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Accounting Basics – International Perspective

499.00
Course Level

Beginner

Total Hour

04h

Video Tutorials

11

499.00

Enrolment validity: 90 days

Enrolment validity: 90 days

Course content

11 Lessons04h

Introduction

Importance of Accounting
00:03:30
Basics Of Accounting
00:03:10

Balance Sheet

Inventory

Evaluation

Description

This is a part of Grazing Minds “Finance For Non-Finance Professionals” series of courses.

accounting basics

Accounting is the “language of business.”

In this Accounting Basics Course, you will learn about the basics of Accounting, Bookkeeping and Financial Analysis Concepts.

Being able to understand this language allows individuals both inside and outside of an organization to join the “conversation” about how the organization is performing and how it can improve future performance. Financial accounting focuses on the reports that managers generate to provide interested external parties a summary of the firm’s financial position and operations. Managerial accounting focuses on the information and the analytical tools and techniques that help managers and employees make the right business decisions.

This is a simple and basic crash course for the individuals who come with no Accounting background, or those who want to refresh what they have learnt in their colleges or universities. Not only that, it is also beneficial for the ones who are willing to build their career in Accounting and Finance OR would want to understand their businesses in order to improve their decision making skills in under an hour.

In this course, you’ll learn the basic fundamentals of corporate finance. Based on the pre-term qualifying courses for Global MBA students, Grazing Minds has designed this course for learners who need a refresher in financial concepts, or for those who are learning about corporate finance for the first time.

This course will guide you through the accounting process. We explore the layout of the balance sheet, income statement, and cash flow statement. We will demonstrate how to prepare financial statements from scratch. This course is an essential building block required for performing financial modeling and other types of wall street financial analysis.

You will also identify and understand the nature, purpose, and importance of different types of decision-useful accounting information, and use analytical tools and techniques to use this information to make business decisions. You will apply these fundamentals via the lens of a new business, creating a business plan, forecasts and budgets, and anticipated information needs for decisions made by you as owner and manager, your employees, and external parties such as future shareholders, creditors, and other constituents.

What to learn?

Learn to create and interpret the three basic accounting statements - the income statement, the balance sheet and the cash flow statement Understand management accounting differs from financial accounting Calculate key performance ratios and use those metrics to evaluate the performance of your business

Target Audience

  • This online accounting course is designed for anyone who wants to review the fundamentals and building blocks of the accounting process. This class will also be useful for professionals who work in finance and want to review the concepts required for financial modeling and valuation in Grazing Minds later courses.
499.00

Material Includes

  • 1 hour on-demand video
  • Article
  • Downloadable resource
  • Access on mobile and TV
  • Certificate Of Completion

Enrolment validity: 90 days

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