Syllabus of Accounting Course in Manchester!

"Take into your dreams of a successful accounting career, with these endorsed accounting courses in Manchester. A study from home at a speed that suits you, with the full support of Future connect training centre in Manchester and London! Our dynamic learning programs are flexible enough to suit your lifestyles and experience levels. "

Table of Contents
    • Why to study accounting and finance courses?
    • Accounts Training Course Syllabus.
    1. Module 1- Accounting Basics.
    2. Module 2- Accounting Concepts and Principles.
    3. Module 3- The Accountant’s Roles and Responsibilities.
    4. Module 4- Subsidiary Books in Accountancy.
    5. Module 5- What is the Balance Sheet?.
    6. Module 6- How to Prepare a Profit and Loss Statement.
    7. Module 7- Statement of Cash Flows.
    8. Module 8- What is Budgeting?
    9. Module 9- Basics of Financial Management.
    10. Module 10- Variance in accounting.
    11. Module 11- Working Capital Management.
    12. Module 12- Importance of Ratio Analysis.

Why to study accounting and finance courses?

It’s no secret that money empowers all aspects of modern life. As a result, the field of accounting and finance is one of definite long-term relevance. From sole traders to well-known businesses to the major multinational brands, skilled accountants support the financial activities of public and private-sector organisations globally. All of which adds up very interesting career opportunities for accounting and finance professionals. Accounting isn’t only about record-keeping but includes profit-maximisation, general financial management and loss-reduction. Bookkeepers make a direct influence on the performance and success of the individuals and organisations they work for. With a certified level of accounting CPD courses on your CV, you’ll be one step nearer to joining this vibrant and thriving sector!

Accounts Training Course in Manchester

Our flexible accounting courses in Manchester include all educational resources and study aids necessary, along with expert tutor provision from start to finish. This accounts training comprises 13 main modules, which achieve with online assessments for submission to your tutor:

Module 1- Accounting Basics

The first module surveys the roles and tasks of the accountant, along with the accounting and finance sector on a more broad level. The objectives and limits of accounting are discussed, alongside a division of the accountancy cycle, the profits of quality accountancy and some of the most corporate challenges in the field.

Module 2- Accounting Concepts and Principles

Inspection of several essential accountancy concepts and philosophies follows in this module 2, which also presents the benefits and challenges of efforts to standardise accounting worldwide. Learners explore the value of creating and applying an effective accountancy framework for carrying more consistent results.

Module 3- The Accountant’s Roles and Responsibilities

This section of accounts training takes a more detailed look at typical bookkeeping duties while introducing the numerous different types of accounting and their respective functions. Students and professionals are introduced to the art of current bookkeeping, along with the model of credit and overview of the important account’s terms.

Module 4- Subsidiary Books in Accountancy

Several documents, journals and reports are discussed in this, along with the actual use of ledgers and their functions in an accounting setting. Professionals learn how and why journals should be retained, along with journal-subdivision practices in accounting and more.

Module 5- What is the Balance Sheet?

The balance sheet is then discussed in module six, specifying the critical importance of balance sheet correctness and the potential consequences of inconsistencies. The learner will study how to effectively produce, analyse and usually work confidently with balance sheets.

Module 6- How to Prepare a Profit and Loss Statement

One of the most vital documents of all is examined in module 5 – the profit and loss statement is the most important income statement. Candidates learn how to formulate income statements, analysed and used as part of a company’s structure, along with the use of profit and loss reports in conjunction with balance sheets.

Module 7- Statement of Cash Flows

This section turns to cash flow statements, in which the model of ‘cash’ from a business perspective is discussed in depth. Working capital change analysis with how working capital can be obtained, the use of fund flow statements and aspects than can influence both on-hand cash and capital.

Module 8- What is Budgeting?

Economic planning and the art of budgeting are examined, which outlines the purposes of budgeting and a series of a common method to effective budgeting. The learner discusses performance budgeting zero-based budgeting, control ratios and budget classifications.

Module 9- Basics of Financial Management

Learners are then presented with the idea of financial management, along with its association with and differences to accountancy. Topics include the establishment of financial goals, how to deal with contradictory goals, the trade-off and numerous key financial functions in the field of accounting and finance.

Module 10- Variance in accounting

It explores the concept of variance, describing the functions and importance of precise and ongoing variance analysis. Candidates study how to consider and analyse numerous key variance categories, plus sales variance, labour variance, overhead variance and cost variance.

Module 11- Working Capital Management

Working capital management in an organisation’s financial events is discussed, incorporating numerous tips and techniques for more effective working capital administration. Cash flow management is essential along with the various forms of working capital, classifying issues in working capital management and more.

Module 12- Importance of Ratio Analysis

At the end of accounting courses online module 12 establish deeper into the art of effective ratio analysis of proactive variance control. The learner discusses the norms for evaluation, the primary ratio and the significances of substandard ratio analysis strategies.

These accounting CPD courses have been endorsed under the accountancy body of the Manchester. It means that Future connect training in Manchester has undergone a quality check to ensure that the organisation performances, defined quality criteria.