Accounting Skills for New Supervisors
Churchill Square Training and Development
Summary
- Certificate of completion - Free
- Tutor is available to students
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Overview
Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you’re going to succeed in today’s business world, particularly as a supervisor. Even better, financial terms are not as scary as they seem! This eLearning course will give you a whole raft of new skills needed.
This online elearning course can be undertaken in 2-6 hours.
FREE Self Study Guide in PDF format to accompany the course and enable you to refer back to the content in the future.
Certificates
Certificate of completion
Digital certificate - Included
Course media
Resources
- Accounting Skills Flyer - download
Description
What Students Learn
- Describe the art of finance and key financial terms
- Determine your role in company finances
- Find the rules and regulations for your area and industry
- Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
- Explain how a chart of accounts is created
- Tell the difference between cash and accrual accounting
- Explain single-entry and double-entry bookkeeping
- Differentiate between debits and credits
- Identify and analyze important financial data and make financial decisions
- Read annual reports
- Determine whether a company is financially high or low risk
- Recognize different types of organizational financial plans
- Explain what budgets are and how to prepare them
- Recognize what computer skills you need to make you a financial whiz
- Deal with financial situations that impact the people that work for yo
What Topics are Covered?
Getting the facts straight
The accounting cycle
The key reports
Keeping score
A review of financial terms
Understanding debits and credits
Your financial analysis toolbox
Identifying high and low risk companies
The basics of budgeting
Working smarter
People and numbers
Who is this course for?
New supervisors or individuals wanting an overview of accounting
Requirements
No knowledge needed of accounting principles
Career path
Great for personal development and to know more about accounting.
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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.