Course Objectives:
The course aims to provide an understanding of the fundamental principles of financial accounting and management accounting, and how they are applied in real-world business scenarios. The course will also help students to develop the necessary skills to prepare, analyze and interpret financial statements, and make informed business decisions.
Course Overview:
The course will cover the following topics:
• Introduction to Financial Accounting
• Accounting Concepts, Principles, Bases, and Policies
• Double Entry Accounting
• Secondary Books
• Trial Balance
• Final Accounts
• Introduction to Management Accounting
• Financial Statement Analysis
• Funds Flow Analysis
• Cash Flow Analysis
• Understanding Cost
• Marginal Costing and Break Even Analysis
• Decisions Involving Alternative Choices
• Budgetary Control
• Standard Costing
Course Teaching Methodology:
The course will be conducted through a combination of lectures, case studies, and practical exercises. The lectures will provide students with a theoretical understanding of the topics covered, while case studies and practical exercises will help students apply their knowledge to real-world scenarios.
Importance for Learners in Career Growth and Self-Employment:
The course will help students develop skills that are highly valued in the business world, including financial analysis, cost management, and budgeting. These skills are essential for any individual looking to start their own business or progress in their career in a finance or accounting-related role.
Modification Based on Requirements of Learner or Location:
The contents of the course can be modified based on the requirements of learners or the location where the course is being offered. This can include incorporating additional topics or case studies that are relevant to specific industries or regions.
Syllabus for Financial Accounting Management Course:
Week 1: Introduction to Financial Accounting
• Introduction to Financial Accounting
• Accounting Concepts, Principles, Bases, and Policies
• Double Entry Accounting
Week 6: Understanding Cost
• Understanding Cost
• Marginal Costing and Break Even Analysis
Week 7: Decisions Involving Alternative Choices
• Decisions Involving Alternative Choices
Week 8: Budgetary Control
• Budgetary Control
Week 9: Standard Costing
• Standard Costing
Note: The above syllabus can be modified based on the requirements of the learners or location.
Course Title: Financial Accounting Management
Course Duration : 3 months
Course Objectives:
The course aims to provide an understanding of the fundamental principles of financial accounting and management accounting, and how they are applied in real-world business scenarios. The course will also help students to develop the necessary skills to prepare, analyze and interpret financial statements, and make informed business decisions.
Course Overview:
The course will cover the following topics:
• Introduction to Financial Accounting
• Accounting Concepts, Principles, Bases, and Policies
• Double Entry Accounting
• Secondary Books
• Trial Balance
• Final Accounts
• Introduction to Management Accounting
• Financial Statement Analysis
• Funds Flow Analysis
• Cash Flow Analysis
• Understanding Cost
• Marginal Costing and Break Even Analysis
• Decisions Involving Alternative Choices
• Budgetary Control
• Standard Costing
Course Teaching Methodology:
The course will be conducted through a combination of lectures, case studies, and practical exercises. The lectures will provide students with a theoretical understanding of the topics covered, while case studies and practical exercises will help students apply their knowledge to real-world scenarios.
Importance for Learners in Career Growth and Self-Employment:
The course will help students develop skills that are highly valued in the business world, including financial analysis, cost management, and budgeting. These skills are essential for any individual looking to start their own business or progress in their career in a finance or accounting-related role.
Modification Based on Requirements of Learner or Location:
The contents of the course can be modified based on the requirements of learners or the location where the course is being offered. This can include incorporating additional topics or case studies that are relevant to specific industries or regions.
Syllabus for Financial Accounting Management Course:
Week 1: Introduction to Financial Accounting
• Introduction to Financial Accounting
• Accounting Concepts, Principles, Bases, and Policies
• Double Entry Accounting
