#Professional Accounting & Finance Course In Rahim Yar Khan

Rahim Yar Khan, Punjab | Ad ID: 464844 |

Rahim Yar Khan
City

Punjab
Region

#Professional Accounting & Finance Course In Rahim Yar Khan Services in Pakistan

As the introductory course for the accounting degree program, the course introduces the basic
framework of accounting to all students majoring in accountancy. It exposes accounting students to
underlying accounting concepts and constraints, and helps them in preparation of financial records,
financial statements, and analysis of the major financial statements. Must be taken by all accounting
majors.
Financial Accounting information is designed primarily to assist investors and creditors in deciding where to place their scarce investment resources. Such decisions are important to society, as they determine which industries and companies and even countries will receive the financial resources necessary for growth, and which will not. Many other decision makers also make use of financial accounting information. A company’s manager and employees constantly need such information in order to run and control business operations
This course is an introduction to the basic concepts and standards underlying financial accounting systems. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. The course emphasizes the construction of the basic financial accounting statements - the income statement, balance sheet, and cash flow statement - as well as their interpretation.
Upon completing this course, students will be able to:
1.Describe the system of accounting standards and principles.
2.Demonstrate the accrual method of accounting and the accounting cycle.
3. Prepare a balance sheet, income statement, statement of changes in equity, and a statement of cash
flows using both the indirect and direct method.
4.Identify the objectives and procedures of internal control.
5.Account for short-term investments, receivables, and inventories.
6.Account for the purchase, amortization, and derecognition of tangible and intangible long-term assets.
7.Account for bonds issued at par, a discount, or a premium by the effective interest method, including
interest payments for full and partial periods.
8.Journalize shareholder’s equity transactions for share issue, repurchase, and both cash and stock
dividends.
9.Analyze financial statements utilizing horizontal and vertical analysis and ratio analysis
International College of Technical Education.
http://www.icollegete.com/
Head Office :
Office # 27, Second Floor, Maryam Shadi Hall Plaza
(Airies Plaza), Shamsabad, Murree Road,
Rawalpindi, Pakistan 46000.
Email : [email protected]
Contact : 051-8736681, 0311-5193625, 0092-335-4176949
#Professional Accounting & Finance Course In Rahim Yar Khan services are available in Pakistan at affordable price.