Description: One of the great advantages of a corporate form of organization is it allows otherwise unaffiliated people to join in mutual ownership of a business. Therefore, everyone involved needs an understanding of the financial essentials and how they influence the company's overall financial management. Strengthening your own financial acumen with a knowledge of accounting basics is the first step.
In this course, you'll learn about the key characteristics of finance within incorporated organizations. You'll explore how common financial transactions affect the corporations' financial position. You'll also learn concepts and accounting processes for corporate transactions, including those involving common and preferred stocks, treasury stocks, and dividends.
Target Audience: Anyone either serving in an accounting role, or who just wants to have a working understanding of the accounting and bookkeeping functions
Duration: 00:20
Description: Developing your financial acumen is a must in today's economy, and improving your knowledge of accounting basics and financial management is a good first step.
In this course, you'll explore the financial essentials that will enable you to understand key steps in the management of finance within the accounting cycle. You'll learn how, once you’ve worked your way through recording transactions and posting to ledgers, you’re ready to start preparing financial statements. You'll learn about Income Statements, Balance Sheets, Cash Flow Statements, and how they're interrelated. You'll also learn about the steps involved in closing accounts.
Target Audience: Anyone either serving in an accounting role, or who just wants to have a working understanding of the accounting and bookkeeping functions
Duration: 00:27
Description: If your organizational role is related to accounting or finance, you’ll most likely need solid financial acumen and a strong grasp of the accounting basics of recording, posting, and balancing your organization’s books.
In this course, you’ll learn financial essentials related to bookkeeping, such as the steps in the accounting cycle that happen after transactions have been identified and analyzed. You'll learn how to carry out vital financial management activities, including how to make general and special journal entries, and how to post those transactions to accounts in the general and subsidiary ledgers. You'll also learn how to prepare trial balances and make adjusting entries.
Target Audience: Anyone either serving in an accounting role, or who just wants to have a working understanding of the accounting and bookkeeping functions
Duration: 00:26
Description: How do organizations communicate vital business and finance information? Achieving the utmost clarity in communication requires knowledge of financial management and a strong understanding of accounting basics. Accounting an internal function that involves identifying, recording, summarizing, and reporting business transactions and financial events in an organization.
In this course, you’ll learn the core concepts and financial essentials of accounting, such as the accounting equation and its components, as well as the rule of debits and credits. You'll also develop your financial acumen by exploring the accounting cycle, and the effect of cash and accrual-based accounting systems.
Target Audience: Anyone either serving in an accounting role, or who just wants to have a working understanding of the accounting and bookkeeping functions
Duration: 00:24