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Accounting Skills For Managers

Finance & Accounting


Description

Welcome to Accounting Skills for Managers. You are about to learn one of the most important skills that you need to help you manage your business successfully.

As a business owner or manager, you need to understand the basics of finance and accounting. Even though you will not be directly involved in day to day accounting and record keeping, this information will help you understand your business better and help achieve the financial goals you have set for it. You will know where the money is coming from, and where it is going, which will help you make more efficient decisions. It will also reduce your dependency on others to make sense of the crucial financial information that you always need to keep a track of. Finally, you will become more confident while dealing with your accounting personnel and reduce the chances of any wastage of money, lacunae in processes, or accounting fraud within your business.

The objective of this course is to teach you how to speak the language of accounting. It will not train you to become an accountant, but it will provide you with enough knowledge in understanding how accounting is done within a business. This will complement your core business skills and other talents.

Content
  • Agenda
  • Starting with the Basics (I)
  • Learning Objectives (II)
  • Learning Objectives (I)
  • Learning Objectives (III)
  • Starting with the Basics (III)
  • Starting with the Basics (II)
  • Starting with the Basics (IV)
  • Getting to Know the Players (II)
  • Generally Accepted Accounting Principles (GAAP)
  • Getting to Know the Players (I)
  • Governing Organizations (I)
  • Underlying Principles (II)
  • Governing Organizations (III)
  • Overview of the Accounting Cycle (I)
  • Governing Organizations (II)
  • Underlying Principles (I)
  • Case Study: Happy Haircuts (II)
  • Overview of the Accounting Cycle (II)
  • Case Study: Happy Haircuts (I)
  • The Income Statement (I)
  • The Income Statement (II)
  • Debrief
  • Sample Income Statement
  • The Balance Sheet (I)
  • The Balance Sheet (II)
  • The Balance Sheet (III)
  • The Balance Sheet (V)
  • The Balance Sheet (IV)
  • The Cash Flow Statement (II)
  • Sample Balance Sheet
  • The Cash Flow Statement (I)
  • Statement of Retained Earnings
  • Slide35
  • Understanding the Chart of Accounts (I)
  • Understanding the Chart of Accounts (III)
  • Understanding the Chart of Accounts (IV)
  • Understanding the Chart of Accounts (II)
  • Single vs. Double Entry Accounting (I)
  • Single vs. Double Entry Accounting (II)
  • Single vs. Double Entry Accounting (III)
  • Self-Test
  • Match Up!
  • Debrief
  • Agenda: Day Two
  • Understanding Debits and Credits (II)
  • Debrief
  • Understanding Debits and Credits (I)
  • Identifying the Relevant Data (II)
  • Working with Debits anf Credits
  • Identifying the Relevant Data (I)
  • Analyzing the Data (IV)
  • Analyzing the Data (I)
  • Analyzing the Data (II)
  • Analyzing the Data (V)
  • Analyzing the Data (III)
  • Reading Annual Reports (I)
  • Reading Annual Reports (II)
  • Case Study (I)
  • Case Study (III)
  • Using Charts and Graphs (II)
  • Case Study (II)
  • Using Charts and Graphs (Iii)
  • Using Charts and Graphs (I)
  • Using Ratios for Decision Making (I)
  • Using Ratios for Decision Making (II)
  • Using Ratios for Decision Making (III)
  • General Guidelines (II)
  • Defining a Budget (I)
  • General Guidelines (I)
  • Defining a Budget (II)
  • The Budgeting Process
  • Case Study
  • Computer Survival Skills (I)
  • Computer Survival Skills (III)
  • Debrief
  • Computer Survival Skills (II)
  • Computer Survival Skills (IV)
  • Computer Survival Skills (V)
  • Computer Survival Skills (VI)
  • Computer Survival Skills (VIII)
  • Things to Consider (I)
  • Computer Survival Skills (VII)
  • Things to Consider (III)
  • Things to Consider (II)
  • Case Study
Completion rules
  • All units must be completed
  • Leads to a certification with a duration: Forever