Powered by
Completion
CERTIFICATE
Fundamentals of financial and management accounting
Learn to read financial statements and make informed business decisions using accounting principles.
Course Cost
₹ 2,699
Beginner
Skill Level
10 Hours
Self-paced lessons
This introductory course covers both financial and management accounting fundamentals. Students will learn basic accounting principles, terminology, and how to read and analyze financial reports such as balance sheets, income statements, and cash flow statements. The course also introduces management accounting techniques like break-even analysis and Net Present Value (NPV) for decision-making. Through examples and case studies, participants will gain practical skills in understanding financial documents, analyzing costs, and evaluating capital investment decisions. By the end of the course, students will be able to interpret financial statements and apply basic techniques for cost analysis and investment appraisal.
38,197 Enrolled
English
What you'll learn
Understand basic accounting principles and terminology
Read and analyze financial statements including balance sheets, income statements, and cash flow statements
Classify and allocate costs using different methods such as Job Order Costing (JOC) and Activity-Based Costing (ABC)
Apply Net Present Value (NPV) calculations for long-term investment decisions
Perform break-even analysis and evaluate short-term business decisions
Differentiate between financial and management accounting practices
Understand the accrual and cash accounting principles
Calculate depreciation and its impact on financial statements
Skills you'll gain
This course includes:
5.37 Hours PreRecorded video
11 assignments
Access on Mobile, Tablet, Desktop
FullTime access
Shareable certificate
Closed caption
Get a Completion Certificate
Share your certificate with prospective employers and your professional network on LinkedIn.
CREATED BY
PROVIDED BY
Get a Completion Certificate
Share your certificate with prospective employers and your professional network on LinkedIn.
CREATED BY
PROVIDED BY
Top companies offer this course to their employees
Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.
There are 5 modules in this course
This course provides a comprehensive introduction to financial and management accounting principles. It is structured into five modules, each focusing on key aspects of accounting and financial decision-making. The first module introduces basic accounting concepts and the distinction between financial and management accounting. The second module delves into financial reports, covering balance sheets, income statements, and cash flow statements. The third module focuses on management accounting, including cost classification and allocation methods. The fourth and fifth modules address long-term and short-term decision-making respectively, introducing concepts such as Net Present Value (NPV) for investment appraisal and cost-volume-profit analysis for short-term decisions. Throughout the course, students engage with practical examples and exercises to reinforce their understanding of the concepts presented.
Introduction to accounting and business
Module 1 · 1 Hours to complete
Annual report and financial statements
Module 2 · 2 Hours to complete
Management accounting and cost classification
Module 3 · 2 Hours to complete
Investment appraisal and decision making
Module 4 · 2 Hours to complete
Short-term decision making and cost-volume-profit analysis
Module 5 · 3 Hours to complete
Fee Structure
Payment options
Financial Aid
Reviews
Testimonials and success stories are a testament to the quality of this program and its impact on your career and learning journey. Be the first to help others make an informed decision by sharing your review of the course.
Faculties
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
4.7
323
Reviews
38,145
Students
1
Course
Frequently asked Questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.