Accounting from Basics

Description

Welcome to " Accounting from Basics ," an in-depth course meticulously crafted to take learners on a transformative journey through accounting, covering fundamental principles to advanced concepts, empowering you with a holistic understanding of financial management within organizations.

This course is concerned about equipping you with accounting on managerial perspective. All major topics will be covered in this course briefly.

In this course ( Accounting from Basics) intents to give basics , idea and covers all aspects on accounting i.e., financial accounting, cost accounting, and management accounting in a brief way.

This course not only gives knowledge of about what exactly is accounting from scratch , but also equips you with different streams of accounting i.e., Financial Accounting , Cost Accounting , and Management Accounting with not just giving idea but going through each streams in details.

To make financials decisions effectively and ensuring good financial health of organisation along with cost effective operations and maximising  profitability , knowledge of accounting is necessary.

This course not make you expert in doing accounting but is rather focused on use of it on managerial perspective, knowledge sharing in this course is to that extent.

This course is designed in a manner that :-

• Starts from very introduction of what Accounting is ?

• Equipping you with accounting terminologies which is must for every accounting learners

• Its concepts and principles and rules etc.

• Streams of Accounting  i.e., Financial Accounting , Cost Accounting , and Management Accounting

• Be it  Financial Accounting :

  1. What exactly it is

  2. Going through in detail its concepts , conventions, methods , rules

  3. Double entry book -keeping system

  4. Types of Accounts

  5. Process of Accounting right from the start of Journalizing then ending to Balance sheet and adjustments explaining each segment of this process in detail.

• Be it  Cost Accounting :

  1. What exactly it is

  2. Cost center

  3. Types and elements of costs

  4. Cost sheets

  5. Valuation of material , labour and overheads costs

• Be it Management Accounting :

  1. What exactly it is

  2. Techniques of Management Accounting be it be Marginal costing , Budgetary Control, Standard Costing or Inventory control .

• Financial Statements and Reporting: Dive into financial statements - balance sheets, income statements, and cash flow statements. Learn to interpret and analyze these reports for decision-making.

TAKE THIS COURSE