Accounting For Small Businesses
Course Overview:
This course will help you understand why maintaining accounting records is important for small businesses. Gain knowledge about basics and main reports which will provide crucial information for your own business which ultimately help taking informed decisions. Some processes defined to learn their need in businesses. Tax implications for better understanding of benefits of being tax compliant in Pakistan.
Course Description:
You will get basic knowledge of accounting terms, principles, accounting equation, debit credit rules, various formats of reports like financial statements, other necessary processes, breakeven point and tax implications for small businesses.
Course Objective:
After completing this course, you will learn about:
- Accounting Basics
- Importance of Maintaining Accounting Records
- Identify and Improve Weaknesses in Various Processes
- How to Better Control Your Funds Invested
- Knowing Your Return on Investment (ROI)
Once you understand the basics:
- You can maintain records either by yourself (with the help of an excel format provided as a gift with this course) or through an accountant using the same format.
- You will wish to be tax compliant in Pakistan to get maximum benefits out of it.
- You will also get value addition in the form of a feasibility study necessary to prepare before starting new business or any joint venture.
- You will be able to apply these learnings in your business whether its manufacturing, trading goods or providing services.
Course Duration – (Approx 45 Minutes) – Online Recorded Course
About the Instructor:
Mehboob Siddiqui
Professional Accountant, Data Analyst and Registered Income Tax Practitioner.
Mehboob Siddiqui is a seasoned Professional Accountant, Data Analyst, and Registered Income Tax Practitioner with over 35 years of experience in Pakistan and the Middle East. As the founder of Prime Consultancy, Mehboob Siddiqui has built a strong presence both on social media and through his website, reaching and impacting countless individuals across borders. With a commerce background and having successfully passed the Institute of Chartered Accountants of Pakistan’s Intermediate examination in 1994, Mehboob Siddiqui is not just an expert in his field – he is a dedicated lifelong learner. His passion for providing exceptional professional services is evident in every aspect of his work. With a strong commerce background and a commitment to continuous learning, Mehboob Siddiqui brings a wealth of expertise and a visionary perspective to the field. After a successful 21-year corporate career in the Middle East, he dedicated himself to making a difference in Pakistan and beyond.
Learn from Mehboob Siddiqui and gain more than just knowledge – gain the insights and guidance of a trusted instructor who believes in your potential. Join him on this transformative journey and unlock the keys to success in the world of finance and beyond.
This course is a humble contribution towards Rozi Roti Project to help people gain some knowledge base about the subject and better control their businesses.