Exam-Ready Financial Accounting: Step-by-Step Success Course
Financial Accounting Exam Preparation
Ratings 0.00 / 5.00
What You Will Learn!
- Define accounting and explain the context of financial accounting
- Explain accounting assumptions, concepts and qualitative characteristics of financial information
- Explain the accounting cycle from source documents to books of prime entry, trial balance and financial statements
- Record transactions using double entry book-keeping
- Prepare trial balances and correct errors in trial balances
- Perform accounting reconciliations
- Prepare financial statements (for a sole trader, a partnership and a company)
- Interpret financial statements
Description
This course provides comprehensive practice questions and quizzes to help you assess your readiness for financial accounting examinations and revisit areas of your text book where you need to consolidate. It focuses on the fundamental concepts of financial accounting and equips you with the skills to prepare accurate financial statements. Additionally, learn how to analyze financial statements and utilize them to make informed decisions in a business context not by taking a series of boring lectures but by taking tests and quizzes whose feedback you can use to assess your knowledge and preparedness for your upcoming examinations if any.
Who is this course for? It caters to a diverse range of individuals, including students preparing for examinations, professionals seeking to refresh their knowledge, and non-financial managers aiming to acquire financial accounting skills. By the end of this course, you will not only be well-prepared to pass your financial accounting examinations but also capable of applying your knowledge effectively in real-world scenarios.
The course covers the following topics:
Introduction to accounting and its relevance in financial accounting
Double entry bookkeeping
The accounting cycle: from source documents to financial statements
Identification and correction of errors, along with the extraction of the trial balance
Preparation of the statement of profit or loss
Preparation of the statement of changes in equity
Preparation of the statement of financial position
Preparation of the statement of cash flows
Reconciliation procedures
Financial analysis techniques
The content is presented in a step-by-step format, featuring concise and clear questions supplemented by relevant solutions. To enhance your learning experience, you will have access to a wide array of practice problems and quizzes to assess your comprehension and reinforce your knowledge.
Whether you are a student, a business professional, or simply someone interested in gaining a solid understanding of financial accounting, this course is perfect for you. Enroll today and embark on your journey to achieve success in financial accounting!
Who Should Attend!
- Students studying financial accounting or pursuing degrees in accounting, finance, or business.
- Professionals seeking to enhance their financial accounting knowledge and skills for career advancement.
- Small business owners and entrepreneurs who want to understand and manage their company's financial statements effectively.
- Individuals considering a career transition into finance or accounting roles, who need a strong foundation in financial accounting.
- Anyone interested in personal financial management, as a solid understanding of financial accounting principles is beneficial for budgeting, investing, and making informed financial decisions.