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Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting …
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Course Access
4 Months
No. of Students Enrolled
13
Total Course Time
19 hours, 46 minutes
Last Updated
February 12, 2019
Certification
Category
Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time.
Knowing a company’s financial health helps leadership make informed decisions regarding employee payroll, expansion, capital investment, development of new technologies, budgeting for particular departments, and more. By contrast, a lack of understanding of financial health may lead to poor decisions that can result in a company overextending itself — expanding too quickly or investing in new facilities it can’t afford.
Businesses use financial accounting to present their financial standing to third parties such as regulators, auditors, suppliers, and investors. This helps companies meet statutory and fiscal requirements, allows for in-depth performance analysis, and provides information to creditors and shareholders that can increase investment.
Learning financial accounting enables professionals to play a key role in keeping companies legally compliant, attracting investors, and helping executives make clear-eyed decisions about future plans.
Course Currilcum
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- 1ST Term Financial Accounting Sss 2 Scheme Details 00:20:00
- ACAD WEEK 1: CORRECTION OF ERRORS WITH JOURNAL PAPER Details 00:45:00
- ACAD WEEK 2: CONTROL ACCOUNTS & SELF BALANCING LEDGER Details 00:45:00
- ACAD WEEK 3: PURCHASES LEDGER CONTROL ACCOUNT Details 00:45:00
- ACAD WEEK 4: MANUFACTURING ACCOUNT: REASONS, TERMINOLOGIES, FORMAT Details 00:45:00
- ACAD WEEK 5: FORMAT Details 00:45:00
- ACAD WEEK 6: INTRODUCTION TO PARTNERSHIP ACCOUNT Details 00:45:00
- ACAD WEEK 7: PARTNERSHIP ACCOUNT Details 00:45:00
- ACAD WEEK 8: PARTNERSHIP ACCOUNT: GOODWILL ACCOUNT Details 00:45:00
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- FINANCIAL ACCOUNTING SCHEME OF WORK FOR SS2 2ND TERM Details 00:45:00
- ACAD WEEK 1: DISSOLUTION OF PARTNERSHIP Details 00:45:00
- ACAD WEEK 2: ACCOUNTING RATIO Details 00:45:00
- ACAD WEEK 3: SINGLE ENTRY Details 00:45:00
- ACAD WEEK 4: SINGLE ENTRY CONT’D Details 00:45:00
- ACAD WEEK 5: ACCOUNTS OF NONPROFIT MAKING ORGANIZATION Details 00:45:00
- ACAD WEEK 6: INCOME AND EXPENDITURE ACCOUNT Details 00:45:00
- ACAD WEEK 7: Purchase of Business Details 00:45:00
- ACAD WEEK 8: Company Amalgamation Details 00:43:00
- Financial Accounting 3rd Term Scheme of Work for SS2 Details 00:43:00
- ACAD WEEK 1: Company Amalgamation Details 00:45:00
- ACAD WEEK 2: Companies formation/Companies Accounts Details 00:45:00
- ACAD WEEK 3: Financial System Details 00:45:00
- ACAD WEEK 4: Share Capital Details 00:45:00
- ACAD WEEK 5: Preparation of Account for Issue of Shares Details 00:45:00
- ACAD WEEK 6: Loan Capital Details 00:45:00
- ACAD WEEK 7: Preparation of Company Income Statement Details 00:45:00
- ACAD WEEK 8: Appropriation Account of a Company Details 00:45:00
Course Instructors
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