FINANCIAL ACCOUNTING 

FINANCIAL ACCOUNTING 

The purpose of this curriculum is to provide an introduction to the aspects of financial accounting. The curriculum will discuss the basics of both financial accounting and planning by providing detailed explanations of concepts such as balance sheets and income statements, budgeting, and investments, in addition to others. Completing the courses included in this curriculum will allow for competent completion of accounting duties at the financial institution.

Duration : 8 Hours

Certificate Accreditation: INSPIRE

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Basics of Financial Accounting
T1) Accounting and its Importance
T2) Double Entry Accounting
T3) Key Financial Terms and Definitions
T4) Financial Statement Basics
T5) The Balance Sheet
T6) The Income Statement
T7) The Cash Flow Statement
T8) GAAP
T9) IFRS
Basics of Financial Planning
T1) Building Blocks of Financial Planning
T2) Budgeting
T3) Expenses
T4) Retirement
T5) Insurance
T6) Investments
Basics of Financial Accounting: II
T1) Reconciliation
T2) Ratios
T3) Inventory Intensive Business
T4) Inventory Accounting System
T5) Inventory Valuation
T6) Depreciation
T7) Methods of Depreciation

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