Understanding accounting

This is not a course in accounting, since it's impossible to learn everything about accounting in a day or two. Rather, it's a course in understanding accounting, where you learn a lot about accounting, and its inner life. We look at the practical sides of the accounting, and the daily tasks of an accountant.  The goal is that you can use the knowlegde you learned in this course, as a steering tool in your business.


Part 1: The basics
In this part you will learn the baics of accounting, which are;

  • Being able to read and understand your own accounting.

  • Being able to use your own accounting as a tool.

  • Being able to see the difference between results and balance.

  • Understanding what "surplus" is, what it should cover, and what's an acceptable surplus for your company

  • Being able to keep the accounting in order, and having a good overview of it, which includes controlling daily accounting tasks.

  • Learning good work rutines.

  • Learning to see the context in the accounting

  • Different practial tasks.


Other things we will look at:

-When is it business, and when is it  an hobby?
-Criteria for having a business.
-The goal of keeping accounts.
-Debit and credit.
-Posting to the rights accounts.
-What a "bilag" is.
-The different accounting classes.
-What a "restkonto" is.
-Sheet of accounts.
-When you're entitled to deductions.
-The difference between deductions regarding accounting and tax.
-The relation between the operation accounting, and the balance.
-What affects the equity, and why it's important to keep it in mind.
-The effect your private withdrawals has on the equity.

Part 2: Corporate forms

We will look at the different corporate forms, and the consequences of choosing each of the forms, regarding taxtation and economical responisilities.

You will learn:

-The main features of the different corporate forms.
-Taxtation changes.
-How to keep the most of the surplus for your self.

We will also look at:

-How to facilitate the operations, so you can get the most out of the deductions of your expences. 
-Deductions you're entitled to, why and how.
-Working with a standard sheet of accounts. (keeping your company in mind)
-Expence classes.
-Expence sources, and how these "behave" in the different corporate forms.
-Different consequences.
-Opening balance, what is it, and how does if affect you?
-The most common "benefits"
-The balance, and what you can read from it.

The course is spilt up into two parts, which takes 1 day each.

Course documentation and simple food and refreshments are included.