Accounting Fundamentals
About Accounting Fundamentals
Accounting
is the procedure of data entry and recording, summarising, analyzing,
and then reporting. This data relates to the financial transactions of
businesses and corporations. Operations of a business entity over an
accounting period, generally a year, are keys to preparing financial
statements.
Why is Accounting Fundamentals important?
Accounting
plays a vital role in running a business because it helps you track
income and expenditures, ensure statutory compliance, and provide
investors, management, and government with quantitative financial
information which can be used in making business decisions.
Who should take the Accounting Fundamentals Exam?
• Finance and Accounting professionals
• Business owners
• Finance and Accounting managers and senior executives
• Anyone who wants to assess their accounting-related skills
• Entrepreneurs
Accounting Fundamentals Certification Course Outline
1. Basic Accounting Principles and Framework
2. The Accounting Equation and Financial Statements
3. The Accounting Cycle and Accrual Accounting
4. Accounting Transactions and Books of Account
5. Trial Balance & Adjusting Entries
6. The Balance Sheet