Understand the basics of Business Accounting and Finance
Everyday businesses deal with budgets and financial reports in some form or fashion. The goal of this course bundle is to give the you a basic understanding of budgets and financial reports so you can hold relevant discussions and render decisions based on financial data.
The Budget and Financial Reports course will define key terms like ROI, EBIT, GAAP, and extrapolation. You will learn about commonly used financial terms, financial statements, budgets, forecasting, purchasing decisions, and international (not necessarily pertaining to South Africa) laws that regulate the handling of financial information.
The Basic Bookkeeping course is the short and sweet answer to understanding accounting terms. From accounts receivable to accounts payable, from loans to payments, this short course covers everything you’ll need to know.
This bundle is essential and practical, providing an effective outline and practical tools to help you manage key financial matters.
By the end of this Business Finance eLearning course bundle, you will be able to:
- Understand basic accounting terminology
- Identify the differences between the cash and accrual accounting methods
- Keep track of your business by becoming familiar with accounts payable and accounts receivable
- Use a journal and general ledger to document business financials
- Utilize the balance sheet
- Identify different types of financial statements
- Uncover the reasons for and actually create a budget
- Be familiar with internal and external auditing
- Identify financial terminology
- Understand financial statements
- Identify how to analyse financial statements
- Understand budgets How to make budgeting easy
- Understand advanced forecasting techniques
- Understand how to manage the budget
- Identify how to make smart purchasing decisions
- Identify the legal aspects of finances
