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Fundamentals of Accounting

£48.76

Want to explore the field of accounting? Take the Fundamentals of Accounting course and learn all that you need to know! This course is a great opportunity for those who are new to accounting or want to refresh their accounting knowledge before they take up higher education. The course enables you to get familiar with data processing, cash flows, keeping accounts of resources and payrolls. The course is also a great opportunity for those who struggle with accounts in their own small businesses. Whether you are an entrepreneur or are new to accounting studies this course can help you learn the very fundamentals of accounting. The course introduces its learners firstly, to the basics of accounting and its terminologies: debits, credits, assets, liabilities, etc. It then moves toward a deeper understanding of financial statements and data processing for monitoring clash flows. The knowledge about balances sheets, income statements and other data related to all cash flows and transactions help learner to make well-informed decisions about a business. This knowledge can help a learner on an individual level to run a small business adequately, or choose a career path into accounts management, which might help one secure a good job. The course would be a thorough one to help learners understand the basic accounting for all kinds of organisations: government, private, profit and non-profit organisations. Why should you choose us? No Hidden Fee Free e-certificate (PDF) Free Career Support Service Free CV Writing and Interview Skills Pack available with this course. Get 2 days (48 hours) of free access to one of our 140 course strong course libraries, we will issue access upon your request when you have purchased a course. Nationally and internationally recognised Accredited qualification Excellent quality video tutorials Get Tutor support Monday-Friday Get one year’s access to the course Get support by phone, live chat, and email Join our friendly online learning platform Our Course is fully compatible with PC’s, Mac’s, Laptop, Tablet, and Smartphone devices. So, you can access your course on Wi-Fi, 3G or 4G. There is no time limit for completing this course, it can be studied in your own time at your own pace. All tests are online and are taken either during or after the course, these are included in the price.

SKU: 221070 Category:

Description

Accounting and finance_Accountancy

Description

Course Curriculum

Following key topics are covered in this course;

Module 1. Basics Accounting And Debits & Credits

  • Accounting Basics
  • Definition Of Accounts, Debits & Credits

Module 2. Guide To Understanding Financial Statements

  • Guide To Understanding Financial Statements

Learning outcomes:

During the period of this course, you will be able to learn:

  • Purpose of accounting – why is it necessary and its benefits
  • Basic rules of accounts, the terminologies, kinds of financial statements and fundamentals of accounting
  • Crediting and debiting
  • Current and long-term liabilities
  • Conservatism, consistency, matching concept, economics entity concept, the going concern etc.
  • Analysing and recording transactions
  • Financial accounting and management theories for small businesses

Assessment:

The assessment would consist of an MCQ exam. The learners will be taking it online at the end of the course. The results would be displayed right after the submission of the completed exam, stating whether learners have qualified and would receive the certificate for the course.

Certification:

All students will receive a certification for Accounting Essentials, which is accredited by IAP and CPD, upon the successful completion of the modules.