Non Accounting/Non Finance Personnel
Undergraduate/Graduate Students from DIfferent background
Accounting Aspirants -
-
কল করুন নম্বরে +8801896037201
Financial Accounting For Non-Accountant & Non-Finance Professionals
কোর্স ইন্সট্রাক্টর
কোর্সটি করে যা শিখবেন
- Differences and uses of financial and managerial accounting, and auditing.
- Basic financial statement analysis.
- Ways to understand and interpret the income statement, balance sheet, and cash flow.
- Accounting for planning, budgeting and control in various types of organizations.
- Cost-volume-profit relationships.
- Basic understanding of Bangladesh tax system.
ক্লাস রুটিন
ডাউনলোড রুটিন| Modules | Takeaways | Key Exercises |
|---|---|---|
|
Module 1: Accounting In Action: Explain what is accounting, identify the users and uses of accounting, explain and meaning of GAAP and cost principles, meaning of monetary and economic entity assumption, basic accounting equation and the meaning of assets, liabilities, and owners equity, analyzing business transactions and its effects on basic accounting equation, understanding the four financial statements etc. |
• Understand why ethics is a fundamental business concept |
• Lecture |
|
Module 2: The Recording Process: What is an account, define debits and credits, identify the basic steps in accounting process, journal and its recording process, ledger and its recording process, preparation of trial balance etc. Adjusting the Accounts: Explain the time period assumption, explain accrual basis of accounting, adjusting entries, adjusting entries for prepayments and accruals, purpose of adjusted trial balances |
• Identify the basic steps in the recording process |
• Lecture |
|
Module 3: Completion of the Accounting Cycle: Preparing a work sheet, processing of closing the books, describe the content and purpose of post-closing trial balance, the required steps in accounting cycle, correcting entries, reversing entries, classified balance sheet. |
• Prepare a worksheet |
• Lecture |
|
Module 4: Inventories: Steps in determining inventory quantities, inventory cost flow methods, financial statements and tax effects of each of the inventory cost flow methods, lower of cost or market basis of accounting for inventories, effects of inventories errors on the financial statements, computation of inventory turnover. |
• Determine how to classify inventory and inventory quantities |
• Lecture |
|
Module 5: Plant Assets, Natural Resources & Intangible Assets: What are plant assets, natural resources, intangible assets, concept of depreciation, computation of periodic depreciation using different methods, capital expenditures, periodic depletion of natural resources, basis issues related to intangible assets etc. |
• Explain the concept of depreciation and how to compute it. |
• Lecture |
|
Module 6: The Statement of Cash Flows: Usefulness of the statement of cash flows, distinguish among operating, investing, and financing activities, preparation of statement of cash flow using the indirect method and direct method, analyzing the statement of cash flows etc. |
• Indicate the usefulness of the statement of cash flows. |
• Lecture |
|
Module 7: Cost-volume-profit analysis: Contribution margin ratio; assumptions of CVP analysis; application of CVP concepts; break-even analysis; target profit analysis; the margin of safety; operating leverage; Mathematical problems relating to CVP concept. |
• To learn contribution margin ratio and assumptions of CVP analysis, break-even analysis; target profit analysis; the margin of safety; operating leverage, To learn about Standard Costing |
• Lecture |
|
Module 8: Bangladesh Tax system: |
• The concept and characteristics of income tax |
• Lecture |