Financial Accounting

A comprehensive and practical online guide for the basics of financial accounting

The themes of this product are:

Understand the Accounting Framework
Understand the process of Finalization
Understand the Financial Statement Analysis
Understand Depreciation Accounting
Understand Merchandise Accounting
Reconciling Cash & Bank balances
Bookkeeping & Accountancy

Highlights
Library of 15 Courses
Available Products
Upcoming Products

Highlights

Overview
Any organization that deals with money or money's worth needs to record every transaction that it enters into. The courses in this product give a complete understanding, right from scratch to preparation and analysis of financial statements. Th product is supplemented with a number of interactive exercises, in accordance with the 'learn by doing' approach.

After completing this course you will be conversant with:

Accounting Concepts
Accounting Equation
Rules of Accounting
Recording the transactions
Adjusting & Rectifying the books
Preparation of Financial Statements
Analyzing Financial Statements
Reconciling the books

Target Audience
Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit from KESDEE’s innovative solutions.

Supervisory Agencies

Central Banks

Financial Institutions

Commercial Banks

Investment Banks

Housing Societies/Thrifts

Mutual Funds

Brokerage Houses

Stock Exchanges

Derivatives Exchanges

Insurance Companies

Multinational Corporations

Accountancy Firms

Consultancy Firms

Law Firms

Rating Agencies

Multi-lateral Financial Institutions

Others

Course Level and Number of Courses
Basic & Intermediate Level. Library of 9 Courses

Instructional Method
Dynamic, Interactive e-learning

Recommended Background
Familiarity with basic financial concepts

To purchase this course online, visit: Link
http://www.kesdee.com/coursedetails.jsp?productid=72&groupID=5

For purchase, contact us at

Library of 15 Courses

Financial Accounting
Time taken to complete each Course: One - Three hours

1. Introduction to Accounting

Meaning, Functions and Sub fields of Accounting
Accounting Cycle
Accounting Principles- Concepts & Conventions
Accounting Equation
Types of Accounts
Rules of Debit & Credit

2. Accounting Process

Analyzing transactions
Recording transactions
Posting to ledger
Balancing the accounts
Preparing Trial Balance

3. Finalization of Accounts

Rectifying the erroneous entries
Journalizing adjustment entries
Preparing Adjusted Trial Balance
Passing the closing or transfer entries
Preparing financial statements

4. Financial Statement Analysis-I

Categorization of ratios
Various types of ratios including Liquidity Ratios, Solvency Ratios, Structure Ratios, Leverage Ratios, and Coverage Ratios.
Significance of these ratios

5. Financial Statement Analysis-II

Various other types of ratios including Profitability Ratios, Expense Ratios, Turnover Ratios, and Market Sensitivity Ratios.
Decomposition of ROA and ROE with Dupont Analysis
Limitations of ratio analysis

6. Reconciliation of Books

What actually is Bank Reconciliation?
Reasons for reconciling the books.
Procedure or steps for reconciliation.

7. Petty Cash Accounting

Petty cash and its purpose
Writing petty cash book
Types of petty cash book
Control over petty cash

8. Inventory Accounting

The basics of inventory
Inventory accounting systems
Inventory valuation methods
Accounting for inventory
Inventory and its impact on financial statements.

9. Long-Lived Assets - The Capitalization Decision

Further this course discusses the impact of expensing or capitalizing decision on the firm's financial statements and ratios. The course also explains the treatment for intangible assets regarding capitalizing or expensing the costs and describes the circumstances when intangible assets are capitalized.

10. Depreciation Accounting

The methods of depreciation
Accounting for depreciation
Depreciation and its impact on cash flow and income tax

11. Analysis of Financing Liabilities

12.Leases and Off-Balance-Sheet Debt

13.Analysis of Income Taxes

14. Financial Reporting Standards

15. International Standards Convergence

JOB AIDS

Disclosures
Measurement Tools
Case Study

Calculators in Financial Accounting

1. Cash Flow Calculator
2. Corporate Performance – Dashboard
3. Ratio Calculator
4. Petty Cash Calculator
5. Bank Reconciliation Calculator

Available Products

Upcoming Products

For more information about our e-learning products and services
visit us at www.kesdee.com