Business Accounting Training (ACT101)
Course Length: 1 day
Delivery Methods:
Available as private class only
Course Overview
This business accounting training class introduces students to the fundamentals of business accounting. Students learn about current assets, long-term assets, intangible assets, and about the different types of liabilities and how to manage those liabilities. The course also covers the time value of money, calculating the present value, future value, interest rate, and maturity date on various types of cash flows, and understanding a company's statement of stockholders' equity and the balance sheet.
Course Benefits
- Learn the fundamentals of accounting.
- Learn about current assets, long-term assets, and other types of assets.
- Learn about the different types of liabilities.
- Learn to calculate the time value of money.
- Learn to calculate the present and future values of cash flows.
- Learn the components of stockholders' equity.
- Learn financial analysis ratios.
Course Outline
- Accounting and business activities
- Fundamentals of accounting
- Accounting in business activities
- Accounting for assets
- Introduction to assets
- Accounting for current assets
- Accounting for noncurrent assets
- Accounting for inventory
- Fundamentals of the inventory system
- Inventory management
- Accounting for liabilities
- Types of liabilities
- Long-term liabilities
- Time value of money
- Calculating time value of money
- Calculating value of annuities
- Calculating value of bonds
- Interest rates and maturity dates
- Accounting for stockholders' equity
- Fundamentals of stock
- Fundamentals of stockholders' equity
- Fundamentals of ratio analysis
Class Materials
Each student will receive a comprehensive set of materials, including course notes and all the class examples.