Training on Fundamentals of Accounting
Understand business finances. This course equips you with the fundamental accounting knowledge to make informed decisions and drive business growth.
Next intake
20 Jul 2026 · Nakuru
Duration
5 days
Live instruction
Delivery
Physical + Virtual
Cohort based
Level
Foundation
Working professionals
Certification
NITA reimbursable
For Kenyan cohorts
Language
English
All materials
About this programme
Accounting is the language of business, providing the tools to record, analyze, and communicate financial information. This five-day training simplifies core accounting principles, from recording transactions and preparing ledgers to interpreting financial statements and managing budgets.
Through practical exercises and case studies, participants will gain the confidence to understand financial data, support decision-making, and apply accounting knowledge in real workplace scenarios. The course is ideal for beginners or professionals seeking to strengthen their financial literacy.
Duration
5 Days
Who Should Attend
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Administrative and support staff who handle financial records
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Non-finance managers and supervisors who need basic accounting knowledge
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Entrepreneurs and small business owners
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Junior accountants and bookkeepers
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Any professional seeking to improve financial literacy
What you'll walk away with
By the end of this training, participants will be able to:
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Understand and apply basic accounting principles and concepts.
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Record financial transactions using double-entry bookkeeping.
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Prepare and interpret basic financial statements.
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Differentiate between cash and accrual accounting.
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Understand budgeting, financial controls, and the role of accounting in decision-making.
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Apply accounting fundamentals to workplace and business scenarios.
What we cover, module by module
Module 1: Introduction to Accounting Principles
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Importance and role of accounting in business
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Users of accounting information
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Key accounting concepts (assets, liabilities, equity, revenue, expenses)
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Case Study: How poor record-keeping led to a business failure
Module 2: Recording Financial Transactions
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The double-entry system explained
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Debits and credits simplified
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Journals, ledgers, and trial balances
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Practical Exercise: Recording daily transactions in a ledger
Module 3: Preparing Financial Statements
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The Income Statement (Profit & Loss Account)
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The Balance Sheet (Statement of Financial Position)
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The Cash Flow Statement basics
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Case Study: Analyzing the financial statements of a small company
Module 4: Budgeting and Internal Controls
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Basics of preparing and managing budgets
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Importance of internal controls in safeguarding assets
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Preventing fraud and financial mismanagement
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Exercise: Drafting a simple departmental budget
Module 5: Applying Accounting in Decision-Making
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Cash vs accrual accounting and their implications
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Break-even analysis and cost control basics
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Using financial data for business and management decisions
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Case Study: Using financial data to decide whether to expand a business
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Activity: Create a mini financial plan for a sample project
Where the change lands
Organizational Impact
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Improved accuracy in recording and reporting financial transactions
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Better decision-making through understanding of financial data
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Stronger compliance with financial regulations and internal controls
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Reduced errors and mismanagement in financial processes
Individual Impact
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Increased confidence in handling basic accounting tasks
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Stronger financial literacy for both workplace and personal finance
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Ability to prepare, read, and interpret financial statements
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Improved readiness for career advancement in finance and administration
Dates and locations
Upcoming intakes
Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.
| City | Starts | Ends | Delivery | Book |
|---|---|---|---|---|
NakuruNext | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kigali | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Accra | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kisumu | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Johannesburg | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Dakar | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
- NakuruNext
20 Jul → 24 Jul·In-Person
Book this intake - Kigali
20 Jul → 24 Jul·In-Person
Book this intake - Accra
20 Jul → 24 Jul·In-Person
Book this intake - Kisumu
27 Jul → 31 Jul·In-Person
Book this intake - Johannesburg
27 Jul → 31 Jul·In-Person
Book this intake - Dakar
27 Jul → 31 Jul·In-Person
Book this intake
Common questions.
Still not sure? Send us a note and a facilitator will get back to you within a business day.
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Course finder
Find the right course for you
Prefer to talk it through? Send us an enquiry and a facilitator will scope a fit within a business day.
For corporate teams
Training 10+ professionals?
We deliver Training on Fundamentals of Accounting in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.