Accounting – A Complete Study

Overview

This course, "Accounting - A Complete Study," provides a comprehensive overview of accounting principles, processes, and systems. Students will gain a solid understanding of basic accounting concepts and conventions, including the classification of accounts.

The course covers various accounting systems, such as journal and ledger, as well as subsidiary books and the calculation of depreciation. Students will also explore cost accounting, including cost classification, elements of cost, and cost sheets. The course examines the advantages of cost accounting and the differences between cost accounting and financial accounting.

Students will learn about budgeting and various costing methods, such as marginal costing and standard costing. The course also covers variance analysis and CVP analysis, allowing students to understand the relationship between cost, volume, and profit.

Furthermore, the course explores the differences between management accounting and financial accounting, as well as the use of cash flow statements and ratio analysis to assess a company's financial performance. Students will also learn about working capital and how to use useful ratios to make informed financial decisions.

Overall, this course is ideal for anyone seeking a comprehensive understanding of accounting principles and practices, whether they are starting their accounting career or seeking to develop their existing knowledge.

What Will You Learn?

• An overview of accounting principles and practices
• The accounting process and systems
• Basic accounting concepts and conventions
• The classification of accounts
• How to maintain subsidiary books, journal, and ledger
• The calculation of depreciation
• The advantages of cost accounting over financial accounting
• Cost classification and elements of cost
• How to create cost sheets and control costs
• Budgeting and various costing methods such as marginal costing and standard costing
• Variance analysis and CVP analysis
• The differences between management accounting and financial accounting
• How to use cash flow statements and ratio analysis to assess financial performance
• The concept of working capital and how to use useful ratios to make informed financial decisions.

Who Should Take The Course

• Accounting students: The course is an excellent resource for individuals who are studying accounting at college or university.
• Professionals seeking to enhance their accounting knowledge: The course is ideal for accounting professionals who wish to deepen their understanding of accounting principles and practices.
• Business owners and entrepreneurs: The course provides valuable insights into financial management, enabling business owners and entrepreneurs to make informed financial decisions.
• Individuals looking to pursue a career in accounting: The course provides a strong foundation for individuals looking to start a career in accounting or finance.
• Anyone interested in learning more about accounting: The course is ideal for anyone who is interested in learning more about accounting principles and practices, regardless of their background or level of experience.

Requirements

• A computer or mobile device: You will need access to a computer or mobile device to access the course materials.
• Internet connection: A stable internet connection is required to access the course content.
• Basic computer skills: You should have basic computer skills, such as the ability to browse the internet, use email, and download files.
• Accounting knowledge: While no prior accounting knowledge is required, a basic understanding of accounting principles and practices would be beneficial.