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Summary

This course, offered by the British Academy for Training and Development, aims to study the various theories that have been put forward to understand the role of financial accounting in decision-making. It will also explain why, how and when to make decisions about the disclosure of financial information in the absence of a full organization. The course includes an integrated learning experience in which the knowledge and skills of participants will be applied and evaluated in the context of simulating the real work environment and providing feedback. This program is designed to enable participants to apply accounting theories in the current working environment.

Organizations dealing with funds are keen to register all transactions that enter into their force. This course offered by the British Academy for Training and Development offers a number of interactive exercises according to the "learning by doing" approach. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Organizations dealing with funds are keen to register all transactions that enter into their force. This course offered by the British Academy for Training and Development offers a number of interactive exercises according to the "learning by doing" approach. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

This course provides a good opportunity for participants to practice and apply the methods of managing accounts through educational sessions by a number of academics from the accounting department at the end of each session.

Introduction to Financial Accounting is a basic course offered by the British Academy of Training and Development to lay the base for further study in financial management and accounting. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Financial accounting paves the way for people to work in the dual-entry system and expanding the understanding of the basic principles of financial accounting. This course offered by the British Academy sets the bases for subsequent courses in financial accounting.

Introduction to Financial Accounting is a basic course offered by the British Academy of Training and Development to lay the base for further study in financial management and accounting. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Organizations dealing with funds are keen to register all transactions that enter into their force. This course offered by the British Academy for Training and Development offers a number of interactive exercises according to the "learning by doing" approach. The course explains the role accounting plays as an assistant factor to make the financial decision. Students will be able to understand the role that accounting and reporting systems play in accounting in the organization's environment, as well as consider many conceptual issues related to accounting estimates.

Objectives and target group

Target audience of this course:

The British Academy for Training and Development offers this course to accountants and people working in jobs that require a background in financial accounting.

Course Objectives:

After completing the course, students will be able to learn the following:

  • Analysis of present value and future value concepts, their applications to financial accounting and preparing reports.
  • Explain the concept of decision theory and the intellectual framework of financial accounting and its importance in the preparation of financial reports.
  • Evaluate the effective stock market theory and its impact on financial reporting.
  • Understand why management is interested in financial reporting and concerns about disclosure, selection of accounting policies, and risk reporting.
  • Comparison between the application of the information perspective and the measurement and measurement perspective for financial reporting.
  • Analyze important results of game theory and agency theory.
  • Identify conflict of interest among stakeholders and apply dispute resolution models.
  • Understand the complexity of the process of estimating the costs and benefits of information.
  • Define elements of the standard setting process and discuss the impact of political and economic consequences of the organization.
  • Describe ethical issues related to the standard setting process.

Course Content

  • Accounting under ideal conditions.
  • The usefulness of the theory of decisions and the intellectual framework of financial accounting in the preparation of financial reports.
  • Effective stock markets.
  • Access to information in decision-making theory.
  • Method of measurement and estimation in decision-making theory.
  • Economic consequences.
  • Conflict analysis.
  • Dispute between contracting parties.
  • Setting standards: economic issues.
  • Setting standards: political issues.
  • Understanding accounting framework.
  • Understand the accounting process.
  • Understand the completion process.
  • Understand how financial statements analyzed.
  • Understand how consumption accounted for.
  • Understanding goods accounting.
  • Settlement of cash flows and bank balances.
  • Recordkeeping and accounting.
  • Transaction analysis.
  • Transaction registration.
  • Registration in the ledger.
  • Balance accounts.
  • Prepare the audit balance.
  • Basics of inventory accounting.
  • Inventory accounting systems.
  • Inventory evaluation methods.
  • Inventory accounting.
  • Inventory and its impact on financial statements.
  • Principles and terms of bookkeeping.
  • Accounting for transactions.
  • Reconciliation between the control of debtors and creditors.
  • Bank reconciliation statement.
  • Systems and methods of inventory.
  • Functions and areas of sub-accounting.
  • Accounting course.
  • Principles of accounting - concepts and conventions.
  • Accounting Equation.
  • Account types.
  • Discount and credit rules.
  • Understanding accounting framework.
  • Understand the accounting process.
  • Understand the completion process.
  • Understand how financial statements analyzed.
  • Understand how consumption accounted for.
  • Understanding goods accounting.
  • Settlement of cash flows and bank balances.
  • Recordkeeping and accounting.
  • Transaction analysis.
  • Transaction registration.
  • Registration in the ledger.
  • Balance accounts.
  • Prepare the audit balance.
  • Methods of consumption.
  • Accounting consumption.
  • Consumption and its effect on cash flows and income taxes.

Course Date

2024-05-20

2024-08-19

2024-11-18

2025-02-17

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£3800 / Member

Members NO. : 2 - 3
£3040 / Member

Members NO. : + 3
£2356 / Member

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