Essentials of Accounting and Finance
What you'll learn
- Understand the different accounting functions such as financial accounting, management accounting and financial management
- Understand the elements of accounting and how these are reported in the financial statements
- Understand the structure of Income Statement and Statement of Financial Position
- Learn the basics of costing and management accounting
- Learn how cost accounting and costing is done in an organization
- Understand the objective and importance of investment analysis which is also called capital budgeting
- Learn different methods of investment appraisal such as Pay back, Discounted Payback, ROCE, IRR
- Learn how to calculate the Net Present Value (NPV) and IRR
Requirements
- There are no prerequisites to join this course.
Description
Course Overview
Accounting and Finance is an essential area of business acumen. Good understanding of accounting and finance, at least at the fundamental level, is an absolute essential for all of us regardless of which profession we belong to.
This course is designed for accounting students, business owners, entrepreneurs and owners of startups who have no prior knowledge of accounting, but they want to learn fundamentals of accounting and finance in order to effectively understand this key function of any commercial organization.
Course Structure
1. Financial Accounting
2. Management Accounting
3. Financial Management
1. Financial Accounting
Understanding the important accounting vocabulary, how accounting department operates, how the financial data is recorded, how the financial statements are prepared and finally how to understand the financial statements and interpret them is something that you will learn from this course.
Each section starts with basics and then progresses towards more detailed concepts. This course covers accounting and finance from beginning to end. I wanted to make sure you would feel knowledgeable and empowered after completing the course.
2. Management Accounting
Ultimate objective of any business is to make profits. Profits depend on costs you incur, therefore, controlling your costs is one of the primary objectives in any business activity. In order to control or reduce the costs you need to understand them. In this course, you will learn what type of costs are involved in the business and how to classify them. You will also learn some important decision-making techniques as well as planning and budgeting.
3. Financial Management
Through this programme, you will gain a more comprehensive grasp of how to evaluate investment opportunities and make decisions about capital structure and capital management to maximise organisational value. You will obtain a deeper understanding of how to assess investment possibilities and decide on capital structure and capital management to maximise organisational value.
Course Access and Updates
When you purchase this course, you get lifetime access to this course with a 30-day full refund warranty. You also will receive the updates and new content as we update the course.
About the Instructor
A qualified accounting and finance professional with over twenty years of extensive experience in diversified industry sectors such as auditing, large scale manufacturing and oil and gas.
Like most accounting and finance professionals, I started my career as finance executive and then over the years rose to the position of CFO in a multinational company in oil and gas industry.
I have also worked as a consultant with the World Bank and European Union on different projects in Middle East, Eastern Europe and CIS countries during 2011 to 2018 as a principal consultant for IFRS and Financial Management.
I am qualified professional with three professional qualifications MBA, ACCA and CIMA UK. I have been teaching IFRS, Financial Reporting, Financial Management and Performance Management for over fifteen years and my focus areas are ACCA and CIMA qualifications.
Who this course is for:
- This is a course for everyone who wants to learn financial and management accounting from basics
Instructor
- 4.5 Instructor Rating
- 1,146 Reviews
- 5,046 Students
- 7 Courses
A qualified accounting and finance professional with over twenty years of extensive experience in diversified industry sectors such as auditing, large scale manufacturing and oil and gas.
Like most accounting and finance professionals, I started my career as finance executive and then over the years rose to the position of CFO in a multinational company in oil and gas industry.
I have also worked as a consultant with the World Bank and European Union on different projects in Middle East, Eastern Europe and CIS countries during 2011 to 2018 as a principal consultant for IFRS and Financial Management.
I am qualified professional with three professional qualifications MBA, ACCA and CIMA UK. I have been teaching IFRS, Financial Reporting, Financial Management and Performance Management for over fifteen years and my focus areas are ACCA and CIMA qualifications.