Finance and Accounting Diploma
Sponsored links
A Distance Learning Course of 6 Lessons.
Course Description:
We can define accountancy as: "the identification, measurement and communication of economic information to enable the users of that information to form sensible opinions and make sensible decisions".
Accounting is surrounded by mystique and "jargon", and, as a professional skill, it requires a high degree of technical expertise. However, it is a very "common-sense" activity and addresses some very basic issues and questions about the nature of businesses and the real-life events, people and activities that make them work.
One of the problems with accounting is that many people focus on the "count" component of the word, and believe that it is no more than counting or "doing the numbers". Nothing could be further from the truth! Look at the complete word! Very few people when asked to give an account of themselves, will express themselves in quantitative terms - shoe size, IQ, height and weight.
Rather, they offer information in qualitative terms - where they live, what they do, their background, likes, dislikes, family, occupation and so on. Indeed they will "tell a story" - which is what accounting strives to do for an organisation - albeit, today largely in financial terms.
| Delivery: |
|
| Category: |
Further Details
Course Syllabus:
Part 1: Financial Accounting,
Unit 1: Introduction to Accounting,
Introduction,
Objectives,
1. What is accounting?
2. Organisations, objectives and management
3. Financial and managerial accounting
4. Profit, profitability and cash
5. Accounting conventions, concepts and policies
6. Capital and sources of finance
7. Capital structure - limited liability company
Unit Summary.
Unit 2: Financial Statements,
Introduction,
1. Objectives
2. Content of financial statements
3. The "big three"
4. The balance sheet
5. Measurement of profit
6. The income statement
7. Bookkeeping and books of account
8. The trial balance
9. Judgement
10.The cash flow statement - profit versus cash,
Summary,
Review activities.
Unit 3: Interpretation and Analysis of Published Financial Statements,
Introduction,
Objectives,
1. The analysts
2. Analytical techniques
3. The key issues
4. The principal ratios,
Summary.
Part II: Management Accounting and Financial Management.
Unit 4: Cost and Management Accounting,
Introduction,
Objectives,
1. Introduction to management accounting
2. Costs and historical costing
3. Controlling costs
4. Total absorption costing
5. Marginal costing
6. Break-even analysis,
Summary,
Appendix: examples of cost units.
Unit 5: Budgetary Control,
Introduction,
Objectives,
1. The household budget
2. Benefits of budgeting
3. Rules for budgeting and budgetary control
4. Cash budgets
5. Behavioural implications of budgeting
6. Control though comparative statements
7. Fixed and flexible budgets,
Summary.
Unit 6: Capital Investment Appraisal and Project Evaluation,
Introduction,
Objectives,
1. Capital investment appraisal
2. What is investment?
3. Evaluation - alternative approaches
4. Judgement
5. Non-financial aspects of capital investment appraisal,
Summary,
Further reading.
Payment plans are available on request.
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.
