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X-WR-CALNAME:Denis & Lenora Foretia Foundation | Catalyzing Africa's Economic Transformation
X-ORIGINAL-URL:https://www.foretiafoundation.org
X-WR-CALDESC:Events for Denis & Lenora Foretia Foundation | Catalyzing Africa's Economic Transformation
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DTSTART:20200101T000000
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DTSTART;TZID=UTC:20200729T110000
DTEND;TZID=UTC:20200729T120000
DTSTAMP:20260604T010247
CREATED:20230824T084533Z
LAST-MODIFIED:20250127T124529Z
UID:10000265-1596020400-1596024000@www.foretiafoundation.org
SUMMARY:Practical Guide To Bookkeeping
DESCRIPTION:Date; 29th July 2020Venue: Online\n \nBackground:\nSmall businesses dominate most economies in the world. According to the report published by the Nkafu Policy Institute on the State of Small Businesses in Cameroon (June 2019)\, Small and Medium Size Enterprises (SMEs) contribute around 36% of Cameroon’s GDP\, make-up over 90% of businesses in Cameroon\, and employ above 60% of the population.\nUnfortunately\, most of these firms do not always make appropriate use of bookkeeping which is often described as “the language of business” and this results to inventory shortages\, unreported or under reported expenses such as rental income\, difficulties to maintain banking records\, shortage of stock\, loss of valuable tax deductions\, poor filling system and poor business decisions thus have a negative impact on the development and sustainability of SMEs.\nBook keeping involves analyzing and using financial information in a systematic manner to understand and evaluate the financial position of an organization\, or a business. The availability of accurate accounting information benefits businesses by easing their activities in terms of planning\, organizing\, leading and controlling. Hence\, it is recognized that\, appropriate bookkeeping and financial statements are important for a successful management of a business be it large or small without which it may lead to failure.\nIt is against this backdrop that the Small Business and Entrepreneurship Center (SBEC) of the Denis & Lenora Foretia Foundation is organizing a workshop on the theme “A Practical Guide for Bookkeeping” so as to enable members of the SBEC network to keep complete and accurate business records\, which are essential for decision making and growth.\nGeneral objectives\nThe main objective of this training is to provide members of the SBEC network with the skills and knowledge necessary   to carry out effective bookkeeping in their businesses.\nSpecific objectives\nThe specific objectives are to train entrepreneurs on how to record business transactions on \nSales book\nCash book\nPurchase book\nDebtors book\nSuppliers book\nInventory book\nExpense book\nDifferent filling systems \nTarget audience:\nThis event is opened to SBEC Network members only\nClick here to join the SBEC Network
URL:https://www.foretiafoundation.org/events/practical-guide-to-bookkeeping/
LOCATION:Zoom Online\, Zoom Online
CATEGORIES:Events,Small Business & Entrepreneurship Center,webinar
ATTACH;FMTTYPE=image/png:https://www.foretiafoundation.org/wp-content/uploads/2020/07/SBEC-Bookkeeping-Manual-Web-Eng.png
ORGANIZER;CN="Foretia Team":MAILTO:info@foretiafoundation.org
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