Master the core basics of accounting standards and cycles, financial statements and cash flows with this free course. Join us as we do a dive deep into the basics of the accounting cycle and financial statements. You will master all the steps involved in financial accounting processes and, most importantly, you will learn about the important rules that govern accounting. This knowledge is crucial to anyone running their own business or wanting to progress in a corporate, retail or financial services career.
| College | Alison |
| Course ID | 195786 |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | What You Will Learn In This Free Course • Discuss the conventions and standards of financial accounting • Distinguish between GAAP and International Financial Reporting Standards (IFRS) cash flow classification • Explain the full disclosure principle • Recall the principles of accounting transactions • Discuss the accounting process • Summarize the accounting cycle • Recall how to assess balance sheets and income statements • Evaluate cash flow statements • Analyze financial statement ratios and calculations • Identify the direct and indirect methods of stating cash flows |
| Course Code | 3374 |
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