Booking options
£15
£15
On-Demand course
4 hours
All levels
Explore the fundamental concepts and principles of accounting with our Accounting Concepts and Standards course. Learn about double-entry bookkeeping, balance sheets, income statements, financial statements, cash flow statements, profit and loss statements, financial budgeting, planning, and auditing. Discover the opportunities in this industry and take your first step towards a successful accounting career.
Learning outcomes:
Understand the role of an accountant and the importance of accounting concepts and standards
Learn the principles of double-entry bookkeeping and how to create balance sheets, income statements, and cash flow statements
Gain knowledge of financial budgeting, planning, and auditing
Analyse profit and loss statements and understand their significance in decision-making
Develop a deep understanding of financial statements and how to interpret them
Become proficient in using accounting software and tools
Apply the skills and knowledge gained to real-world scenarios.
The Accounting Concepts and Standards course is designed to provide you with a comprehensive understanding of accounting principles and their application in the financial industry. With this course, you will gain the knowledge and skills necessary to interpret financial statements, perform financial budgeting and planning, and analyse profit and loss. You will learn the principles of double-entry bookkeeping and develop the ability to interpret balance sheets and income statements.
This course is structured around 11 modules, each focusing on a specific topic related to accounting concepts and standards. You will gain an understanding of the role of an accountant, accounting concepts and standards, and financial statements. You will develop skills in cash flow statements and understanding profit and loss statements. Additionally, you will learn financial budgeting and planning principles and auditing standards.
Here is the curriculum breakdown of this course:
Module 01: Introduction to Accounting
Module 02: The Role of an Accountant
Module 03: Accounting Concepts and Standards
Module 04: Double-Entry Bookkeeping
Module 05: Balance Sheet
Module 06: Income statement
Module 07: Financial statements
Module 08: Cash Flow Statements
Module 09: Understanding Profit and Loss Statement
Module 10: Financial Budgeting and Planning
Module 11: Auditing
By the end of the course, you will have a solid foundation in accounting and the ability to apply this knowledge to various financial situations. With this course, you can advance your career in finance, accounting, or auditing.
Join the Accounting Concepts and Standards course today to enhance your understanding of the financial industry.
Certification
Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations.
10 CPD hours / points Accredited by CPD Quality Standards
This course is ideal for the following:
Anyone interested in a career in accounting
Accounting professionals looking to refresh their knowledge
Business owners and entrepreneurs seeking to understand accounting principles
Students pursuing a degree in accounting or finance
Anyone looking to improve their financial literacy and gain a deeper understanding of accounting.
Our course will prepare you for a range of careers, including:
Accounts Assistant: £18,000 - £23,000
Bookkeeper: £20,000 - £28,000
Financial accountant: £30,000 - £45,000
Management accountant: £35,000 - £55,000
Financial controller: £50,000 - £75,000
Chief financial officer: £100,000 - £200,000+
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