Financial Accounting for Business Management
Learn the tools to handle basic financial accounting and explore effective cost management techniques with this online accounting course from Sentinel|9.
Who is the course for?
This course is designed for students and business professionals interested in financial and management accounting. It may also be useful for aspiring entrepreneurs and anyone looking for a career in business management.
What will you achieve?
By the end of the course, you‘ll be able to…
Develop a high-level understanding of the accounting process and fundamental accounting principles that underpin the development of financial statements.
Design, research and interpret the concepts and role of working capital, sources of working capital, ratios and their uses.
Explain the concept of job costing, process costing, activity-based costing, JIT inventory system, EOQ model, and the concept and application of standard costing.
Apply techniques from cost and management accounting, in deciding upon alternative courses of action using CVP analysis, capital budgeting techniques, inventory management model.
Evaluate financial performance and financial position of a business using information contained in financial statements
balance sheet, income statement, and cash flow statement.
