Accounting and Finance Process Basics - A beginners guide




Accounting and Finance Process Basics - A beginners guide

  • This course will provide a holistic view of the Accounting and Finance processes for a fresher or beginner level.

  • Overview of end-to-end processes in Finance

  • This course will equip you with the first level information on Accounting and Finance processes.

This course covers:

  1. Basics of Accounting and Bookkeeping, Accounting concepts, 3 golden rules of Accounting, Debit and Credit, Cash basis and accrual basis etc.

  2. Trial Balance and Errors in Trial balance etc.

  3. Financial statements elements and a basic understanding of the flow and presentation of Income statement, Balance Sheet and Cash flow statement. 

  4. Introduction to Key concepts like Capex/Opex, Accruals/Prepaid, Provision/Reserves, working capital, Broad categories of ratios, Chart of Accounts etc.

  5. Management's assertions of financial statements

  6. High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, Bank Reconciliation statement. This will give the student an end-to-end perspective of most of the finance processes which a beginner might start working and all these information and learnings will be relatable in a real work environment.

  7. *** Basic accounting journal entries - Simplified into a downloadable resource for offline reading

  8. *** Summary of all the key points of this course into a downloadable resource for offline reading

Birds eye view of the world of Accounting and Finance processes. A short course for sure shot results.

Url: View Details

What you will learn
  • Learn Basics of Accounting concepts, Bookkeeping, Errors in Trial balance etc.
  • High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, BRS
  • Familiarity with Financial statements elements and a basic understanding of the flow and presentation - Income statement, Balance Sheet and Cash flow statement

Rating: 4.7

Level: Beginner Level

Duration: 1 hour

Instructor: Sonu Thomas


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