Introduction to Accounting: A Guide for Modern Accountants

Introduction to Accounting: A Guide for Modern Accountants

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Comprehensive guide on accounting purpose, double-entry bookkeeping, accounting principles and accounting standards.

Updated on Sep, 2026

Finance and Accounting, Accounting and Bookkeeping, Accounting

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Welcome to our training on “Introduction to Accounting”. Strap in and take an engaging walk with us through the fundamentals of the accounting field, prepared and delivered by real-life professional accountants.

Together, we will explore the basics of the accounting practice and use examples to deep dive into real-life applications of various aspects of the accounting profession that will be presented during the course.

This course covers the definition and uses of accounting, types of accounting, the double-entry principle under the accrual accounting basis, accounting principles and the presentation of financial statements under International Financial Reporting Standards (IFRS).

Detailed Course Outline:

Cash vs Accrual Accounting

Accounting Principles

Presentation of Financial Statements

Final tips & Takeaways

At the end of the course, you will gain insights into the meaning and purpose of accounting, gain an understanding of the accrual accounting method, have an appreciation of what accounting principles are and how they are used, and gain insights into global accounting regulations and standards - the International Financial Reporting Standards (IFRS).

This course is applicable to all accountants / accounting teams and students ; topics discussed are global in nature and application.

With detailed instruction and practical case studies, this course is of relevance to beginner and intermediate level students and professionals interested in the accounting process or engaged in business, finance or accounting roles.

Gain insights into the meaning and purpose of accounting.

Gain an understanding of the accrual accounting method.

Gain an appreciation of what accounting principles are and how they are used.

Gain insights into accounting regulations and standards.

No prior finance or accounting experience required.

Mild curiosity or deep interest in the accounting process and how it works in real life.

Check out the detailed breakdown of what’s inside the course

Ugo Chikelu has over 16 years’ experience in providing risk advisory and financial management support in diverse industries within and outside Nigeria.

Over her career, she has worked with public and private sector clients, including NGOs with international and local donors.

She is a Certified Internal Auditor (CIA) and member of the Institute of Internal Auditors (IIA), a Fellow of the Institute of Chartered accountants of Nigeria (ICAN) and an Associate of the Institute of Chartered Accountants of England and Wales (ICAEW), with an MSc in Finance from EDHEC Business School, France.

Passionate about quality service delivery and sustainable operation of clients, Ugo brings a professional approach in designing and delivering training and facilitation sessions to clients. Over the course of her career, she has trained a number of team members, client staff and participants in the KPMG Academy programs in both Nigeria and Cote d’Ivoire; in both soft and technical skills.

Ugo’s mission is to influence and inspire growing enterprises to deliver sustainable, quality services to their customers and investors.

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