What you'll learn?

  • Exploring financial terminologies such as current assets, long-term assets, intangible assets, and natural resources
  • Learning the different types of liabilities, managing those liabilities, and calculating the time value of money
  • Calculating the present value, future value, interest rate, and maturity date on various types of cash flows
  • Understanding a company's statement of stockholders' equity and the balance sheet
  • Learning about the components of stockholders' equity, stock transactions

Description

This course introduces the fundamentals of business accounting. It discusses basics of the accounting systems, assets, inventories, liabilities and equities. The main purpose of this course is to help participants to acquire the skills, knowledge & attitudes required to understand the general aspects of accounting through a group of practice activities & case studies.

Audience :

Individuals High School Students seeking professional development. University & Institute students. University & Institute fresh graduates. Post graduate students. Corporate Corporate professionals, managerial positions, future managers, junior finance personnel and entrepreneurs seeking personal professional development. Corporate training departments seeking employee development.

Topics :

Accounting Systems

o   Fundamentals of accounting

o   Business activities

Accounting for Assets

o   Introduction to assets

o   Current assets

o   Non-current assets

Accounting for Inventory

o   Fundamentals of an inventory system

o   Inventory management

Accounting for Liabilities

o   Current liabilities

o   Long-term liabilities

Time Value of Money

o   Time value of money overview

o   Interest rates and maturity dates

o   Value of annuities

o   Value of bonds

Stockholders' Equity

o   Fundamentals of stock

o   Stockholders' equity

o   Ratio analysis

Prerequisities :

Recommended Knowledge :

No special prerequisites applied. Basic financial background preferred.

Category :

  • Business

Training Materials :

Thomson Course Technology

Labs :

This course includes several labs to ensure you will gain the targeted skills and experience.

Credential :

This course is both a stand alone skills based certificate & also part of the "YAT Business Diplomas"; "Finance & Quality Management Skills Diploma – Standard Level".

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