Accounting Concepts and Standards
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Overview
Explore the fundamental concepts and principles of accounting with our Accounting Concepts and Standards course. Learn about double-entry bookkeeping, balance sheets, income statements, financial statements, cash flow statements, profit and loss statements, financial budgeting, planning, and auditing. Discover the opportunities in this industry and take your first step towards a successful accounting career.
Learning outcomes:
- Understand the role of an accountant and the importance of accounting concepts and standards
- Learn the principles of double-entry bookkeeping and how to create balance sheets, income statements, and cash flow statements
- Gain knowledge of financial budgeting, planning, and auditing
- Analyse profit and loss statements and understand their significance in decision-making
- Develop a deep understanding of financial statements and how to interpret them
- Become proficient in using accounting software and tools
- Apply the skills and knowledge gained to real-world scenarios.
CPD
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Description
The Accounting Concepts and Standards course is designed to provide you with a comprehensive understanding of accounting principles and their application in the financial industry. With this course, you will gain the knowledge and skills necessary to interpret financial statements, perform financial budgeting and planning, and analyse profit and loss. You will learn the principles of double-entry bookkeeping and develop the ability to interpret balance sheets and income statements.
This course is structured around 11 modules, each focusing on a specific topic related to accounting concepts and standards. You will gain an understanding of the role of an accountant, accounting concepts and standards, and financial statements. You will develop skills in cash flow statements and understanding profit and loss statements. Additionally, you will learn financial budgeting and planning principles and auditing standards.
Here is the curriculum breakdown of this course:
Module 01: Introduction to Accounting
Module 02: The Role of an Accountant
Module 03: Accounting Concepts and Standards
Module 04: Double-Entry Bookkeeping
Module 05: Balance Sheet
Module 06: Income statement
Module 07: Financial statements
Module 08: Cash Flow Statements
Module 09: Understanding Profit and Loss Statement
Module 10: Financial Budgeting and Planning
Module 11: Auditing
By the end of the course, you will have a solid foundation in accounting and the ability to apply this knowledge to various financial situations. With this course, you can advance your career in finance, accounting, or auditing.
Join the Accounting Concepts and Standards course today to enhance your understanding of the financial industry.
Certification
Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations.
Who is this course for?
This course is ideal for the following:
- Anyone interested in a career in accounting
- Accounting professionals looking to refresh their knowledge
- Business owners and entrepreneurs seeking to understand accounting principles
- Students pursuing a degree in accounting or finance
- Anyone looking to improve their financial literacy and gain a deeper understanding of accounting.
Career path
Our course will prepare you for a range of careers, including:
- Accounts Assistant: £18,000 - £23,000
- Bookkeeper: £20,000 - £28,000
- Financial accountant: £30,000 - £45,000
- Management accountant: £35,000 - £55,000
- Financial controller: £50,000 - £75,000
- Chief financial officer: £100,000 - £200,000+
Questions and answers
With Standards are covered in this course?
Answer:Hi Gyn, Good Afternoon. Here is the curriculum breakdown of this course: Module 01: Introduction to Accounting Module 02: The Role of an Accountant Module 03: Accounting Concepts and Standards Module 04: Double-Entry Bookkeeping Module 05: Balance Sheet Module 06: Income statement Module 07: Financial statements Module 08: Cash Flow Statements Module 09: Understanding Profit and Loss Statement Module 10: Financial Budgeting and Planning Module 11: Auditing
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.