Financial Accounting Management

by Prompt Infotech Claim Listing

Financial Accounting is a systematic tracking of company's financial transactions. The transactions are recorded, summarized, and presented in Financial Statement of Accounts which is a technical publication which provides a view of the income and expenditure for the year.

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120 Hours

Course Details

Financial Accounting is a systematic tracking of company's financial transactions. The transactions are recorded, summarized, and presented in Financial Statement of Accounts which is a technical publication which provides a view of the income and expenditure for the year.

Financial accounts are part of the company’s accounting system. Companies often use accounting as a way to keep score. Small businesses often find it important to keep score since accurately tracking financial information is the best way to determine the effectiveness and efficiency of their operations. Financial accounts can also provide historical records for making future business decisions.

 

Key Benefits:

By the end of the course students will be able to track cash management. Financial accounts allow companies to purchase economic resources, goods or services on account from other businesses. These purchases represent trade credit in the business environment.

Companies use accounts payable and accounts receivable financial accounts to keep track of this information. Accounts payable represents all money owed to other businesses for resources purchased. Accounts receivable includes all money.

 

Course Modules:

  • Introduction to Accounting
  • Fundamentals of Accounting
  • GAAP – Rues of Accounting
  • Roles of FASB and SEC
  • Financial Statements
  • Accounting Cycles - Recording Transactions
  • Process of Accounting Cycles
  • Self Balancing Ledgers
  • Accounting for a Merchandising company
  • Short – term financial assess
  • Inventories
  • Long – term Assets – Property
  • Pant & Equipped and Intangible assets
  • Liabilities – Current and Long term
  • Stock holders Equity Contributed capital
  • Statement of Cash flows
  • Cash flow Analysis
  • Cash & fund flow Assessment
  • Financial Statement Analysis
  • Budgetary control
  • Standard costing
  • Coimbatore Branch

    319-A, 2nd Street, Coimbatore

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