Accounting and Its Use in Business Decisions
ID: 559 | Video: None | Audio: None | Animation: None
Equivalent to FETAC: Level 5 | Equivalent to QCF (UK): Level 3
Learn about accounting and its use in business decisions.
This is the first in a series of accounting courses that cover a wide range of topics. These will greatly increase your knowledge and understanding of the theory of accounting and accounting practices. In this first free online accounting course you will be introduced to accounting and its use in making business decisions. You will learn how to identify and describe the three basic forms of business organizations, and also distinguish among the three types of activities performed by business organizations. The course then describes the content and purposes of the income statement, statement of retained earnings, balance sheet, and statement of cash flows. You will learn about the basic accounting equation and describe its relationship to the balance sheet. The course then shows you how to prepare an income statement, a statement of retained earnings, and a balance sheet, and also how to analyse and use the financial results—the equity ratio. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to get a thorough introduction to accounting principles, and to any learner who is interested in accounting as a future career.
Modules in Accounting and Its Use in Business Decisions
Learning Outcomes: - Identify and describe the three basic forms of business organizations. - Distinguish among the three types of activities performed by business organizations. - Describe the content and purposes of the income statement, statement of retained earnings, balance sheet, and statement of cash flows. - State the basic accounting equation and describe its relationship to the balance sheet. - Using the underlying assumptions or concepts, analyze business transactions and determine their effects on items in the financial statements. - Prepare an income statement, a statement of retained earnings, and a balance sheet. - Analyze and use the financial results—the equity ratio.
Shiv Shankar - India
2013-05-02 07:05:56
Course Module: Module 1: Accounting and Its Use in Business DecisionsCourse Topic: Appendix A: Corporate verses Sole Proprietorship or Partnership AccountingComment: in a business one owner are proprietorship firm
Shiv Shankar - India
2013-05-02 07:05:38
Course Module: Module 1: Accounting and Its Use in Business DecisionsCourse Topic: SummaryComment: accounting are helpful in business
Shiv Shankar - India
2013-05-02 07:05:43
Course Module: Module 1: Accounting and Its Use in Business DecisionsCourse Topic: Dividends and Equity RatiosComment: first charge are dividends after payment eguity
Shiv Shankar - India
2013-05-02 07:05:40
Course Module: Module 1: Accounting and Its Use in Business DecisionsCourse Topic: How Transactions affect Income Statements and Balance SheetsComment: accounting are helpful of prepation the balance sheet
Shiv Shankar - India
2013-05-02 07:05:56
Course Module: Module 1: Accounting and Its Use in Business DecisionsCourse Topic: The Financial Accounting ProcessComment: process of accounting step by step