![]() I wrote an explanation of each concept along with easy to follow examples. Here are the basic topics of financial accounting. Essentially, the basics section will give you an understanding of the general accounting terms that are the building blocks of your accounting knowledge. This course deals with accounting for managerial decision making and addresses three areas. I walk you through the basics of accounts, journals, and ledgers as well as the financial statement elements. This section of my accounting course explains the fundamentals of accounting like identifying business activities, recording transactions, and understanding the double entry accounting system. I see it only fitting that we start our accounting training at the beginning with the purpose of financial accounting. Once you understand the basics of accounting, you will be able to grasp just about any business or accounting concept. Accounting, at its heart, is actually a set of very simple concepts and principles. Introduction to Sage Accounts,introduction to Sage Payroll or a short introduction to Bookkeeping.The field of accounting is often thought of as a set of complex business rules and endless numbers. Depending on your goals and resources, you can earn your associate degree, bachelors degree, or masters degree. When I've finished, what course can I do next? There are three main types of online accounting degrees. Students can bring a calculator if they wish. Are there any other costs? Is there anything I need to bring? Are you a stickler for the rules Someone who always finished and handed in his homework on time. Our industry-focussed programme delivers an accounting and finance degree that prepares you for a professional, managerial or business career. Students will be given exercises to complete outside of class time. Studying Accounting in Malaysia involves the process of keeping track of financial accounts, ensuring the flow of money and handling all money matters. How will I be taught, and will there be any work outside the class? Students should also be able to read and understand written instructions. This course is for beginners to accounting, although students should be able understand basic mathmatical calculations - add, subtract, multiply and divide. The Bachelor of Business course with Accounting major provides students with a broad understanding of the accounting theory and practices at AQF Level 7. What level is the course and do I need any particular skills? Be able to use the 3 methods of calculating depreciation Understand balance sheets, distinguishing assets from liabilities Understand standard accounting concepts What will I achieve?īy the end of this course you should be able to. The Income Statement or Profit and Loss Account. Calculating Depreciation using Straight Line Method, Reducing Balance Method Accounting Principles/Concepts underlying the preparation of accounts. The Nature and Objectives of Accounting Information. Learn about accounting topics such as balance sheets, profit and loss statements, accounting technology and accounting principles. ![]()
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