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Accounting 102 Guide to Business Accounting

Accounting 102: Guide to Business Accounting
MP4 | Video: AVC 1280x720 | Audio: AAC 44KHz 2ch | Duration: 8.5 Hours | Lec: 27 | 709 MB
Genre: eLearning | Language: English


Accounting 102 Guide to Business Accounting

Accounting: Comprehensive, easy-to-follow course to boost your accounting knowledge. Ideal for start-ups - entrepreneurs

Important notes:

Initial price is $139, but will next increase to $199 (Jan 1st 2016)
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*UK GAAP. Students from countries that follow UK GAAP accounting principles can follow this course*

Why to learn Accountancy

To establish your own business, you need to know some basic accounting principles in order to communicate effectively with investors, suppliers and customers
To be better at negotiations
To know the best price of selling. Learn how to estimate the break-even point and at which point you can reduce the price
The aims of this course are to enable candidates to develop:

an understanding of the basic principles underlying the recording of business transactions

the ability to prepare and interpret accounts for sole traders, partnerships,non-trading organisations and limited companies

This course is suitable for candidates who are working or are preparing to work in an accounting environment maintaining financial records and preparing accounts. Also for young entrepreneurs and professionals in order to gain inside understanding for their businesses. Candidates attempting this course should have the knowledge and skills equivalent to the Level 1Book-keeping

SyllabusTopics

1. Advanced aspects of the syllabus for Level 1Book-keeping

2. Partnerships

3. Limited liability companies

4. Incomplete records

5. Manufacturing accounts

6. Stock valuation

7. Non-trading organisations

8. Control accounts

9. Suspense accounts

10. Calculation and interpretation of ratios

11. Preparation,by the use of ratios, of simple financial statements

Assessment objectives

The examination will assess the candidate's ability to:

demonstrate an understanding of the more advanced aspects of Level 1 Book-keeping

prepare accounts for a partnership in relation to its creation, the retirement of a partner, the admission of a new partner, its dissolution and its sale as a going concern

prepare final accounts for partnerships, limited companies and non-trading organisations

demonstrate how accounts are prepared for a business that has not maintained proper accounting records

prepare manufacturing accounts

demonstrate an understanding of the concept of determining stock valuation

prepare control accounts for sales and purchases

correct errors in accounts and show the use of a Suspense Account

demonstrate how to use final accounts for the purpose of the calculation and interpretation of ratios

Skills Assessed

Candidates will need to show that they can:

add,subtract,divide,multiply,calculate and use percentages and ratios

prepare journal entries and ledger accounts

present the final accounts for sole traders,partnerships, limited companies and non- trading organisations in appropriate format

analyse and interpret data



Accounting 102 Guide to Business Accounting






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Tags: accounting, business, accounting

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