E-learning - Understanding debit and credit - How do T-accounts work? [FHCOMT]
  • 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).

Acquire the fundamentals

Target audience

- Non-financial people who want to understand the basic mechanism of double-entry bookkeeping: debit-credit.

0.5 day

FinHarmony certificate

Prerequisites

Prerequisites : no prior knowledge required

E-learning - How do T-accounts work?

Online training for non-financial professionals who want to understand the basic mechanism of double-entry bookkeeping: debit-credit.

Objectives

◗ Identify the main transactions and how they are reflected in the accounts

◗ Apply the concept of origin and destination in recording operations, in a clear manner

◗ Accounting for a few simple transactions (with and without cash counterparty)

Online training program

1 MOOC format module (20 minutes)

Part 1: The basics

- Educational video: Accounting records transactions. A transaction is defined by an origin and a destination. By convention, the origin is the credit, the destination the debit. The advantage of T-accounts is that you can balance them at the end of a period.

- Exercise: accounting for simple non-cash transactions

Part 2: Further information

- Educational video: Some transactions have no cash counterpart (e.g. purchases or sales on credit). How are they accounted for?

- Exercise: accounting for simple non-cash transactions.

Why choose this course?

Finance is largely based on accounting.
Understanding the mechanism of double-entry bookkeeping brings you to a level of familiarity with the subject that facilitates all other learning in finance.
Often regarded as a daunting subject, this module uses instructional videos and case studies that you can follow at your own pace and as many times as you need, until you're finally at ease.

Teaching and assessment methods

This training course is 100% online on the FinHarmony Digital platform.

  • The module is built around a MOOC format for dynamic learning: each part contains an instructional video, followed by practical application 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 pedagogical support: a forum enables learners to communicate with a tutor.
  • A FinHarmony certificate is awarded to the learner on completion of the module.

See our full training catalog.

Price

50 € EXCL. VAT

Training time: 0.5 hours
Start date: Free