Financial Accounting basics

EntreprenAble Business Academy

Short course

Online

£ 29 VAT inc.

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Description

  • Type

    Short course

  • Level

    Beginner

  • Methodology

    Online

  • Class hours

    10h

  • Duration

    Flexible

  • Start date

    Different dates available

  • Online campus

    Yes

Contains a theoretical description of the fundamentals of accounting principles and recording procedures, double entry, the accounting equation and balance sheets, trial balances, income statements, cash flow statements for each typical transaction throughout the first four years of the activity of the firm.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

On completion of this eLearning course you will have learnt crucial, fundamental, must-have business knowledge and skills that you will be able to apply in your studies, your career or in managing your business.

This course is suited to:
- Business owners

- Professionals

- Graduates

Everyone who needs to take decisions with financial implications and has realised that it is the best to rely on knowledge rather than on magic.

There are no pre-requisites are required to complete this course.

This course is part of a set of courses in Financial Accounting and Financial Management of MBA quality and 60 self-paced study hours in total.

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Reviews

Subjects

  • Professional development
  • Entrepreneurship

Teachers and trainers (1)

Alberto Estens

Alberto Estens

Senior Expert

Course programme

Learning Objectives: On completion of this eLearning course you will have learnt crucial, fundamental, must-have business knowledge and skills that you will be able to apply in your studies, your career or in managing your business.

Reasons to Prepare Financial Statements

Principles of Accounting

Chart of Accounts and General Ledger

Income Statement

Balance Sheet

Statement of Cash Flows

Statement of Changes in Equity

Interrelationships between the Four Statements

Additional information

The next step to follow would be to study the Financial Accounting - dynamic approach with the AccountingLab.
The teaching methodology is based on simulating the “real life” of a company, from launching its operations. It uses the “typical transaction” approach to simplify the learning, on a transaction-by-transaction path. All transactions carried out by the firm are entered in the Accounting System, in a user-friendly spreadsheet format, from the start of operations (the initial capital provision by the Owners) then each accounting period until the end of the fourth fiscal year. We will use such knowledge and skills in preparing financial statements for seven accounting periods. The main accounting periods are (note that the first Year includes four shorter accounting periods): • Month 1 • End of Quarter 1 • End of Quarter 2 • End of Year 1 • End of Year 2 • End of Year 3 • End of Year 4 Benefit of the online AccountingLab serves as an interactive accounting system to enter typical transactions.

See related categories

Financial Accounting basics

£ 29 VAT inc.

The best Other Accounting courses

See all

See all