Financial Accounting, the language of business, offers crucial insights into a company's performance and financial health. This comprehensive MBA course equips you with essential skills to understand and communicate financial information effectively.
Overview
Financial Accounting is the language of business, providing vital insights into a company's performance and financial health. This comprehensive course is designed to equip MBA students with the necessary knowledge and skills to understand and communicate financial information effectively. Throughout the course, you will learn how to analyze and interpret financial statements, enabling you to make informed business decisions and communicate critical information to stakeholders. Gain a deeper understanding of business transactions and their recording in the accounts, mastering the art of journalizing these transactions accurately. The course covers essential topics like adjusting accounts to ensure accuracy, and the process of closing the books, completing the accounting cycle. Engage in practical exercises and real-world scenarios, such as the Frasers Golf Academy Practice Set, which will sharpen your accounting abilities and prepare you for real-world challenges. By the end of this course, you will have a solid grasp of financial accounting principles and practices. Whether you plan to become a finance professional or an entrepreneur, this course will be instrumental in enhancing your financial decision-making skills.What Will You Learn?
- The fundamentals of Financial Accounting as the language of business.
- How to analyze and interpret financial statements for informed decision-making.
- Techniques to communicate financial information effectively to stakeholders.
- The process of journalizing business transactions accurately.
- How to record transactions in the accounts.
- The importance of adjusting accounts for precision and completeness.
- Closing the books and completing the accounting cycle.
- Practical application through the Frasers Golf Academy Practice Set.
- Hands-on experience in real-world scenarios to deepen your understanding.
- Excel and video solutions to aid your learning process.
Who Should Take The Course?
- Ideal for MBA students, finance professionals, entrepreneurs, managers, and analysts.
- Learn to analyze and interpret financial statements effectively.
- Master the art of journalizing and recording business transactions accurately.
- Understand the process of adjusting accounts and closing the books.
- Practical exercises like Frasers Golf Academy Practice Set.
- Excel and video solutions provided for enhanced learning.
- Suitable for non-finance professionals and career switchers.
Requirements
- Basic computer literacy and familiarity with using software applications.
- Access to a computer or laptop with internet connectivity.
- No prior accounting knowledge or experience required.
- Willingness to engage in practical exercises and real-world scenarios.
- Commitment to learning financial accounting principles and practices.
- Openness to understanding and analyzing financial statements.
Course Curriculum
-
- Why learn accounting 00:04:00
- The three types of business organizations 00:02:00
- The three types of business activities 00:02:00
- Introduction to Accounting Lecture interactive 00:00:14
- Interactive Exercises 00:00:25
- Test your understanding 00:00:05
-
- Summary of Module 1 00:01:00
- Communicating with Users 00:00:14
- Test Your Understanding 00:00:05
- Classified Balance Sheet 00:01:00
- Interactive Exercises 00:01:00
- Lecture on recording Journal Entries 00:16:00
- Lecture on closing the books 00:08:00
- Frasers Golf Academy Case 00:05:00
- Order Certificate 00:05:00
New Courses
Blogs
Jul'23
ADHD Training for Teachers: Empowering Educators to Support Students with Attention Challenges
Relationships may be severely harmed by narcissistic behaviours, leaving emotional scars and...
Jul'23
Narcissistic Behaviour and Relationships: Understanding the Impact and Finding Healing
Relationships may be severely harmed by narcissistic behaviours, leaving emotional...
Jul'23
Childhood Trauma in Adults
What Is Childhood Trauma? Childhood trauma refers to distressing or...
Jul'23
Creating A Social Media Strategy
Set Clear Objectives:The first step in developing a successful social media...
Jul'23
Neuro-Linguistic Programming Techniques
Neuro-Linguistic Programming (NLP) is a fascinating and widely acclaimed approach...
Jul'23
Acceptance and Commitment Therapy in the UK
What is acceptance and commitment therapy? Acceptance and Commitment Therapy...