Sunshine Sessions – Accounting Insights

The Sunshine Sessions: Accounting Insights Workshop for entrepreneurs & their staff are short courses covering the fundamentals of launching and running a business or start-up, navigating the process with less friction, and capably turning your ideas into a viable product.

This series starts July and runs until August 2024, and features 4 individual courses, instructed by experienced professionals in the industry.

All courses are offered individually or bundled. 
Sunshine Session Courses

Sunshine Session - Accounting Insights Workshop

Participants can sign up for individual courses or the entire bundle before or after the early bird period. Early bird ends July 21, 2024. See options below :
 
Before Early Bird
  • ONE COURSE COST: $4,500 JMD
  • THREE COURSES COST: $12,000 JMD
  • BUNDLE COST: $18,000 JMD

After Early Bird

  • ONE COURSE COST: $6,000 JMD
  • THREE COURSES COST: $18,000 JMD
  • BUNDLE COST: $20,000 JMD
 
Click + to learn more about each session.

Understanding Financial Statements

Date : July 31 & August 5 2024
Time : 6:00 p.m. – 8:00 p.m.
Instructor : Najay Murray
Cost : $6,0000 JMD
Cost: (With Early Bird Discount): $4,500 JMD (Ends on July 21)
Modality : 100% Online

Course Description

This course is designed to provide a basic understanding of financial statements with emphasis on the balance sheet. At the end of this course, it is expected that participants will be more proactive in their decision making and appreciate the value of financial reports as well as gain a new sense of confidence with finance professionals. Participants will also learn how to think about finance and translate various measures of performance into financial terms.

At the end, you’ll be able to:

  • Better understand financial terminologies information and implications
  • Apply basic financial concepts that remove guesswork from decision making
  • Understand the logical flow of accounting information which culminates in the preparation of financial statements Understand the nexus between the income statement and balance sheet
  • Calculate and interpret financial ratios
  • Analyze cash flow statements
  • Understand the role of working capital in the financing of the operations of business
  • Relate a department’s financial performance to the bigger organizational picture

Who will benefit?

  • Managers and professionals who regularly work with financial reports
  • Non-financial professionals with the core principles of financial reporting
  • Entrepreneurs
  • Accountants

Record Keeping & Budgeting

Date : July 22 & 24, 2024
Time : 6:00 p.m. – 8:00 p.m.
Instructor : Sandra Lawrence
Cost : $6,0000 JMD
Cost: (With Early Bird Discount): $4,500 JMD (Ends on July 21)
Modality : 100% Online

Course Description

In this course, you will be introduced to the basic principles of record-keeping and the different aspects of business financing tools that are essential for budgeting, as well as current business trends in cost-cutting and increasing profits. You will learn how to work your way through the accounting cycle and be able to read and produce key financial statements. At the end of this course, you will understand important budgeting concepts, time-tested strategies that you will be able to easily implement for your business.

At the end, you will be able to:

  • Understand basic financial concepts: (gross) income, expenses, profit and loss (net income).
  • Summarize the need and purpose of a business budget.
  • Understand the importance of tracking income and expenses.
  • Keep track of income and expenses by use of cash book entry; the various books to be kept for proper record keeping of your business activities, entry system in bookkeeping, single entry system, the double entry system; debit and credit, balance sheets, and operating assets and liabilities.
  • Describe procedures involved in business savings and cost-cutting.
  • Describe the purpose and processes involved in payroll budgeting.

Who will benefit?

  • Managers and professionals who regularly work with financial reports
  • Non-financial professionals with the core principles of financial reporting
  • Entrepreneurs
  • Accountants

Costing, Pricing and R.O.I

Date : July 25 & 29, 2024
Time : 6:00 p.m. – 8:00 p.m.
Instructor : Dr. Jamie Lee
Cost : $6,0000 JMD
Cost: (With Early Bird Discount): $4,500 JMD (Ends on July 21)
Modality : 100% Online

Course Description

This course is an introduction to cost accounting concepts and procedures. An effective cost accounting system provides information that can impact the operational and financial performances of an entity. You will learn how cost accounting information is developed and used for various purposes in different types of business entities. You will also learn ways of assigning various costs, such as direct costs, indirect costs, fixed costs, variable costs, inventorial costs, and period costs.

At the end, you will be able to:

  • Have a clear understanding of how to calculate and deliver an ROI (Return on Investment) Analysis to stakeholders and clients.
  • Have an awareness of the positive impact an ROI prediction can make in proving the success of a training project undertaken.
  • Spot areas of improvement in ROI presentations made, based on your improved theoretical and practical knowledge on the subject.
  • Differentiate between different cost estimating methods.
  • Identify and define common costs and groupings that make up the traditional selling price model.
  • Discuss traits or qualifications common to a successful estimator.
  • Generate selling price estimate for a product

Who will benefit?

  • Managers and professionals who regularly work with financial reports
  • Non-financial professionals with the core principles of financial reporting
  • Entrepreneurs
  • Accountants

Introduction to Accounting Systems

Date : August 7 & 8,  2024
Time : 6:00 p.m. – 8:00 p.m.
Instructor : Jenise Bolton-Sanchez
Cost : $6,0000 JMD
Cost: (With Early Bird Discount): $4,500 JMD (Ends on July 21)
Modality : 100% Online

Course Description

In this course, you will learn how to utilize the well-known accounting tool, QuickBooks Pro, as well as other accounting software. This course will equip you with the knowledge needed to fulfill your professional demands like an expert, whether you are an accountant, bookkeeper, or small business owner learning about financial management. We demonstrate how to use these accounting software most efficiently.

At the end, you will be able to:

  • Create a company file and create new QuickBooks users
  • Import data from Microsoft Excel into QuickBooks
  • Set up customer invoicing and accounts receivable
  • Pay bills, track purchase orders, and set up accounts payable
  • Create a chart of accounts
  • Run reports on revenue, inventory, expenses, and more
  • Create a customized invoice with local, regional, and state sales tax

Who will benefit?

  • Entrepreneurs (Existing and/or Start-ups)
  • Accountants
  • Bookkeepers