Fundamentals of Financial Accounting
Details
ALISON’S "Introduction to Accounting" offers a comprehensive guide to Financial Accounting. This free online course explains accounting principles and concepts, and how to prepare and analyse financial accounts. It also examines ratio analysis, working capital, cash and finance, business analysis, and business risk.
It is a useful tool for those studying accounting, people working within financial operations of companies, and anyone who wishes to learn more about finance and accounting in general.
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 OUTCOMESYou will be able to prepare and analyse your accounts, as well as budget your income and expenditure. You will be able to prepare a profit and loss statement. You will gain knowledge of cash flow statements.This course will help you to understand the risks involved in a small business. You will know how to record stock and identify stock problems that occur within a business.
Outline
Accounting concepts
Accounting information
Accounting issues
Balance day adjustments
Budgeting
Control for debtors and creditors
Historical cash flow statement
Profit and loss statements
Risk in small business
Stock recording and valuation
Assessment
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