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Description:

This is a bundled training package. It contains training for each of the bundled items below:

Course Price
Outsourcing Financial Activities $74.95
Accounting for Sales Returns $74.95
Deconstructing the Balance Sheet $74.95
The Balance Sheet $74.95
The Cash Flow Statement $74.95
Accounting for Companies' Stock Transactions and Dividends $74.95
Final Exam: Accounting Fundamentals $74.95

Bundle Price: $239.00
Total Savings: $285.65


Outsourcing Financial Activities

Businesses are increasingly outsourcing portions of their accounting. This Business Impact explores the pros and cons of outsourcing financial activities to third party service providers.

Accounting for Sales Returns

Returns are an expected part of conducting business, and proper accounting requires that balance be maintained between affected accounts. This Business Impact demonstrates which accounts will be impacted by a sales return transaction.

Deconstructing the Balance Sheet

Balance sheets provide an overview of a business's financial standing. This impact explores the primary elements of a balance sheet.
  • Topic t2 Objective o3 - Objective Text

The Balance Sheet

The Balance Sheet is arguably the most important of all financial statements. It is a financial snapshot of a company's health at a specific point in time as measured in terms of assets, liabilities, and owners' or shareholders' equity. It allows you to see what a company owns as well as what it owes to other parties. People who might be interested in the Balance Sheet include creditors, investors, company management, suppliers, customers, competitors, government agencies, and analysts. The Balance Sheet is closely connected to the other key financial statements – the Income Statement and Cash Flow Statement. This course walks you through a Balance Sheet and its key components. It also illustrates how common transactions affect the Balance Sheet with the help of accounting examples. It also teaches you how to prepare a Balance Sheet and how the Balance Sheet interacts with other financial statements.
  • recognize examples of the components of a Balance Sheet
  • prepare a Balance Sheet
  • determine how common transactions affect the Balance Sheet
  • recognize how the Balance Sheet connects and interacts with the other financial statements

The Cash Flow Statement

As the popular saying goes – revenue is vanity, margin is sanity, and cash is king. While it is very important for an organization to keep earning revenue and maintaining a good profit margin, a positive cash flow is equally important for its survival. Cash flowing in to the organization must meet or exceed the cash flowing out to enable the organization to pay its debts and liabilities and meet its growth and day-to-day cash requirements. The Cash Flow Statement is a key financial statement that reports cash receipts, payments, and net change in cash resulting from operating, investing, and financing activities during a reporting period. This course discusses various aspects of Cash Flow Statements and walks the learner through the steps in preparing one using a business scenario. Learners are introduced to various components in a Cash Flow Statement and also shown how to calculate cash at the end of the accounting period. This course also presents examples of how various transactions affect cash balances in an organization and how a Cash Flow Statement connects with the Income Statement and Balance Sheet.
  • match examples of Cash Flow Statement items to the section of the Cash Flow Statement they belong to
  • calculate the cash balance at the end of the accounting period in a scenario-based example
  • identify how the Cash Flow Statement connects with the Income Statement and the Balance Sheet
  • recognize how common transactions affect different types of cash flows in the Cash Flow Statement
  • prepare a Cash Flow Statement in a scenario using the indirect method

Accounting for Companies' Stock Transactions and Dividends

A publicly or privately held company, also known as a corporation, is an entity separate and distinct from its stockholders. When an investor puts money in a company in return for part ownership, the company issues stocks to the investor. Stock is the evidence of the ownership interest of the stockholder. Sometimes a company also reacquires some of its outstanding stocks from its stockholders for retiring, holding, or reselling purposes. Stocks reacquired and held with the company are called treasury stocks. Companies often decide to share part of their net income, called dividends, with stockholders as reward for stockholders' investment risk in the company. Implications of issuing common and preferred stocks, treasury stocks, and dividends are very significant for companies' accounts. This course presents basic concepts and accounting treatments involving companies' common and preferred stocks, treasury stocks, and dividends. The course aims at identifying key characteristics of incorporated organizations and how common equity transactions affect their financial position. It walks you through the accounting treatments for common, preferred, and treasury stocks. You are also taught how to record transactions involving cash and stock dividends.
  • identify major characteristics of incorporated organizations
  • identify how common equity transactions affect a corporation's financial position
  • record the issuance of stock in a journal
  • account for the purchase and sale of treasury stock using the cost method
  • account for transactions involving cash dividends and stock dividends

Final Exam: Accounting Fundamentals

Generally taken near the end of a program, Final Exam: Accounting Fundamentals enables the learner to test their knowledge in a testing environment.
  • Topic T2 Objective O4
  • Topic T6 Objective O8
  • Topic T10 Objective O12
  • Topic T14 Objective O16
  • Topic T18 Objective O20
  • Topic T22 Objective O24
  • Topic T26 Objective O28
  • Topic T30 Objective O32
  • Topic T34 Objective O36
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Accounting Fundamentals Part 2 e-learning bundle
  • Course ID:
    252464
  • Duration:
    5 hours
  • Price:
    $239