Accounting and Finance Process Basics - A beginners guide
Birds eye view of the world of Accounting and Finance processes. A short course for sure shot results.
Ratings 4.64 / 5.00
What You Will Learn!
- Learn Basics of Accounting concepts, Bookkeeping, Errors in Trial balance etc.
- High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, BRS
- Familiarity with Financial statements elements and a basic understanding of the flow and presentation - Income statement, Balance Sheet and Cash flow statement
- Awareness of all the basic accounting journal entries - Simplified into a downloadable resource for offline reading
Description
Updated in Oct 23
Practice tests to test your knowledge 300 Q&A added for O2C and P2P processes.
This course will provide a holistic view of the Accounting and Finance processes for a fresher or beginner level.
Overview of end-to-end processes in Finance
This course will equip you with the first level information on Accounting and Finance processes.
This course covers:
Basics of Accounting and Bookkeeping, Accounting concepts, 3 golden rules of Accounting, Debit and Credit, Cash basis and accrual basis etc.
Trial Balance and Errors in Trial balance etc.
Financial statements elements and a basic understanding of the flow and presentation of Income statement, Balance Sheet and Cash flow statement.
Introduction to Key concepts like Capex/Opex, Accruals/Prepaid, Provision/Reserves, working capital, Broad categories of ratios, Chart of Accounts etc.
Management's assertions of financial statements
High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, Bank Reconciliation statement. This will give the student an end-to-end perspective of most of the finance processes which a beginner might start working and all these information and learnings will be relatable in a real work environment.
Basic accounting journal entries - Simplified into a downloadable resource for offline reading
Summary of all the key points of this course into a downloadable resource for offline reading
Who Should Attend!
- Accounting and Finance entry level executives
- Accounting and Finance students
- Beginner who wants to pursue a career in Accounting or Finance
- Job seeker who wants to prepare for entry level finance or Accounts jobs
- Students from Non-Finance background
