Details
This course, the fifth in the series, introduces the body of theory underlying accounting procedures. It puts the core practices and principles, covered in the previous courses, into a framework of theoretical concepts. This free online course will give learners an understanding of the theory behind the accounting process and will help learners make decisions in diverse accounting situations as is provides a logical framework for accounting practice. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to get an understanding of the theory behind the accounting practices that we use day today, and to any learner who is interested in accounting as a future career.
CERTIFICATIONTo qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.
LEARNING OUTCOMESHaving completed this course learners will be able to: - Identify and discuss the underlying assumptions or concepts of accounting; - Identify and discuss the major principles of accounting; - Identify and discuss the modifying conventions (or constraints) of accounting; - Describe the conceptual framework project of the Financial Accounting Standards Board; - Discuss the nature and content of a company's summary of significant accounting policies in its annual report;
Outline
Module 2: Accounting Theory Assessment
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