Are you interested in a career within in the world of accounting?
You have come to the right place! Learn the principles of Applied Accounting here.
Throughout this course you will be introduced to the fundamentals of accounting viewed from the perspective of the business manager. We will study the five main areas of applied business strategy:
Accounting and Reporting in Commerce – Definition of Accounting, Accouting Principles, Accounting Eqution and Cycle, Double Entry Accounting, Assets, Liabilities, Capital, Accounting Onventions, IFRS and GAAP.
Financial Accounting #1 - Learn Financial Accounting, Financial Statements - Applications and Use, Profit and Loss Statement - Income Statement, Multi-Step Income Statement, Expenses, Profit Before Tax and EBITDA, Input to Depreciation Accounting, Depreciation Journal Entries, Balance Sheet - Assets and Liabilities Statements, Inventories, Liability Accounts, Total Liabilities and Equity.
Financial Accounting #2 - Learn Working Capital & Liquidity – Debtors, Creditors & Inventory Days, Permanent and Cyclical Working Capital, Forms of Working Capital Financing, Determinants of Working Capital, Cash Flow Statements - Operational and Reporting Formats, Economic Value Added (EVA) & Cash Flow Return on Investment (CFRIO) and Key Ratio Analysis – Short Term Acid Tests & Long Term Viability.
Management & Cost Accounting – Learn Management and Cost Accounting, Material, Labour and Overhead Costing, Process Costing, Job Costing and Batch Costing, Activity Based Costing - Lean Operations, Steps and Benefits of Developing and Activity - Based Costing System, Standard Costing and Variance, Standard Costing in GAAP and IFRS, and Responsibilities for Variances.
Limitations of Accounting - Learn Volume, Cost and Break-even Analysis / Cost-Volume Profit Analysis, Uncertainties and Quality of Input Data, Break-Event Chart, Inventory Management– Raw, Work in Progress (WIP) & Finished Goods, Reorder Point, Lead Time and Safety Stock, Budgeting & Capital Investment – Revex & Capex, Limitations of Accounting - Financial Reporting, Intangibles, Human Capital & Goodwill – Recognition and Valuation, Goodwill, and Audit - Internal & External.
Each of these segments includes practical cases and quizzes aiming to strengthen your knowledge.
Follow along as we provide you with the skills to effectively evaluate, manage, and design the knowledge and functions to contribute to a firm’s future accounts direction through applying modern applied accounting strategy thought for managers.
Why wait? Don't miss this fantastic opportunity!
Course consist of total 2h 7min of content, in total.
Sentinel | 9 is now offering educational courses and specialised modules from its industry-leading graduate-level Business program. This package is usually provided via Higher Education partners, where it comes with a Degree upon completion. However, for individuals seeking valuable education and knowledge without the hassle of enrolling in university, Sentinel | 9 has redeveloped its resources into easily accessible learning content.
These resources are a perfect fit for individuals who want to sharpen their business skills, learn about new practices in business or wish to educate themselves in something new. The Sentinel | 9 material is developed with consultation from industry experts, professorial, doctoral, and postdoctoral in-house academics to ensure learning is of the highest quality.
Through this offering, users will now have access to high-quality, practical, on-demand resources across all aspects of business, including business strategy, business law, finance, marketing strategy, economics, organisation behaviour, leadership, human resources, accounting and more.