Course Description:
The Certificate in Principles of Accounting provides a foundational understanding of accounting principles, financial reporting, and bookkeeping practices. This course is designed for individuals seeking to develop accounting knowledge for business, career advancement, or further studies in finance. Participants will learn essential accounting concepts, including the accounting cycle, financial statement preparation, and ethical considerations in accounting. The course will also cover key topics such as double-entry bookkeeping, adjustments, accruals, and financial analysis to ensure a comprehensive understanding of the field.
Course Objectives:
- Understand and apply fundamental accounting principles and concepts.
- Record financial transactions accurately using the double-entry bookkeeping system.
- Prepare and interpret financial statements, including the income statement, balance sheet, and cash flow statement.
- Analyze financial data to assess business performance and support decision-making.
- Demonstrate ethical considerations and compliance with accounting regulations.
Course Outcomes:
- Demonstrate proficiency in recording and classifying financial transactions.
- Prepare accurate financial statements in accordance with accounting standards.
- Apply accounting techniques to analyze financial performance and identify trends.
- Utilize accounting software and tools for efficient financial management.
- Exhibit an understanding of ethical and regulatory frameworks in accounting practices.