Fundamentals of Accounting
About this course
This microcredential is designed to give you a strong foundation in accounting. Whether you want a career in accounting, improve your business skills, or better understand financial processes, this microcredential will help you gain the essential skills and knowledge you need.
We emphasise the importance of applying accounting concepts and principles objectively and accurately. Interactive exercises, practical examples, and assessments are integrated throughout the course to reinforce learning and ensure a practical understanding of accounting principles.
What will you learn?
You will start with an overview of accounting. Here, you will learn about its purpose, importance, and key terms. You'll get a solid foundation in the fundamentals of accounting and learn key concepts such as financial statements, bookkeeping, and basic financial analysis. You'll also cover essential topics like debits and credits, the accounting cycle, and the principles of double-entry accounting.
Module 1: Overview of Accounting
Module 2: Understanding the Double-Entry Bookkeeping System
Module 3: Account Concepts and Principles
Module 4: Recording Financial Transactions
Module 5: Ensuring Accuracy and Reliability in Accounting
Module 6: Components of Financial Statements
Module 7: Preparing the Balance Sheet
Module 8: Preparing the Profit and Loss
Module 9: Preparing the Cash Flow Statement
Module 10: Integrating and Analysing Financial Statements
Who is this for?
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