Fundamentals of Accounting

Basic accounting skills are necessary tools when dealing with finances. Understanding the basic concepts and methods used in accounting is critical for developing organizational skills. Managing your money is an absolute necessity in any line of business. Knowing how to keep track of your actions, make projections and set up budgetary limits are key factors on the way to success., Stock Market Trading Training

Topic Outline:

1. Registration and Documentation

Documentation And "Drawers" | The Ledger Accounts And Registration | The Bookkeeping Journal | Assets and Liabilities

2. Financial Statements

The Period Of The Statements | Explanation Of Balance Sheet Items | The Value Of Assets In The Balance Sheet | Founding A New Company – Listing In The Balance Sheet | Current Assets | Fixed Assets | Profit And Loss Statement | The Cost of Sales | Depreciation

3. Analyzing the Financial Statements

Balance Sheet Ratios | Net Profit Per Share | Return On Equity | Return On Assets | Credit Days | Inventory Days

Course Features

♦ Continuous personalized support from our online Help Desk
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♦ Learn anytime, anywhere
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♦ 100% money-back guarantee
♦ Get a GFS certificate (subject to qualifying conditions)

Objectives

• To provide students the tools necessary to understand and execute appropriate accounting procedures.
• To learn the structure and purpose of the three primary financial statements: balance sheet, income statement and cash flow statement.
• To learn the basic language of business, such as cost of sales, expenses, bad debts, fixed assets, and the difference between cash and profit.
• To analyze financial information and make better decisions using ratios such as balance sheet ratios, net profit per share and return on equity.