Course Syllabus
Introduction to Financial Statements
• Objective of financial statements
• Main users of financial statements
• Form of business entities and different reporting requirements (sole trader, partnership and company)
• Financial Statements
Sources of Financing
• Main sources of long term-term financing (Ordinary shares, Preference shares, Share warrants, Raising equity through profit retention, Borrowings, Finance leases, Hire purchase Government assistance)
• Raising long term finance (Issue of shares: right issues, bonus issues, offers for sale and public issues and placings)
• Private Finance Initiative
• Short term Financing (External and internal sources of short term finance)
Financial Statement Analysis
• Introduction
• Limitation of Financial Statements analysis
• Calculate and interpret the following ratios (Profitability, Liquidity ratios, Efficiency ratios, Gearing ratios, Market ratios)
Introduction to Cost & Management Accounting
• Difference and similarities between financial accounting, cost accounting and management accounting
• Cost concept (cost, cost unit and cost centers)
• Classification and types of cost
• Costing for Overheads
Costing for Overheads
• Traditional methods
• Activity-Based Costing (ABC)
Capital Investment Appraisal
• Importance of Capital Appraisal
• Capital Investment Appraisal techniques
• Non -discounted and discounted techniques:
• Payback period, Accounting Rate of Return, Net Present value and Internal Rate of Return
• Advantages and disadvantages of the capital investment appraisal techniques
• Objective of financial statements
• Main users of financial statements
• Form of business entities and different reporting requirements (sole trader, partnership and company)
• Financial Statements
Sources of Financing
• Main sources of long term-term financing (Ordinary shares, Preference shares, Share warrants, Raising equity through profit retention, Borrowings, Finance leases, Hire purchase Government assistance)
• Raising long term finance (Issue of shares: right issues, bonus issues, offers for sale and public issues and placings)
• Private Finance Initiative
• Short term Financing (External and internal sources of short term finance)
Financial Statement Analysis
• Introduction
• Limitation of Financial Statements analysis
• Calculate and interpret the following ratios (Profitability, Liquidity ratios, Efficiency ratios, Gearing ratios, Market ratios)
Introduction to Cost & Management Accounting
• Difference and similarities between financial accounting, cost accounting and management accounting
• Cost concept (cost, cost unit and cost centers)
• Classification and types of cost
• Costing for Overheads
Costing for Overheads
• Traditional methods
• Activity-Based Costing (ABC)
Capital Investment Appraisal
• Importance of Capital Appraisal
• Capital Investment Appraisal techniques
• Non -discounted and discounted techniques:
• Payback period, Accounting Rate of Return, Net Present value and Internal Rate of Return
• Advantages and disadvantages of the capital investment appraisal techniques
Frequently Asked Questions
Q1 : Who should enroll in this course?
A1 : Anyone who would love to learn basic financial and management accounting at their own pace.
Q2 : Is the course requires knowledge of other disciplines?
A2 : It is always a value added if you could integrate knowledge from various disciplines.
Q3 : Can I get the certificate upon completion of the course?
A3 : Yes, you will be rewarded with the certificate of completion provided that you have complete ask activities and fulfill all the requirement for assessment.
A1 : Anyone who would love to learn basic financial and management accounting at their own pace.
Q2 : Is the course requires knowledge of other disciplines?
A2 : It is always a value added if you could integrate knowledge from various disciplines.
Q3 : Can I get the certificate upon completion of the course?
A3 : Yes, you will be rewarded with the certificate of completion provided that you have complete ask activities and fulfill all the requirement for assessment.