Given the importance of moving from the cash basis to the accrual system in a smooth and simple manner, this training course shows the foundations of the transition from the cash system to the accrual system using the computer.
The cash basis accounting is based on the movement of cash only, but accrual accounting records revenues when they are achieved and expenses when they occur instead of recording them when the relevant cash amounts are received or paid, adding accrual accounting recording for assets, liabilities, and equity {net assets}.
At the end of this conference the participants will be able to: