Learn the accounting principles and assumptions upon which international standards are based in this free online course. This course offers an invaluable opportunity to gain insight into accounting principles. We explain how to prepare your company's financial statements effectively and confidently. We show you how to ensure that your organisation meets the International Financial Reporting Standards by employing accounting standards and principles. Sign up to make sure you stay on the right side of the law by applying the best accounting practices and protocols.
| College | Alison |
| Course ID | 196026 |
| 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 • Describe important accounting principles and assumptions • Discuss how to apply the ‘accrual’ principle • Explain how to apply the ‘conservatism’ principle • Summarise the important points and sections of the ‘consistency’ principle • Identify the nature and importance of the ‘historic cost’ principle • Explain how to abide by and apply the ‘full disclosure’ principle • Identify the value of the ‘going concern’ principle • Discuss the importance of the ‘matching’ and ‘monetary unit’ principles • Outline tips used to deal with reliability and revenue recognition principles • Describe how corporate social responsibility (CSR) relates to accounting principles |
| Course Code | 5342 |
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