Advice 1: How to study accounting independently

Accounting is quite complex, but a convenient system for the collection and analysis of the information received. Every company that carries out economic activities on the territory of the Russian Federation shall maintain records of all transactions. That is why CEOs tend to learn the basics of accounting.
How to study accounting independently
You will need
  • - chart of accounts;
  • - codes of the Russian Federation;
  • - PBU;
  • - information-legal portal "Garant".
Instruction
1
All accounting is based on the Russian codes, the most important of which is tax. So start learning the system of legislative acts. Pay special attention to the VAT and income tax. Be sure to read the edition of "Regulations on accounting".
2
The registration is performed using the chart of accounts, which includes eight sections (production costs, calculations, etc.). To explore get an edition with the latest changes.
3
Learn how to make the correspondence of accounts, ie journal entries. Each of them has a debit and credit. To help you understand the essence of compiling transactions, refer to active, passive and actively-passive accounts.
4
While learning use the information-legal portal "Garant" and "Consultant". Even if you use the book, double check the information by using the above Internet systems. Remember, laws change regularly, and the book can be put in circulation a year ago, thus, all the information in it is outdated and unreliable.
5
Currently, the organisations records are maintained by automated software. So try to learn an accounting program called 1C. If you can't handle it yourself, walk on courses, which do not last more than two weeks.
6
Learn to prepare tax reports. This will help the Tax code, it is in this normative document you can obtain information about all the rates, due dates, reporting and payment of contributions to the budget.
7
Self-study accounting is quite difficult, so try to take courses or ask a friend an accountant to help in difficult situations and confusing moments.

Advice 2 : How to learn accounting

Accounting knowledge can come in handy a variety of specialists: economists, managers, leaders. The accountant simply must perfectly understand in this area, starting from the basics and ending with the subtleties encountered in this subject. He must not only be able to prepare reports, process documents, but also to know how to register a legal entity to accrue salary.
How to learn accounting
Instruction
1
Familiarize yourself with the basics of accounting. Examine the objectives, basic rules and concepts used in this field, objects of accounting and their classification. You must know what assets and liabilities which operations affect their size, what is the balance sheet, accounts and double entry system.
2
Learn "chart of accounts". You need to be guided well in the synthetic and analytical accounts and subaccounts in off balance sheet accounts. Learn how to make the accounting entries, because you will need it.
3
Accounting activities regulated by the state. Examine regulatory documents: the law on accounting and regulations on accounting and accounting reporting. The accountant must know the rights of legal entities on the organization of accounting and examine the accounting policies of the company.
4
Learn how to make primary documents. First, examine their types and requirements for their completion. You need to be able to create cash and Bank documents, adhering to the requirements of their preparation.
5
Examine the procedure of opening and maintenance of settlement accounts. The accountant should know how to make a payment, cash withdrawal and other transactions on your checking account, how to make a payment order and how to use the extract from the settlement account.
6
Lead cash accountant, so you have to study the regulations on the procedure of conducting cash operations with banknotes and coins of the Bank of Russia on the territory of the Russian Federation, the procedure of preparation of cash documents, such as receipts and expenditure cash orders, know about the permissible limit in cash and be able to maintain the cash book.
7
Examine the payment procedure and payroll, because the payments to employees engaged in accounting.
You should know how to earn various benefits, vacation pay, withhold income tax individuals and other withholding, to be able to determine the amount of social insurance contributions and to correctly calculate employee severance.
8
Learn how to draft financial statements such as balance sheet, statement of profit and loss account, to maintain accounting records using a regulatory framework. In addition, the accountant prepares financial performance of the company and shall calculate the taxes payable to the budget. The accountant has a responsibility to the company for timely filing of financial statements and tax returns.
9
Watch for changes in the regulatory framework. Provisions and laws regulating the financial activity of the enterprises may vary, so the accountant it is important to be aware of the latest changes. Conduct regular monitoring of changes to the records in your enterprise was carried out correctly.
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