Introduction to Business Accounting

Introduction to Business Accounting

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Description

The Introduction to Business Accounting is a fundamental course for new entrepreneurs and business owners to understand the accounting basics and financial statements. The course covers the four basic financial statements, Income Statement, Balance Sheet, Statement of Retained Earnings, and Statement of Cash Flows. These four elements are a key to evaluate any company’s growth and financial standings. In addition, this course provides the candidates with the basic tools to project profitability and break down the costs to help analyze any company’s actual worth.

Understanding the basics of accounting is essential for the prospective business owners. The Introduction to Business Accounting course helps the candidates to achieve the basic knowledge and understanding of fundamental accounting principles. The course is designed for beginner-level candidates with little to no knowledge of accounting.

What You Will Learn!

  • Learn about the professional bookkeeper’s career responsibilities
  • Define role of accounting in a business
  • Understand the accounting equation
  • Analyze transactions
  • Post accounting entries
  • Adjust accounting entries
  • Prepare vertical analysis
  • Prepare a worksheet
  • Completely understand the accounting cycle

Who Should Attend!

  • Fresh graduates looking forward to start their own business
  • Accountants and financial analysts
  • Bookkeepers
  • Tax consultants
  • Financial auditors
  • Business decision makers