What will you in Accounting – A Brief Introduction – in 60 Minutes Course
- Understand the basic principles of accounting.
- Learn how to prepare and read financial statements.
- Gain insights into the accounting cycle and its components.
- Develop skills to analyze financial data for decision-making.
- Apply accounting concepts to real-world business scenarios.
Program Overview
Module 1: Introduction to Accounting
⏳ 10 minutes
Overview of accounting and its importance in business.
Key terms and concepts in accounting.
The role of accounting in financial reporting.
Module 2: Financial Statements
⏳ 15 minutes
Understanding the balance sheet, income statement, and cash flow statement.
How to prepare and interpret each financial statement.
The relationship between the financial statements.
Module 3: The Accounting Cycle
⏳ 10 minutes
Steps involved in the accounting cycle.
Recording transactions and adjusting entries.
Preparing trial balances and closing entries.
Module 4: Analyzing Financial Data
⏳ 10 minutes
Techniques for analyzing financial statements.
Using ratios and trends for decision-making.
Common financial analysis tools and methods.
Module 5: Real-World Applications
⏳ 15 minutes
Applying accounting concepts to business scenarios.
Case studies and examples for practical understanding.
Tips for implementing accounting practices in small businesses.
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Job Outlook
Accounting is a fundamental function in all businesses, leading to a steady demand for accounting professionals.
Entry-level positions such as Bookkeeper or Accounting Clerk offer opportunities for career advancement.
With experience, professionals can move into roles like Financial Analyst, Controller, or Chief Financial Officer.
Specification: Accounting – A Brief Introduction – in 60 Minutes
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