In this course, we investigate the basics of accounting. We introduce the skills and knowledge required to prepare and understand the financial plans and budgets that are crucial to the ongoing operation of an organisation. This course provides in depth coverage of Business and Information Management, Basic Accounting and Accounting Transactions.
Topic Outline
Business and Information Management
40 minutes of learning covering the following topics:
- Introduction
- Business Plans
- Chain of Command
- Strategic Management
- Middle Management and Frontline Management
- Management Demands
- Exercise
- Resources and Information Management
- Financial
- Physical
- Human
- Trading
- Information
- Information Needs of Different Industry sectors
- Manufacturing
- Retail
- Rural
- Service
Basic Accounting Overview
25 minutes of learning covering the following topics:
- Introduction
- Accounting Systems
- Workbook Exercise
- Data Collection
- Classification
- Analysis
- Storage
- Financial Report Analysis
- Statement of Financial Position
- Statement of Financial Performance
- Statement of Cash Flow
- Budgets and Reporting
Accounting Transactions
20 minutes of learning covering the following topics:
- Introduction
- Chart of Accounts
- Transactions Journals
- Accounting for the Initial Purchase of Business
- Accounting for Owners Investment of Cash Funds
- Accounting for Daily Sales
- Accounting for Cost of Sales
- Accounting for Expenditure
- Statement of Performance
- Balance Sheet Exercise
- Statement of Cash Flow