Financial Accounting and Audit

Description

This course is for:

• Students: the course fits into the credit system for college/university accreditation;
• Beginners, who are curious to learn about financial accounting and audit;
• Anybody with zero previous experience, who is interested in learning about financial accounting and audit.

About the Course

• This is a comprehensive course for any level (beginner, intermediate or advanced), which starts from the explanation of the basic
  accounting and audit concepts, the main terms and then moves step by step to advanced level. Each lesson is systematically divided
  as per specific related topics thereby making it easy for understanding.
• The course consists of various topics of accounting and audit discussed and explained in details along with examples and exercises,
  which enables to understand the concepts and processes related to both financial accounting and audit.

Requirements

• To be ready to learn

The Benefits of Learning This Course

• Financial accounting is considered to be the universal language of business, so it makes sense that all business professionals should be fluent.
• While some people might think that non-accountants don’t need to study financial accounting and audit, the understanding of key accounting and audit concepts can be helpful for all professionals.
  

Why To Study this Course?

• To understand the basic accounting and audit fundamentals, concepts, principles and techniques;
• To identify various users of financial information and prepare financial statements according to their relevance;
• To be able to interpret and prepare the financial statements: the Balance Sheet, the Income Statements, the Cash Flow Statement, the Capital Statement and Notes to the Financial Statements;
• To understand the challenges of financial reporting;
• To be able to use accounting information as a tool in making managerial decisions;
• To understand the need and importance of auditing;
• To have knowledge about audit planning and execution;
• To understand and conduct the auditing procedures;
• To identify the international standards, used by accountants and auditors worldwide;
• To comprehend the linkage between accounting, financial reporting and auditing.

Course Certification

• The participants, successfully completed the course, will be granted the Course Certificate.