Basic Accounting Concepts for Non-financial Professionals

  • 9 Videos | 29m 24s
  • Includes Assessment
  • Earns a Badge
  • Certification PMI PDU
Likes 635 Likes 635
Finance and accounting are at the heart of every business. Even if your role isn't directly related to finance, your activities may still have financial implications. This course explains the basics of finance for non-finance professionals, and covers key accounting and finance essentials and concepts: the basic accounting equation, accrual-based accounting, and basic accounting principles. It explores business finance, including how business transactions affect financial statements and the bottom line. You'll walk through the four-step accounting process, and you'll learn the fundamental principles of cash flow management and the four types of financial risk.

WHAT YOU WILL LEARN

  • recall the basic accounting equation
    recognize the characteristics of cash- and accrual-based accounting
    match financial activities to the appropriate phase of the accounting process
    match each basic accounting principle to its description
  • classify examples of cash flow as operating, investing, or financing activities
    recognize how to calculate the potential cash gain by reducing Economic Float
    recognize the effect an increase or decrease in working capital has on cash flow
    match each type of financial risk to a description

IN THIS COURSE

  • Playable
    1. 
    Basic Accounting Concepts for Non-financial Professionals
    41s
    UP NEXT
  • Playable
    2. 
    The Basic Accounting Equation
    3m 21s
  • Locked
    3. 
    Cash-based and Accrual-based Accounting
    3m 4s
  • Locked
    4. 
    Understanding the Accounting Process
    3m 15s
  • Locked
    5. 
    Basic Accounting Principles
    3m 9s
  • Locked
    6. 
    Cash Flow Principles
    3m 10s
  • Locked
    7. 
    The Impact of Economic Float on Cash Flow
    3m 5s
  • Locked
    8. 
    Working with Capital to Increase Cash Flow
    3m 1s
  • Locked
    9. 
    Negating Financial Risk Like a Pro
    2m 37s

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion of this course, which can be shared on any social network or business platform

Digital badges are yours to keep, forever.

PEOPLE WHO VIEWED THIS ALSO VIEWED THESE

Likes 262 Likes 262  
Likes 1054 Likes 1054  
Likes 480 Likes 480