redeemed Capital 
• Capital Reserves
• Retained Earnings (Loss)

Accounting for long-term liabilities

• Accounting for Interest-Earning Liabilities 
• Accounting for Accounts Payable
• Long-Term Financings and Receipts

Accounting for short-term liabilities

• Accounting of obligations that generate interest expenses. 
• Obligations for tax and other mandatory payments.
•  Accounting of settlements with wages

Preparation of financial statements

• Statement of Profit and Loss and Other Comprehensive Income (P&L)
• Statement of Financial Position (Balance Sheet) Statement of Changes in Equity 
• Statement of Cash Flows

Declaration of simplified tax

• Declaration of Value Added Tax
• Quarterly report on compulsory state social insurance Quarterly report on unemployment insurance
• Income Tax return
• Tax return withheld at the source of payment related to salaried employment

Excel

• Visual representation of all transactions important in the business process for financiers and accountants

Topics that will be practiced in part 1C 8.3:

1. Adding an entity

2. Counterparty

3. Nomenclature 4. Warehouse

5. Primary balances

6. Purchase (Goods, services, currency purchase, property purchase)

7. YGB on import

8. Inclusion of additional costs

9. Sale

10. Home registration

11. Home Deletion

12. Purchase of QMA

13. QMA accounting

14. Removal of QMA

15. Deletion of goods based on invoice

16. Cashier Entry (for all types)

17. Cash Expenditure (by whole type)

18. Advance report

19. Creating a bank name

20. Opening a bank account

21. Incoming payment (whole type)

22. Outgoing payment order (for all types)

23. Adv deposit receipt

24. VAT deposit charges

25. Conversion

26. Loading of Rate

27. VAT deposit charges

28. Conversion

29. Loading of Rate

30. Closing months

What are the benefits we offer to Performance Finance Academy students?

- Full practical teaching from 0;

- To study accounting in 3 fields Production, service and construction;

- We present you the video materials of the lessons at the end of each lesson;

- Official certificate

- You will get a direct recommendation letter from the person who was chosen as the accountant of the year by the state in his field;

- Free mentoring support on your own work if you are working or will be working in the future;

- Students who have successfully completed the training are directed to the internship program and support is provided for employment.

Training period: 3 months

Instructors:

Elshan Salmanov

Our trainer Elshan Salmanov, who has more than 10 years of work experience, has successfully obtained results in the National Accounting, International Accounting ACCA and DipIFR certification exams. Currently, he works as a financier and chief consultant in one of the leading companies.

Nijat Taghizadeh

Nijat Taghizadeh, our trainer with more than 10 years of professional work experience in the field of accounting, worked as a chief accountant in various fields at "Jahan Holding" Union of Commercial Companies. He is a professional accountant according to IFRS. Specialized in various accounting programs such as Logo, Mikro, Accounting 1C, Pegasoft.

Instructor:

Training Duration: 3 months