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Accounting Fundamentals

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Summary

Price
£12 inc VAT
Study method
Online, On Demand What's this?
Duration
1.5 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

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Overview

Once upon a time, numbers told tales. Dive into "Accounting Fundamentals" to decode the language of finance. Uncover the secrets of budgets, investments, and beyond!

Explore the mesmerising world of accounting with our comprehensive "Accounting Fundamentals" course. Beginning with an introduction to the accounting realm, journey through roles of accountants, dive deep into financial statements and their analyses, appreciate the art of budgeting, navigate the vast financial markets, manage financial risks, and grasp the essence of investments. The voyage concludes with an intriguing insight into auditing and fraud risks.

Ready to unlock the narrative behind numbers? Enrol now!

Learning Outcome:

After completing this course, you will be able to:

  • Decode the intricate accounting system and its components.
  • Analyse and interpret financial statements effectively.
  • Strategise budgeting processes and understand their significance.
  • Navigate the complexities of financial markets and bonds.
  • Identify potential auditing challenges and fraud risks.

Certificates

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Curriculum

10
sections
10
lectures
1h 32m
total

Course media

Description

Embark on a journey that illuminates the heart of financial narratives. "Accounting Fundamentals" offers a curated exploration into the dynamic world of accounting, from its basics to the intricacies of financial statement analyses and beyond. As you delve deeper, topics like financial risk management and investment strategies beckon, culminating in the fascinating domain of auditing and fraud detection. It's not just about numbers; it's about the stories they tell.

Course Curriculum:

This course contains the following curriculum:

  • Module 01: Introduction to Accounting
  • Module 02: Who are Accountants?
  • Module 03: The Accounting System
  • Module 04: What are Financial Statements?
  • Module 05: Introduction to Financial Statement Analysis
  • Module 06: Budgeting and Its Importance
  • Module 07: Financial Markets and Bonds
  • Module 08: Dealing with Financial Risk Management
  • Module 09: Investment Management and Analysis
  • Module 10: Auditing and Risk of Frauds

Who is this course for?

  • Aspiring accountants keen on honing their foundational knowledge.
  • Business owners aiming to enhance their financial literacy.
  • Finance students looking to supplement their academic curriculum.
  • Professionals in the finance sector aiming for a refresher.
  • Entrepreneurs desiring to make informed financial decisions.

Requirements

No formal entry requirements exist for the Accounting Fundamentals course, which is open to everyone.

Career path

  • Accountant (£30,000 - £50,000)
  • Financial Analyst (£32,000 - £55,000)
  • Investment Banker (£45,000 - £100,000+)
  • Internal Auditor (£28,000 - £52,000)
  • Risk Manager (£40,000 - £80,000)

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.