- Operational flows and processes -
- Accounting production - Accounting production: Know how to implement the accounting processes within the scope of responsibility (personnel costs, PM purchases, other purchases, investments, inventories, product sales, other sales, financial and treasury operations, declarations to third parties).
Fundamentals
Target audience
0.5 day
FinHarmony certificate
Prerequisites
No prior knowledge is required.
Objectives
◗ Identify the main transactions and their accounting entries.
◗ Clearly apply the concepts of origin and destination when recording transactions.
◗ Record a few simple transactions (with and without a cash counterpart).
Training program
◗ Part 1 – The Basics
– Instructional video: Accounting records transactions. A transaction is defined by a source and a destination. By convention, the source is the credit side, and the destination is the debit side. The advantage of T-accounts is that they allow you to calculate the balance at the end of a period.
– Exercise: Recording simple transactions with cash as the offsetting entry
◗ Part 2 – Further Reading
– Instructional video: Some transactions do not involve a cash settlement (such as purchases or sales on credit). How are they recorded?
– Exercise: Recording simple transactions without a cash settlement
Why choose this course?
Finance relies heavily on accounting. Understanding the mechanics of double-entry bookkeeping means gaining a level of familiarity with the subject that makes learning all other aspects of finance easier. Often considered daunting, this topic is covered in this module through instructional videos and educational case studies that you can work through at your own pace and as many times as necessary, until you finally feel comfortable with the material.
Teaching and assessment methods
This course is 100% online and is available on the FinHarmony Digital platform.
The module is designed in a MOOC format to promote dynamic learning: each section includes an instructional video, followed by a hands-on exercise using T-accounts.
Learners can spread their learning over the duration of the subscription (1 month). Once completed, the module can be repeated at will until the end of the subscription period.
Technical and educational support: A forum allows learners to communicate with a tutor.
A FinHarmony certificate is awarded to the learner upon completion of the module.
Price
50 € EXCL. VAT