Diploma in Accounting - Advanced Controls and Transactions

Course

Online

Free

Description

  • Type

    Course

  • Methodology

    Online

  • Start date

    Different dates available

This free certificate in accounting course looks in-depth at the transactions, processes and controls used to record typical transactions in a business.

In sales, you will learn how to handle returns, discount and freight charges as well as working out the cost of goods sold. In inventory, you will see the two different methods of counting inventory, periodic and perpetual, as well as the different methods of calculating value of the inventory and the associated journal transactions to record the necessary adjustments.

To help manage the cash assets within a company, the different controls and best practices are outlined with examples of documents and processes given for both checking accounts and petty cash. Samples of adjusting journals are given and the importance and use of the quick ratio are explained. This is followed with details on how to manage the accounts receivables, from calculating the provision for uncollectable accounts to the use of aged analysis. Similarly in accounts payable you will see how to make provision for both the known and unknown liabilities as well as how to use payable notes as for of short term finance.

This free diploma of accounting course will be of great interest to entrepreneurs and business professionals who would like to better understand the transactions and controls used in business, and to any learner who is interested in accounting as a future career.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

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Subjects

  • Accounting MBA
  • Transactions
  • Accounting
  • Controls
  • Transcriptions

Course programme

Module Title Module 1: Accounting - Merchandising Transactions Module 2: Measuring and Reporting Inventory Module 3: Diploma in Accounting - Advanced Controls and Transactions First Assessment Module 4: Accounting - Control and Monitoring of Cash Module 5: Accounting - Receivables and Payables Module 6: Diploma in Accounting - Advanced Controls and Transactions Second Assessment Module 7: Diploma in Accounting - Advanced Controls and Transactions Final Assessment

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Diploma in Accounting - Advanced Controls and Transactions

Free