Basics and Purpose of Accounting
Stages of Business and Accountability
Journal ; Ledger; Trial Balance ; Final Accounts
Accounting Concepts: Going Concern, Entity Concept, Money Measurement etc
Definitions and Detailed Explanations on the following terms:
- Assets
- Liabilities
- Equity share Capital and Other Equity
- Share Capital: Authorized Capital, Issued Capital, Subscribed Capital, Paid-up capital:
- Right shares, Sweat Equity , Bonus Shares , Preference Shares
- Tangible & Intangible Assets
- Non-current, Fixed and Current Assets
- Difference between Liquid Assets and Cash Equivalents
- Depreciation & Amortization
- Difference between Patent, Copyright, Trademark and License
- Goodwill, Measurement of Goodwill, Impairment
- Exceptional Items
- Accounting Equation
Understanding the 3 key financial statements
The Balance Sheet: Understanding terms from actual balance sheet
Balance Sheet: Reverse Engineering-story behind numbers; Fund Flow
The Profit and Loss Statement:
- Explanation for confusable terms like
- Revenue
- Sales
- Income
- Earning
- Top Line
- Bottom Line
- Gross Profit, Operating Profit, Net Profit
- EBITDA, EBIT, COGS, NOPAT, Working Capital
The Cash flow Statement: Explanation of activities in the Financing, Investing and Operating categories
Cash Flow: Direct and Indirect Method
Relationship between the 3 Financial Statements
Ratio Analysis: In-depth analysis and applications
- Gross Profit Margin, Operating Profit Margin, Net Profit Margin
- Current and Quick Ratio
- Debt to Assets and Debt to Equity Ratio
- Asset Turnover Ratio and Asset Turnover Days
- DSO, DPO
- DIO, CCC
- ROE and ROCE
- Du Pont Analysis
What you will get?
Certificate of Completion acceptable at all B-schools
Prerequisites
Uninterrupted Internet Connection with a smartphone/Laptop.
Who is it for?
Must attend Workshop for anyone wishing to do PGP/MBA in any domain or Specialization.