Accounting for Business: Advance

Funding & Finance

Accounting for Business: Advance

Course Number: WCCF-FF1001

Duration: One day

Price: $399.00

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Description:

This course builds on the fundamentals taught in Financial Management: Basics. In the Advanced course, students learn how to reconcile a bank statement, choose a reconciliation reviewer, control an organization's cash, and prepare a Cash Flow Statement. Course activities also cover the various tools available for analyzing financial statements. Students will also learn how to calculate inventory value and depreciation, and why organizations use accounting methods when reporting financial information on financial statements. The manual is designed for quick scanning in the classroom and filled with interactive exercises that help ensure student success.

Course Core Competencies:

Cash management

Topic A: Fundamentals of cash

Topic B: Bank reconciliation

Topic C: Maintaining control of cash

Analysis of financial statements

Topic A: Importance of analyzing statements

Topic B: Ratio analysis of a Balance Sheet

Analysis of Income Statements

Topic A: Profitability from Income Statements

Topic B: Comparative and percentage analyses

Inventory and depreciation

Topic A: Basics of inventory and depreciation

Topic B: Inventory costing methods

Topic C: Depreciation methods

Application of accounting methods

Topic A: Calculate inventory

Topic B: Calculate depreciation

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