Introduction to Accounting -(ABE Qualification)
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Understand the basics of accounting! An introductory module into Accounting - a core module of the ABE Certificate programme in Business Management.
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Further Details
Candidates will be able to:
1. Describe and explain briefly the nature and scope of accounting
2. Describe, explain and accurately reflect double entry bookkeeping principles and adjustments from books of original entry such as day books to the trial balance stage
3. Prepare a set of final annual accounts, including any appropriate adjustments needed, for a sole trader, a partnership and a limited company
4. Understand the need for and complete accurately a cash flow statement
5. Undertake some financial ratio analysis of a company's accounts and make reasoned judgements and comments on company performance based on their figures
6. Describe, explain and calculate accurately different elements of costs
7. Describe, explain and calculate labour and material costs
8. Describe and explain the essential concepts and principles of break-even analysis and undertake calculations accurately to demonstrate their overall understanding and knowledge
9. Describe and explain the concepts and principles of budgeting and the essential factors behind budgetary control
Information provided is for information purposes only and no guarantees are made with regards to accuracy. It is advised that all details are checked prior to making a booking. Contents © 1999 - 2012. All rights reserved.
