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Accounting and Finance : Accounting | Principals And Fundamentals Of Accounting

Principals And Fundamentals Of Accounting For Startups Founders, Accounting ,


Simpliv LLC

Summary

Price
£50 inc VAT
Or £16.67/mo. for 3 months...
Study method
Online
Duration
2 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Overview

Description
All Startup founders and Business owners, executives must get basic understanding of finance and accounting to enable themselves to be able to read financial statements, analyse 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, hence other users may find it slow and sometimes repetitive. I repeated few things just to make my audience understand and absorb concepts.

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

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

Basic knowledge
Time and Desire to Learn

Description

Course Curriculum
Accounting Fundamentals
Accounting Policies

What will you learn
Fundamentals of Accounting
First Hand understanding to Financial Statements
Accounting Policies and their affect on accounting methods
Meaning & Basic understanding of All financial statements

Fundamentals of accounting practices.
Types of Accounts and Financial Statements
Accounting Entries
Relationship between Profit & Loss / Balance Sheet and Cash Flow
Key Accounting Policies
Inventory
Fixed Assets
Capital vs operating expenses.
Revenue Recognition
Expenses Accounting
Accounting Control Practices
Receivable from customers
Advance / pre payments
Accruals and Provisions
Fixed Assets
Supplier Payments
Working Capital
Analysis Steps and Methods
Please let me know if you feel any topic is missed.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.