
Explore the fundamentals of advanced financial accounting, including joint stock companies, debentures, bonus issues, and final accounts, with practical numerical examples and ratio analysis.
Explore how final accounts are prepared for sole proprietorship, partnership, and joint stock companies, detailing trading and manufacturing accounts, cost of goods sold, gross and net profits, and stock.
Examine how to classify items into the profit and loss appropriation account and prepare the debit and credit sides, including dividends, taxation, and equalization funds.
Practice numerical problems on profit and loss and P&L appropriation, including constructing the trading and profit and loss accounts, calculating gross and net profit, and detailing reserves, taxation, and dividends.
Learn to prepare a trading account, transfer gross profit to the profit and loss account, and post net profit and appropriations to the balance sheet.
Learn how trading account flows into the balance sheet through final accounts, detailing capital, reserves, profits and loss, loans, current liabilities, and fixed assets with depreciation.
Ratios Analysis
Interest of stakeholders in Ratios Analysis
Current Ratio, Quick Ratio and Absolute Quick Ratio
Bills Receivable Turnover Ratio and Creditors Turnover Ratio
Ratio Analysis
Ratio Analysis
Ratio Analysis
Explore how the expense ratio links operating expenses to sales, distinguish fixed and variable costs, and analyze solvency through the debt equity ratio and equity ratio.
Analyzes proprietor's ratio and financing mix to show proprietor versus outside funds, and notes potential to improve current asset utilization and pricing policy to boost profitability.
Current Ratio Example
Quick Ratio Example
Absolute Liquid Ratio Example
Current, Quick and Absolute Liquid Ratio Example
Inventory Turnover and Debtors Turnover Ratio
Payable Turnover Ratio
Working Capital Turnover Ratio
8th_Gross Profit Ratio
9th_Oprating and Net Profit Ratio
Debt-Equity Ratio
Proprietary Ratio
5 Ratios are Calculated in one Question
Numerical Solution: 5 Ratios are Calculated in one Question
Numerical Solution: 5 Ratios are Calculated in one Question, Proprietary Ratio
Departmental Account_1
Difference Between Departmental and Branch Accounts_2
Numerical Question_Departmental Accounts_3
Departmental Trading Account_4
Departmental Profit and Loss Account_5
Departmental Balance Sheet_6
Departmental Accounts in Detial_7
Departmental Account_Balance Sheet_8
Branch Account
Branch Account_Example_2
In this course, you will learn each and everything that is related to manage a company account such as, Shareholders, debentures, company final accounts, Ratios analysis, Departmental accounts, Branch accounts, and many more. There are different types of ratios, such as current account ratio, liquid ratio, absolute liquid ratio, gross profit ratio, net profit ratio, expense ratio, operating profit ratio, operating ratio, working capital ratio, debt-equity ratio, and solvency ratios.
Businesses often employ strategies to increase their share of the market. In this lesson, we will become more familiar with advanced financial accounting concepts such as consolidation, partnerships, and foreign currency transactions.
Companies must make strategic decisions that foster growth and longevity for the business. Strategic alliances like consolidations and partnerships may increase customers and operating capabilities. A company's involvement in foreign currency transactions set the stage for international growth. It is important to understand how each of these strategies affects financial reporting for the business.
Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product.
The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity. As such, the balance sheet is divided into two sides (or sections). The left side of the balance sheet outlines all of a company’s assets Types of Assets Common types of assets include current, non-current, physical, intangible, operating, and non-operating.