Business Accounting & Management Diploma

Course details

Manage your business more efficiently and learn to keep track of all the transactions, profits and more through Business Accounting and Management.
Business managers are responsible for overseeing and supervising a company’s activities and employees. Small businesses rely on the business manager to keep workers aligned with the goals of the company. Business manager’s report to top executives in a larger organization, but in a small company, the manager might either own the company or report directly to the ;Business Accounting requires the skills of analysis, interpretation and adaptability in order to communicate accurate financial information and drive forward business growth. It’s a necessity for every business; without it, they wouldn’t be able to provide trustworthy financial records – which would limit their potential for successful expansion.
This course covers both business accounting and business management which is why it is such a bargain. You will be getting the benefit of two courses in one. So hurry up and enroll right away.

COURSE CURRICULUM

Accounting

• Course Overview (Accounting)
• Getting the Facts Straight
• The Accounting Cycle
• The Key Reports
• A Review of Financial Terms
• Understanding Debits and Credits
• Your Financial Analysis Toolbox
• Identifying High and Low Risk Companies
• The Basics of Budgeting
• Working Smarter

Business Accounting

• Professional Bookkeeper
• Defining a Business
• Ethics in Accounting
• Generally Accepted Accounting Principles (GAAP)
• The Accounting Equation
• Transactions
• Financial Statements
• The Accounting Equation and Transactions
• Double-Entry System
• Transactions – Journalizing
• Posting Entries
• The Trial Balance
• Finding Errors Using Horizontal Analysis
• Horizontal Trend: Balance Sheet
• Horizontal Trend: Income Sheet
• The Purpose of the Adjusting Process
• Adjusting Entries – Prepaid Expenses
• Adjusting Entries – Accrued Revenues
• Adjusting Entries – Depreciation Expense
• Adjustment Summary – Review
• Vertical Analysis
• Preparing a Worksheet
• The Income Statement
• Financial Statements – Definitions
• Temporary vs. Permanent Accounts
• Accounting Cycle Illustrated – Steps 1-5
• Accounting Cycle Illustrated – Steps 6-10
• Fiscal Year
• Spreadsheet Exercise – Steps 1-4
• Spreadsheet Exercise – Steps 5-7

Bookkeeping

• Module One – Introduction
• Module Two – Basic Terminology
• Module Three – Basic Terminology (II)
• Module Four – Accounting Methods
• Module Five – Keeping Track of Your Business
• Module Six – Understanding the Balance Sheet
• Module Seven – Other Financial Statements
• Module Eight – Payroll Accounting Terminology
• Module Nine – End of Period Procedures
• Module Ten – Financial Planning, Budgeting and Control
• Module – Eleven Auditing
• Module Twelve – Wrapping Up

Finance & Budgeting

• Financing Basics
• Record Your Income
• Make a List of Expenses First and Put Them in Categories
• Countdown & Adjust
• Review Regularly

Management

• Introduction to Management
• How to Build Trust and Confidence
• How to Build Team Spirit
• Dealing with Problem Employees
• Using Your Emotional Intelligence
• Conclusion to Management

Payroll Management

• What Is Payroll?
• Principles Of Payroll Systems
• Confidentiality And Security Of Information
• Effective Payroll Processing
• Increasing Payroll Efficiency
• Risk Management in Payroll
• Time Management
• Personnel Filing
• When Workers Leave Employment
• Hiring Employees
• Paye and Payroll for Employers
• Tell HMRC about a New Employee
• Net And Gross Pay
• Statutory Sick Pay
• Minimum Wage for Different types of Work

Updated on 17 September, 2019