Accounting for Managers: 01. Essentials for Accounting & Commerce Reporting

Explore the essentials of financial and managerial accounting in our course, Accounting for Managers: 01. Essentials for Accounting & Commerce Reporting, tailored for business managers, this course delves into financial statements, accounting principles, and key accounting techniques, equipping you with skills for effective business decision-making

• Accounting and Reporting in Commerce 56:57

  • 1: Course Text 30:00
  • 2: Definition of Accounting Preview 02:27
  • 3: Accounting Principles 03:21
  • 4: Accounting Equation 01:28
  • 5: Accounting Cycle 02:13
  • 6: Double Entry Accounting 04:07
  • 7: Assets 01:57
  • 8: Liabilities 01:42
  • 9: Capital 03:54
  • 10: Accounting Conventions 02:07
  • 11: IFRS and GAAP 01:41
  • 12: Knowledge Quiz 02:00

Description:

Our Accounting for Managers: 01. Accounting and Commerce Reporting Essentials course is designed to introduce the fundamentals of financial and management accounting, viewed through the lens of a business manager. The focus is on the critical evaluation of accounting information contained in financial statements and the application of key cost and management accounting techniques in daily business decisions. This course adopts a managerial and analytical approach to the financial aspects of business management, covering accounting principles, the accounting equation, the accounting cycle, double-entry accounting, types of accounts, accrual accounting, IFRS, and GAAP. By the end of this course, you will have broadened your understanding and skills in accounting fundamentals. Training in this discipline can pave the way for more opportunities for career advancement and allow you to explore some of the exciting career options available in this field.

Accounting for Managers: 01. Accounting and Commerce Reporting Essentials is Part 1 of the 5-part extended Accounting for Managers series presented by Sentinel|9. It features lecture-style videos, real-world case studies, downloadable materials, and self-knowledge quizzes. Gain valuable skills to help you manage your company and grow professionally by taking this course alongside others in the series.

Learning Outcomes:

• Master Core Accounting Principles: Acquire and apply fundamental accounting principles, ensuring accurate organizational financial management.

• Evaluate Financial Statements Analytically: Critically interpret financial statements to understand and strategize based on business performance.

• Implement Management Accounting Techniques: Employ key management accounting techniques to guide business decisions and align with organizational objectives.

• Ensure Compliance with Accounting Standards: Adhere to and apply IFRS and GAAP in financial reporting to ensure legal compliance and global comparability.

• Make Informed Business Decisions: Utilize accounting insights to make strategic business decisions, manage risks, and identify growth opportunities.

• Apply Knowledge to Real-world Scenarios: Utilize case studies to apply theoretical knowledge, enhancing problem-solving and strategic planning skills.

Course Completion:

• In this course, you will be tested by completing a knowledge quiz. You need to score at least 80%+ across the test to be eligible to satisfactorily mark the course as complete.

Course Level:

• All Levels

• Accountants
• Bookkeepers
• Students
• Self Employed Individuals
• Managers
• Business Owners
• Start-up Companies
• Executives

• No prerequisites.
• No materials distributed.
• No formal assessments required

• Business Analyst
• Business Risk and Governance Consultant
• Certified Practicing Accountant
• Chartered Accountant
• Chartered Tax Adviser
• Chief Financial Officer
• Corporate Secretary
• Financial Analyst
• Financial Controller
• Financial Project Manager
• Forensic Accountant
• Wealth Management Consultant

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Reed courses certificate of completion

Digital certificate - Included