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      • Fundamental Accounting of Small Business

      Fundamental Accounting of Small Business

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      Business, Management & Law, Finance
      £99.00
      Buy Membership
      A270
      • Overview
      • Curriculum

      All Startup founders and business owners, executives must get a basic understanding of finance and accounting to enable themselves to be able to read financial statements, analyze results and the impact of their business decisions.

      This course was recorded during a live class with startup founders who do not have any formal background in accounting and finance. Course contents, speed, and explanations are designed keeping in mind those users.

      This Class is the first day of five-day series topics discussion in the course includes

      Understanding the fundamentals of Accounting & financial statements and how to draw them.

      1. Fundamentals of accounting practices.
      2. Types of Accounts and Financial Statements
      3. Accounting Entries
      4. Relationship between Profit & Loss / Balance Sheet and Cash Flow
      5. Key Accounting Policies
        • Inventory
        • Fixed Assets
        • Capital vs operating expenses.
        • Revenue Recognition
        • Expenses Accounting
      6. Accounting Control Practices
        • Receivable from customers
        • Advance / pre payments
        • Accruals and Provisions
        • Fixed Assets
        • Supplier Payments
      7. Working Capital
      8. Analysis Steps and Methods

      Why choose Edplx?

      • Internationally recognised accredited qualification
      • Access to our free career advisors
      • Approved UK Learning Centre
      • 1 year accessibility to the course
      • Attain PDF or hardcopy certificate to show employers
      • Study at your own pace anywhere
      • Employer has access to certificate validation
      • Tutor Support available Monday-Friday
      • Invitation to job fairs

      Course Curriculum

      This Course will cover some of the following topics:-

      SECTION-1 ACCOUNTING FUNDAMENTALS

      • What is Financial Accounting 
      • Accounting Double Entry System and Fundamental Accounting Rules 
      • Financial Accounting Process and Financial Statements Generates 
      • Basic Accounting Equation and Four Financial Statements 
      • Define Chart of Accounts and Classify the Accounts 
      • External and Internal Transactions with Companies 
      • Short Exercise to Confirm What We Learned in This Section 

      SECTION-2. ACCOUNTING POLICIES

      • What are Major Accounting Policies Need to Be Decided by Companies 
      • Depreciation Policies 
      • Operational Fixed Asset Controls 
      • Inventory Accounting and Controls 
      • Revenue Accounting and Controls 
      • Expenses Accounting and Working Capital 

      Who is this Course for

      This course is suitable for

      • Startup Founder and Co-founder
      • Small Business Owners
      • Other Business Executives with no formal background in accounting
      • MBA students

      Requirement

      This course is open to all with no formal entry requirements.

      Course Features

      • Lectures 13
      • Quizzes 0
      • Duration 2h 28m
      • Skill level All levels
      • Language English
      • Students 227
      • Certificate No
      • Assessments Yes
      CoursesBusiness, Management & LawFinanceFundamental Accounting of Small Business
      • Section-1 Accounting Fundamentals 7

        • Lecture1.1
          What is Financial Accounting 13 min
        • Lecture1.2
          Accounting Double Entry System and Fundamental Accounting Rules 10 min
        • Lecture1.3
          Financial Accounting Process and Financial Statements Generates 14 min
        • Lecture1.4
          Basic Accounting Equation and Four Financial Statements 21 min
        • Lecture1.5
          Define Chart of Accounts and Classify the Accounts 07 min
        • Lecture1.6
          External and Internal Transactions with Companies 13 min
        • Lecture1.7
          Short Exercise to Confirm What We Learned in This Section 07 min
      • Section-2. Accounting Policies 6

        • Lecture2.1
          What are Major Accounting Policies Need to Be Decided by Companies 07 min
        • Lecture2.2
          Depreciation Policies 12 min
        • Lecture2.3
          Operational Fixed Asset Controls 13 min
        • Lecture2.4
          Inventory Accounting and Controls 11 min
        • Lecture2.5
          Revenue Accounting and Controls 08 min
        • Lecture2.6
          Expenses Accounting and Working Capital 12 min
      • Overview
      • Curriculum
      £99.00
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