Accounting for non-accountants
- Is your business directly or indirectly impacted by accounting?
- Do you consider accounting as an important source of information impacting your decisions?
If so, it is essential for stakeholders and yourself to understand the main concepts of accounting in order to wisely use this data and understand its impact on your operations.
Duration: 4h
Language: Available in English and French. The supporting material is only available in English.
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Course content can be customised on demand under specific conditions.
Objectives
By the end of this training, participants will be able to:
- describe the basic principles of accounting;
- identify the main valuation principles of various balance sheet items and their impacts on the annual accounts;
- understand the accounting rules and methods for financing and investment instruments;
- understand the annual accounts of a company.
Content
- The objective of accounting
- Balance sheet, profit and loss accounts: their meaning
- The major accounting policies/conventions
- Some essential accounting classifications like:
- debt versus equity
- fixed versus current asset
- balance sheet versus off-balance sheet items
- Approval process and electronic filing procedure
Target audience
- Jurists and their employees
- Tax specialists and their employees
- Lawyers and their employees
- Notaries and their employees
- Internal auditors
- Finance controllers
- Beginners in accounting, accounting assistants and fiduciary staff willing to expand their knowledge of some specific accounting points
Our lead experts
This training is coordinated by Damien Brunet, Director at PwC Luxembourg.
The training will be presented by experts in the accounting field.
Damien Brunet is a director and certified chartered accountant in Luxembourg and France with over 16 years of experience in accounting and tax. He specialises in alternative investment accounting and tax compliance, focusing on private equity, international structures, and operational companies across various industries. Damien’s key responsibilities include preparing and reviewing accounting and financial reporting, such as annual accounts, GAAP conversion, monthly reports, and tax reporting including tax returns and withholding tax filings. He works within PwC Luxembourg’s Global Compliance Services and Lux GAAP Technical teams, coordinating the Lux GAAP technical team and leading Lux GAAP training courses at PwC Academy.
