Accounting Foundations

$99

This comprehensive course is designed for managers and staff who require a detailed understanding of accounting – including non-financial managers and executives, budget holders, accounts personnel and support staff working with accounts.

Description

This comprehensive course is designed for managers and staff who require a detailed understanding of accounting – including non-financial managers and executives, budget holders, accounts personnel and support staff working with accounts.

Managers today need to understand Finance. This involves moving beyond budgeting, and acquiring an understanding of the key concepts involved in the organization’s financial decision making. Typical questions non-financial managers should be able to answer include:

– What are the financial priorities we face?
– Is this project financially viable?
– Why is performance below or above budget?
– What can be done to improve cash flow?
– Why are profit margins under pressure?
– How can the return on capital employed be increased?
– Should we acquire this business or not?
– What’s the relative profitability of different products and different customers?”

The topics we cover in this course (and further courses in our finance management program) will enable you to answer these questions with confidence.

COURSE DETAILS
  • Suitable For: First-line and Middle Managers
  • CPD Credits: 20 Hours
  • Access: 3 months
  • Certification: Download your CPD Certificate on completion
  • Additional Resources: Download Learners manual, additional articles and worksheets
COURSE CONTENT

The course comprises the following lessons:

Lesson 1 – Getting Started

Video – What is Accounting?

SECTION 1: THE BASIC PRINCIPLES OF ACCOUNTING

Lesson 2 – The Purpose of Accounting

Video – A brief History of Accounting

Lesson 3 – Types of Business Entity

Video – Which Legal Structure?

Lesson 4 – The Basics of Accounting

Video – The Basic Accounting Equation

Lesson 5 – Bookkeeping

Accounting Foundations – Quiz 1

SECTION 2: ACCOUNTING IN PRACTICE

Lesson 6 – Debits and Credits

Video – Debits and Credits

Lesson 7 – Financial Statements

Video – 3 Types of Financial Statements

Lesson 8 – Accounting Standards

Video – The Importance of GAAP

SECTION 3: ESSENTIAL SKILLS FOR ACCOUNTING

Lesson 9 – Mathematics for Accounting

Accounting Foundations – Quiz 2

Lesson 10 – Wrapping-up

Understanding Accounting – Course Evaluation

CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION

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