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Accounting Skills for New Supervisors QLS Level 3 

  • Offered byStaff Training Solutions

Accounting Skills for New Supervisors QLS Level 3
 at 
Staff Training Solutions 
Overview

Describe the art of finance and key financial terms

Duration

200 hours

Total fee

11,356

Mode of learning

Online

Credential

Certificate

Accounting Skills for New Supervisors QLS Level 3
 at 
Staff Training Solutions 
Highlights

  • Earn a certificate after successful completion
  • his course and/or training programme has been endorsed by the Quality Licence Scheme
Details Icon

Accounting Skills for New Supervisors QLS Level 3
 at 
Staff Training Solutions 
Course details

Skills you will learn
Who should do this course?
  • For Managers and supervisors in need of fundamental accountancy training
  • For Candidates pursuing promotion to supervisory or managerial levels
  • For interested in moving into accountancy
  • For Business-owners looking to take care of their own accountancy
  • For Professionals interested in earning recognised qualifications/accolades
  • For Anyone looking to improve their CV and career prospects
What are the course deliverables?
  • 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 and make financial decisions
  • Read annual reports
More about this course
  • This introductory course serves as an ideal starting point for those with little or no existing accountancy experience
  • Career options vary from in-house accounts management with larger firms to ad-hoc personal accountancy service provision
  • To stand out as an elite supervisor or manager, a strong grasp of core accountancy duties is essential

Accounting Skills for New Supervisors QLS Level 3
 at 
Staff Training Solutions 
Curriculum

Unit 1 Introduction to Accounting and Finance

General Accepted Accounting Principles (GAAP)

The Accounting Cycle

The Key Reports

Understanding the Chart of Accounts

Single vs. Double Entry Accounting

Unit 2 Understanding Debits and Credits

Understanding Debits and Credits

Working with Debits and Credits

Financial Analysis Toolbox

Useful Ratios

Net and Gross Profit Margin

Reading Annual Reports

Using Ratios for Decision Making

Identifying High and Low Risk Companies

Unit 3 The Basics of Budgeting

Defining a Budget

The Budgeting Process

Computer Survival Skills

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Accounting Skills for New Supervisors QLS Level 3
 at 
Staff Training Solutions 

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