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Volume I: Accounting

Fundamentals of Finance

Home > e-Learning Library > Volume I: Accounting
IC & Managers
600 Mins

Overview

Learning accounting is like learning a new language. If you take the grammar route to learning a new language, you know how boring it could get. Instead, if you learn a language by conversing in that language, wouldn’t that be great fun? The same principle applies to learning accounting as well. If you learn accounting in the context of business operations, you would master the concepts of accounting in much lesser time and have fun while you’re at it.

Topics

This module will cover the following topics:

  1. The Significance of Money
  2. Classifying Resources
  3. Raising Finance
  4. The Concept of Liability
  5. The Concept of Assets
  6. Indirect Financing
  7. The Financing Strategy
  8. The Legal Structure of Business
  9. The Financial Year
  10. The Traditional Accounting Process
  11. The Concept of Income
  12. The Concept of Expenses
  13. The Concept of Depreciation
  14. The Concept of Deferred Taxes
  15. The Concept of Inflows and Outflows
  16. Classifying Financial Information
  17. Assets and Liabilities
  18. Financial Statements
  19. The Profit and Loss Account
  20. The Cash Flow Statement
  21. The Balance Sheet
  22. Constructing Financial Statements

Objectives

This volume will help you learn more about the six key accounting concepts—Income, Expense, Asset, Liability, Inflow And Outflow.   

At the end of this course, your employees will be able to:

  1. Classify financial information into six accounting categories—Income, Expense, Asset, Liability, Inflow and Outflow
  2. Interpret the three types of financial statements—Balance Sheet, Profit and Loss Account, and Cash Flow Statement
  3. Explain the interconnectedness of the three types of financial statements
  4. Prepare the three types of financial statements

Interested in this module?

You can avail of this module with the Finance bouquet. It can be purchased as part of an Individual or Enterprise plan. Sign up for a demo now!

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