To learn a foreign language like Accounting, you need quite a bit of practice in the basic foundations (grammar, syntax, idioms, etc.)
To learn a foreign language like Accounting, you need quite a bit of practice in the basic foundations (grammar, syntax, idioms, etc.). This material is absolutely essential for being able to read and to understand books written in the language (in our case, financial statements.).
This week, we will start building these foundations. We will start with an overview of financial reporting. What types of reports are required? Who makes the rules? Who enforces the rules?
Then, we will cover the balance sheet equation and define/discuss Assets, Liabilities, and Stockholders’ Equity. We will introduce debit-credit bookkeeping and do lots of practice in translating transactions into debits and credits.
Finally, we will introduce a case of a start-up company to provide you insights into all of the steps necessary to go from recording the first transactions of a new business all the way through its first set of financial statements.
Master the technical skills needed to analyze financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting process.
By the end of this course, you’ll be able to read the three most common financial statements: the income statement, balance sheet, and statement of cash flows.
Why enroll in this program?
Our program meets the real needs of businesses today and our teachers use the latest training techniques. Benefit from our experience and modern teaching methods. To learn more, call us.
Program objectives:
We are leaders in Educational and Management Consultancy, providing University Admissions for various universities.
Our consulting and coaching seek to apply principle centred leadership to achieve in all aspects of student’s educational and professional pursuits while aligning purpose with a strong vision and mission.
We use our knowledge of what the admission committee looks for in a student application to devise your personalized strategies. Most of our expertise is based on the educational system, but have also been successful getting our students admitted to schools worldwide for our partner universities.
Accounting is the management and processing of financial data for a variety of small and large organizations. Clark students learn best practices in data entry, account management, and other accounting applications.
This course is the first of a two-part, in-depth study that examines the concepts of cost and managerial accounting. Major topics include cost-volume profit-analysis, relevant costs and short-term decision making, responsibility accounting, standard costing and variance analysis.
The program teaches students a combination of office administration skills, computer skills, and accounting skills in order to prepare them for employment opportunities in financial or admin jobs.
In this course, students are introduced to basic accounting fundamentals and work with a complete set of books for a sole proprietor. Students explore the steps in the accounting cycle as well as effective internal financial controls.
This 36-hour course instructs students on the use of Simply Accounting’s General Ledger, Payable, Receivables, Inventory and Project Costing Modules. Students learn how to develop a standard set of financial reports.
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