Basic Accounting 2 – Online Short Course

INTRODUCTION


The program is designed to provide non financial managers with a better understanding of  financial management and  empowers learners with enough understanding of the financial forces that affect the Decision making process. Delegates will be given the ability to interpret financial statements and use the information to make those financial decision.


TARGET AUDIENCE

The Online Training will benefit any businessperson involved in finance requiring a theoretical understanding and practical application of financial tools, techniques, procedures and terminology.


WHAT THIS COURSE CAN DO FOR YOU…  

Understand the importance of financial management

Identify, solve problems and make financial decisions

Understand basic accounting principles and concepts

Analyse the elements of an income and expenditure statement

Analyse the elements of a balance sheet

Be able to compile a personal assets and liabilities statement


COURSE CONTENT

Accounting Concepts and Principles

Understand accounting principles and concepts

Understand entries in the general journal and ledger

Terms, language and concepts used in accounting


Depreciation

Principle of depreciation

Types of depreciation used in business

Calculating different types of depreciation

How depreciation affects the worth of a business


The Accounting Cycle

Understand the process of Accounting

The Accounting Cycle

Recording entries in the general ledger

Draw up and interpret a Trial Balance


The Income Statement

Components of an Income Statement

How to calculate gross profit

How to compile and interpret an Income Statement

Understand the link between Income Statement and Balance Sheet


The Balance Sheet

Components of the Balance Sheet

Compile and interpret a Balance Sheet

Ensure that the business is performing at its optimal level


The Working Capital Cycle

Components of working capital – assets, liabilities and net current assets.

Consequences of poor management of working capital

Improving the management of working capital

Understand the working capital cycle to assist a business in running profitably.


Cash Flow

Components of the cash flow statement.

Understand how to interpret the cash flow statement.


Duration

You may begin at anytime and the training should take approximately 4 weeks to complete on a part time basis.


Course Delivery

The course is delivered through the School of Shipping Learning website and allows you to study at your own pace. You may begin and register any time. A Subject Matter Expert and will provide you with academic support through the learning website and a Course Coordinator will also be available on email and telephone to provide you with administrative support.


Assessment and Award of the Certificate

You are not required to write any exams, assessments are completed online. You will need to achieve a mark of at least 60% for each assessment to receive the certification. Should you not gain competency on your first attempt one more resubmission will be allowed at no additional cost.


Entry Requirements

The only entry requirement for this course is a desire to learn and advance your career.

In order to do this course, you will need:

  • An email account
  • Access to a computer and the internet
  • Be able to open and read PDF documents
  • Read and write in the English language

This course is applicable to being delivered in house at your company premises, please contact us for a separate quotation.

BUY THIS COURSE

R1,240.00

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