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This training program helps you develop a basic understanding of accounting and financial principles. Through specific examples and a simulation-type case study, you learn how to use financial information in making evaluations and decisions that are directly related to your business. This program will not make you an accountant. Accountants are technical specialists engaged in accumulating and reporting financial information. This program will help you understand accounting methods and the meaning of the information that accountants develop and interpret so that you can use that information from a business viewpoint.
You Will Learn:
Basic accounting principles and basic financial concepts used by companies
The similarities and differences between financial accounting and management accounting
Basic concepts used in recording transactions
Essential financial statements, including the Balance Sheet and Income Statement, and how to use financial information in decision-making
Accepted principles for measuring financial performance, and the impact of financial decisions on a company’s financial performance
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