Description
Objectives
Upon successful completion of this course, the participant should be able to:
- Understand fundamental accounting concepts and their importance for Luxembourg entities.
- Master the mechanics of double-entry bookkeeping, classification of accounts, and be familiar with the Standard Chart of Accounts (SCA).
- Overview in VAT principles, LuxGAAP standards, and closing procedures.
- Prepare and understand the components of annual accounts, including the balance sheet, profit & loss statement, and notes to accounts.
- Comply with Luxembourg's legal obligations, including filing requirements and preparation of management and audit reports.
- Consolidate knowledge through practical exercises.
Programme
Day 1: Introduction to Accounting
- Overview of accounting importance and basics
- Double-entry bookkeeping principles
- Balance sheet and profit & loss classification
Day 2: Accounting Mechanisms
- Detailed explanation of the components of the balance sheet and profit & loss statement.
- Exploration of journals, general ledgers, and trial balances.
- Coherence between Chart of Account with Balance-sheet and P&L presentation.
- Become familiar with Standard Chart of Accounts (SCA)
Day 3: Key Accounting Concepts and Applications
- VAT concepts and their practical application.
- Debtors, creditors, and provisions
- The concept of accrued and deferred items
Day 4: Advanced Accounting – Part 1
- LuxGAAP policies and compliance.
- Foreign exchange rules under LuxGAAP.
- Fixed assets valuation and depreciation methods
Day 5: Advanced Accounting – Part 2
- The adjustments and closing entries
Identification and correction of accounting errors
Day 6: Financial information
- Components of annual accounts (balance sheet, P&L, notes)
- Legal obligations for filing and management reports
- Audit process
Penalties for non-compliance
Day 7: Consolidation and Practice
- Review and integration of all topics covered
Hands-on exercises for practical reinforcement
Target audience
This course is designed to help people without an accounting background to easily learn and understand accounting concepts
Conditions
Support de cours
Pour des raisons de respect de l'environnement veuillez noter qu'aucun support papier ne vous sera fourni lors de votre formation. Votre support de cours peut être téléchargé gratuitement avant le début du cours via notre portail client (télécharger ici le guide du portail client). Vous pourrez ainsi le consulter sur l’écran de votre appareil mobile ou l'imprimer en cas de besoin. Si votre inscription a été effectuée par un responsable formation de votre entreprise veuillez le contacter pour qu'il puisse vous y donner accès ou vous l'envoyer.
Certificate
At the end of the training, the participants will receive a certificate of participation delivered by the House of Training.
Location
L-1615 Luxembourg
Luxembourg
Sessions and schedules
-
Thu 16.04.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 23.04.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 30.04.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 07.05.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Wed 13.05.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 21.05.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 28.05.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 04.06.2026
13:30 to 16:00
2H
General Accounting - Fundamentals - Module 1 - Exam
Chambre de Commerce Luxembourg
-
Thu 22.10.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 29.10.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 05.11.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 12.11.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 19.11.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 26.11.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 03.12.2026
10:00 to 16:00
5H
General Accounting - Fundamentals
Chambre de Commerce Luxembourg
-
Thu 10.12.2026
13:30 to 16:00
2H
General Accounting - Fundamentals - Module 1 - Exam
Chambre de Commerce Luxembourg
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