Accounting and Finance Process Basics - A beginners guide
Accounting and Finance Process Basics - A beginners guide
This course will provide a holistic view of the Accounting and Finance processes for a fresher or beginner level.
Overview of end-to-end processes in Finance
This course will equip you with the first level information on Accounting and Finance processes.
This course covers:
Basics of Accounting and Bookkeeping, Accounting concepts, 3 golden rules of Accounting, Debit and Credit, Cash basis and accrual basis etc.
Trial Balance and Errors in Trial balance etc.
Financial statements elements and a basic understanding of the flow and presentation of Income statement, Balance Sheet and Cash flow statement.
Introduction to Key concepts like Capex/Opex, Accruals/Prepaid, Provision/Reserves, working capital, Broad categories of ratios, Chart of Accounts etc.
Management's assertions of financial statements
High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, Bank Reconciliation statement. This will give the student an end-to-end perspective of most of the finance processes which a beginner might start working and all these information and learnings will be relatable in a real work environment.
*** Basic accounting journal entries - Simplified into a downloadable resource for offline reading
*** Summary of all the key points of this course into a downloadable resource for offline reading
Birds eye view of the world of Accounting and Finance processes. A short course for sure shot results.
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What you will learn
- Learn Basics of Accounting concepts, Bookkeeping, Errors in Trial balance etc.
- High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, BRS
- Familiarity with Financial statements elements and a basic understanding of the flow and presentation - Income statement, Balance Sheet and Cash flow statement
Rating: 4.7
Level: Beginner Level
Duration: 1 hour
Instructor: Sonu Thomas
Courses By: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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