‘Cash and Working Capital’ has been created by Accounting Intuition and accredited by the Chartered Institute of Management Accountants (CIMA). The best way to learn is through genuine understanding and experience, which is why this course uses a set of ground-breaking visualisation models that explain accounting transactions and balances using the analogy of water pipes and tanks. This simple but effective method lets you develop an intuitive understanding of how to manage cash flow and the accounting operating cycle. The models are used by leading universities to help their students understand financial concepts, and are built into this free online course.
By the end, you will understand cash flow, working capital, current assets and liabilities. You will also learn how profit and loss, assets and liabilities, and cash flow are all linked. This course follows directly on from Basic Accounting (https://alison.com/course/basic-accounting), which introduces all the building blocks of accounting, such as assets, liabilities, equity, debits and credits, financial statements and the fundamental accounting equation.
Even if you are familiar with some of these concepts, you will find it helpful to take that course as a precursor to this one to develop an intuitive understanding using our business simulation models. Whether you are completely new to finance, have never quite felt comfortable with how accounting works or simply want an engaging refresher, take this course to develop an intuitive understanding of basic accounting concepts.
What You Will Learn In This Free Course
- Illustrate an intuitive understandi...
- Explain current assets, current lia...
- Analyze liquidity using the current...
- Calculate cash flow by exploring th...
- Illustrate an intuitive understanding of how accounting works using business simulation models
- Explain current assets, current liabilities and working capital
- Analyze liquidity using the current ratio
- Calculate cash flow by exploring the operating cycle
- Describe how profit, cashflow and the balance sheet are all connected
- Explain how the differences between profit and cash flow contributed to corporate scandals and the financial crisis
View All Learning Outcomes View Less All Alison courses are free to enrol study and complete. To successfully complete this certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this certificate course, you have the option to acquire an official certificate, which is a great way to share your achievement with the world.
Your Alison certificate is:
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Alison offers 3 types of certificates for completed certificate courses:
- Digital certificate: a downloadable certificate in PDF format immediately available to you when you complete your purchase.
- certificate: a physical version of your officially branded and security-marked certificate
All certificates are available to purchase through the Alison Shop. For more information on purchasing Alison certificate, please visit our FAQs. If you decide not to purchase your Alison certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Account Settings.