Accounting is practical and can be put to good use, benefiting small businesses which are often run without any accounting knowledge or standard practices. Small business accounting (USA standards) involves basics of the accounting cycle plus inventory control, if needed. Accounting does not need to be complicated or full of steps, it can be simple and effective for the small firm.
The course covers which kinds of information need to be included and which systems should be used to record them. The course explains methods for improving and forecasting cash flow or budgets within the business, as well as outlining how to respond to purchase and sales invoices. There is also a module explaining the importance of effective credit control, including how to successfully speak to and deal with late-paying customers.
This course gives you a skill set which includes the day-to-day financial operations tasks carried out by small to medium-sized businesses.
Studying with Global Edulink has many advantages. The course material is delivered straight to you, and can be adapted to fit in with your lifestyle. It is created by experts within the industry, meaning you are receiving accurate information, which is up-to-date and easy to understand. This course is comprised of professionally narrated e-Learning modules, interactive quizzes, tests and exams. All delivered through a system that you will have access to 24 hours a day, 7 days a week for 365 days (12 months). An effective support service and study materials will build your confidence to study efficiently and guide you to secure your qualification.
|1: Introduction to Accounting|
|Introduction to Accounting||00:33:00|
|2: Financial Statements|
|3: Assets and Liabilities|
|Assets and Liabilities||00:07:00|
|4: Accounting Transactions|
|5: Inventory and Cost Methods|
|Inventory and Cost Methods||00:10:00|
|6: Stakeholders and Equity|
|Stakeholders and Equity||00:07:00|
|7: Managerial Accounting|
|8: Cost Accounting|
|9: Costs and Expenses|
|Costs and Expenses||00:08:00|
|10: Budgetary Control|
|11: Analysis and Decision Making|
|Analysis and Decision Making||00:08:00|
|Module Book- Accounting for Small Business|
|Module Book- Accounting for Small Business||00:00:00|
|Mock Exam: Small Business Accounting||00:40:00|
|Exam: Small Business Accounting||00:40:00|