This course introduces students to the fundamental concepts, principles, and techniques of accounting within the context of business operations. It explores the role of accounting in capturing, recording, and communicating financial information critical to the decision-making process in organizations. Learn how to use accounting information for making strategic business decisions, including investment analysis, budgeting, and performance evaluation. Gain a solid foundation in accounting principles and concepts, and the Generally Accepted Accounting Principles (GAAP). Understand the principles of revenue recognition, including recognizing revenue at the appropriate time and matching expenses to revenue. Familiarize yourself with popular accounting software applications used in businesses for financial record-keeping and reporting. Apply accounting principles to real-world scenarios through case studies, financial analysis, and problem-solving exercises.
What you Will Learn:
. Financial Statement Preparation
. Recording Transactions
. Analysis of Financial Statements
. Revenue Recognition:
. Managerial Accounting and Budgeting.
. Use of Accounting Software: .
. Business Management
. Financial Decision Making.