Accounting Skills for New Supervisors

In this course, you will learn the basics of accounting, including financial terms, generally accepted accounting principles, the accounting cycle, key financial reports, financial analysis tools, and budgeting.

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Learning Objectives:
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- Describe the art of finance and financial management
- Explain key financial terms
- Determine your role in company finances
- Find the rules and regulations for your area and industry
- Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
- Explain how a chart of accounts is created
- Tell the difference between cash and accrual accounting
- Explain single-entry and double-entry bookkeeping
- Differentiate between debits and credits
- Identify and analyze important financial data
- Make financial decisions
- Read annual reports
- Determine whether a company is financially high or low risk
- Recognize different types of organizational financial plans
- Explain what budgets are and how to prepare them
- Recognize what computer skills you need to make you a financial whiz
- Deal with financial situations that impact the people that work for you

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Other Related Course:
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- Budgets and Managing Money

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see following category:
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  1. Finance Courses

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Course Details

Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you're going to succeed in business, particularly as a manager. This course will help you get started in the accounting world.

Modules:

  1. Course Overview
  2. Getting the Facts Straight
  3. The Accounting Cycle
  4. The Key Reports
  5. Keeping Score
  6. A Review of Financial Terms
  7. Understanding Debits and Credits
  8. Your Financial Analysis Toolbox
  9. Identifying High and Low Risk Companies
  10. The Basics of Budgeting
  11. Working Smarter
  12. People and Numbers
  13. Personal Action Plan
  14. Recommended Reading List
  15. Post-Course Assessment

Course Features
  • 240 minutes
  • Mobile Friendly
  • Mac & PC Compatible
  • Quizzes
  • Reports
  • Easy to Use
  • Accessible

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Desktop, mobile, and tablet access.

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