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