Accounting and Financial Systems

  • All professionals

Prerequisite
Please contact us for more details.

Expected Duration
1 day

Description

A basic understanding of accounting is necessary for success in many positions. In this course, you’ll receive a broad overview of the concepts central to GAAP accounting. You’ll learn about the difference between cash basis and accrual basis accounting and how to read the most common types of financial statements. Finally, you’ll learn the importance of financial ratios and how to apply them.

Virtual short courses do not include materials or headsets.

Objective

1. Introduction

  • Accounting
  • Financial Accounting
  • The Importance of Understanding Accounting Basics

2. Assumptions, Principles, and Constraints

  • Generally Accepted Accounting Principles (GAAP)
  • Publically Traded vs. Privately Held Companies
  • Cash Basis vs. Accrual Basis Accounting
  • Importance of Consistency
  • Four Accounting Assumptions
  • Four Accounting Principles
  • Four Accounting Constraints

3. Financial Statements

  • Basic Financial Statements
  • Role of Financial Statements
  • Balance Sheets
  • Income Statements
  • Statements of Cash Flow

4. Financial Ratios

  • Importance of Financial Ratios
  • Liquidity Ratios
  • Capitalization Ratios
  • Operational Ratios
  • Profitability Ratios

SUBSCRIPTION COST


$200.00

Select Course Options

 

NEED HELP OR NOT SURE?