Diploma in Accounting - Advanced Controls and Transactions
4.0 /5- Offered byAlison
Diploma in Accounting - Advanced Controls and Transactions at Alison Overview
Duration | 6 hours |
Total fee | Free |
Mode of learning | Online |
Schedule type | Self paced |
Official Website | Explore Free Course  |
Credential | Certificate |
Diploma in Accounting - Advanced Controls and Transactions at Alison Highlights
- Earn a diploma of completion from Alison
Diploma in Accounting - Advanced Controls and Transactions at Alison Course details
- Process all the transactions necessary for a merchandising business;
- Calculate the net realizable value and use is as a key performance indicator (KPI);
- Count and manage all the transactions relating to inventory;
- Put in place the controls to help prevent errors in the handling of cash;
- Manage the checking account and petty cash transactions and the associated document flow;
- Calculate, analyze and use the financial results-quick ratio;
- Manage the accounts receivables and payables using the allowance method;
- Calculate provisions to payables, uncollectable etc.;
- Calculate interest on notes receivable or notes payable;
- Analyze and use the financial results—accounts receivable turnover and the number of days' sales in accounts receivable.
- This free online Accounting diploma teaches you about Controls and Transactions
- In accounting, controls help to reduce error rates and fraud, as well as ensuring that procedures are completed in a consistent and rigorous manner
- This course will teach you about advanced controls, as well as the the different transactions, processes, and controls used to record typical business transactions from billings to financial reporting
- You will also learn how to manage accounts receivables, from calculating the provision for uncollectible accounts to the use of aged analysis
- This diploma course will teach valuable knowledge to entrepreneurs and business professionals who would like to better understand what’s involved in the accounting aspects of their business
Diploma in Accounting - Advanced Controls and Transactions at Alison Curriculum
Accounting - Merchandising Transactions
Navigation and Prerequisites
Merchandising Transactions
Gross Selling Price
Returns and Allowances
Cost of Goods Sold
Classified Income Statement
Lesson Summary
Measuring and Reporting Inventory
Merchandise Inventory
Determining Inventory Costs
Four Inventory Costing Methods
Pro’s and Con’s of the Four Costing Methods
Journal Entries for the Peretual Inventory Procedure
Departures from Cost Basis for Inventory Measurement
Lesson Summary
Diploma in Accounting - Advanced Controls and Transactions First Assessment
Diploma in Accounting - Advanced Controls and Transactions First Assessment
Accounting - Control and Monitoring of Cash
Control of Cash
Internal Contols
Controling Cash
The Bank Checking Account
Bank Reconcilliation
Petty Cash Fund
Lesson Summary
Accounting - Receivables and Payables
Accounts Receivable
Uncollectable Accounts
Write-offs and Recoveries
Current Liabilities
Notes Receivable and Note Payable
Short Term Financing through Notes Payable
Lesson Summary
Diploma in Accounting - Advanced Controls and Transactions Second Assessment
Diploma in Accounting - Advanced Controls and Transactions Second Assessment
Diploma in Accounting - Advanced Controls and Transactions Final Assessment
Diploma in Accounting - Advanced Controls and Transactions Final Assessment
Other courses offered by Alison
Diploma in Accounting - Advanced Controls and Transactions at Alison Students Ratings & Reviews
1 Rating- 3-41
Student Forum
Anything you would want to ask experts?