Financial and Management Accounting Crash Course
What you'll learn
- Know about the qualities of financial information, dual-entry accounting, cash-basis accounting and financial statements and their assertions.
- Be able to use the different methods to recognize revenue.
- Be able to use the different methods of depreciation.
- Be able to use methods of leasing from the point of view of the lessee and the lessor.
- Know how to analyze financial information through the use of ratio analysis.
- Know the basics of management accounting, such as present and future values, net present value, the internal rate of return and the accounting rate of return.
- Know the different types of cost accounting systems and about responsibility accounting.
- Be able to use different systems for costing.
Requirements
- No prior experience or knowledge is required.
Description
We are glad to bring you the Financial and Management Accounting Crash Course.
This course is ideal for variety of people, including:
Students in accounting, finance or business courses who want an overview of financial and management accounting in a crash course format.
Business managers, financial accountants and management accountants who want a refresher on financial and management accounting.
Anyone with an interest in financial and management accounting.
The course will give you the knowledge and tools necessary in basic financial and management accounting. Learn about using and creating financial information, recognizing revenue, the methods to depreciate assets, leasing, how to analyze information through the use of ratio analysis, management accounting, cost and responsibility accounting and costing systems.
It is taught by Adrian Resag, who has worked as an accountant and has taught financial and managing accounting in university and to many companies and governmental organizations.
The course covers:
Financial Accounting and Financial Statements
Know about the qualities of financial information, dual-entry accounting, cash-basis accounting and financial statements and their assertions.
Revenue Recognition
Be able to use the different methods to recognize revenue.
Methods of Depreciation
Be able to use the different methods of depreciation.
Leasing
Be able to use methods of leasing from the point of view of the lessee and the lessor.
Ratio Analysis
Know how to analyze financial information through the use of ratio analysis.
Management Accounting
Know the basics of management accounting, such as present and future values, net present value, the internal rate of return and the accounting rate of return.
Cost Accounting and Responsibility Accounting
Know the different types of cost accounting systems and about responsibility accounting.
Costing Systems
Be able to use different systems for costing.
Who this course is for:
- Students in accounting, finance or business courses who want an overview of financial and management accounting in a crash course format.
- Business managers, financial accountants and management accountants who want a refresher on financial and management accounting.
Instructor
- 4.5 Instructor Rating
- 2,181 Reviews
- 7,956 Students
- 13 Courses
I have a great passion in the areas of internal audit, governance, risk management, IT & information systems auditing, internal control and fraud prevention. I would like to share those great interests of mine with those who wish to learn.
I am currently Head of Internal Audit, Risk Management and Internal Control to a well-known luxury brand, and previously was Head of Internal Audit in a global financial services institution and Chief Internal Auditor to the European subsidiary of a major global bank. I worked as Group Internal Auditor in the energy sector and advisor in internal audit in a 'Big-4' consulting firm.
I founded the Risk Governance Institute which provides courses, training and consulting services.
I have been teaching students and professionals in university, institutions and organizations.
I am currently working on creating a certification in Audit & Assurance and another in Compliance & Ethics with a major institution.
I hold the following qualifications and certifications:
- Qualification in Internal Audit Leadership (QIAL) from the Institute of Internal Auditors (IIA);
- Chartered Internal Auditor (CMIIA) from the Chartered Institute of Internal Auditors;
- Certified Internal Auditor (CIA) from the Institute of Internal Auditors (IIA);
- Certified Information Systems Auditor (CISA) from ISACA;
- Governance, Risk & Compliance Professional (GRCP) from OCEG;
- Governance, Risk & Compliance Auditor (GRCA) from OCEG;
- Certification in Risk Management Assurance (CRMA) from the Institute of Internal Auditors (IIA);
- Certified Financial Services Auditor (CFSA) from the Institute of Internal Auditors (IIA);
- Certification in Control Self-Assessment (CCSA) from the Institute of Internal Auditors (IIA);
- Technical Specialist of the Institute of Risk Management (SIRM);
- The Advanced Diploma in Management Accounting (Adv Dip MA) from the Chartered Institute of Management Accountants (CIMA);
- ISO 22301 (Business Continuity Management Systems) trained and experienced Lead Auditor; and
- ISO 27001 (Information Security Management Systems) highly experienced Lead Auditor.