The Complete Accounting Principles Master Class
What you'll learn
- Accounting principles
- Creative Accounting
- Forensic Accounting
- Corporate Social Responsibility
- Accounting basic knowledge is required
What are the Accounting Principles?
Accounting principles are the rules and guidelines that companies and other agencies must abide by when reposting their financial data and results. These principles and rules make it a bit easier to standardize financial data by setting the standards and rules that Accountants must use.
The main purpose of Accounting principles is to establish the framework for how financial Accounting is recorded and reported on financial statements to be reliable for decision makers.
It’s important to have a basic understanding of these main Accounting principles as you learn Accounting.
Generally accepted Accounting principles are important because they set the rules for financial reporting and bookkeeping as well. These rules or guides are often called the GAAPs framework and they maintain consistency in financial reporting from company to company across all industries.
And here are some of the topics that you will learn along the course:
The Accrual principle
The Conservatism principle
The Consistency principle
The historic cost principle
The full disclosure principle
The going concern principle
The matching principle
The monetary unit principle
The reliability principle
The revenue recognition principle
The time period principle
Corporate Social Responsibility CSR
Forensic Accounting Knowledge
The Sarbanes Oxley Act of 2002
Consequences of violation of The Accounting principles – Enron scandal case
Consequences of violation of The Accounting principles – WorldCom case
Who this course is for:
- Accounting students
- Finance Officers
- Finance students
- Auditing students
- Internal Control Officers
- Accounting Aspirants
- Any one who needs to get knowledge about Accounting
Sam is a Financial & Business Expert with more than 20 years of practical experience in Finance, Accounting, Business, Management, Coaching, and Training. He is a chartered Certified Accountant, a Fellow member of ACCA with high professional ethics. Having worked in multiple industries and in multiple countries, Sam was able to gain loads of expertise to share with his lovely students..
Sam believes in both Academia and market experience as both complete each other and work hand in hand.
Academically speaking, Sam is qualified as he holds a Master's degree from University college London in professional Accountancy, FCCA and UAECA memberships, and Sam has achieved many diplomas in IFRS, Risk management and business valuation as well.
In terms of practical market experience, Sam is also qualified as he has more than 20 years of experience in many industries and countries as well.
Being a chartered certified Accountant, Sam is required to declare continuous practical developments (CPD) units every year; that assures you that he is always up to date with his profession. Sameh is too much passionate about teaching, coaching and mentoring students. When you do something that you are passionate about, that passion would take you far away and distance you from the crowd. Sam can't wait to start helping you achieve your goals and ace Accounting, Finance and Business.
Sam's students come from all over the world, 5 continents, 150+ countries with multiple backgrounds. Please have a look at what they say about Sam's courses:
"Thank you for an educating course, it was a great time."
"The further I get into this course, the better it gets."
"Really well-planned course and easily understood. It answered many questions that I used to have. Thank you sir."
"Good speaker and easy to understand all of the categories of course like types of mergers and acquisitions and so on."
"Because Sam is the best lecturer I ever come across of, his teachings has changed my life and the way of thinking on how to merger with another company. this course is the best. how I have more knowledge and skills. Sam thanks for being supportive and with the beautiful lecturer. God bless you."
"Excellent course. Love the enthusiasm shown by the instructor in this course. While application of knowledge gained from this course will vary from jurisdictions and professional fields, this course coupled with some competitive literature on M&A could be exactly what's needed to gain understanding and develop a sense of expertise in the subject."
"It's a wonderful course and a good fit for anyone with a basic Company Law background."
"It was a great course. Loved the case studies cited. I was able to understand the concepts easily."
"Great course simplified the concepts of Risk Management after I thought it's a very complicated topic."
"very well planned course."
"Excellent course! It’s an eye-opener about the enterprise risks and ways of treatments. Thanks a lot sir."
"Generally, the tutor made it simple, bite-size lecture made it easy to digest."
"YES IT WAS. AN EYE OPENER. REVEALING. IT SHOULD BE RECOMMENDED TO ALL MANAGERS IN ALL ORGANIZATION. THIS RISK MANAGEMENT SHOULD BE PRACTICE TO GAIN GLOBAL ACCEPTANCE INTO THE ARCHITECTURE OF ANY ORGANIZATION RATHER THAN JUST AN INTEGRAL MANAGEMENT SYSTEM.
Akhaba Raphael Omokhagbo"
"Really very easy to understand thanks sir."