"Take into your dreams of a successful accounting career with these endorsed accounting courses in Manchester. With Future Connect, you can now study from home at a speed that suits you, with the full support of Futureconnect training centres in Manchester and London! Our dynamic learning programs are flexible enough to suit your lifestyle and experience."
Why Study Finance and Accounting Courses?
It's no secret that money empowers all aspects of modern life. As a result, the fields of accounting and finance are ones of definite long-term relevance. From sole traders to well-known businesses to major multinational brands, skilled accountants support the financial activities of public and private-sector organisations globally. These all add to very interesting career opportunities for accounting and finance professionals. Accounting isn't only about record-keeping but also includes profit-maximization, general financial management, and loss-reduction. Bookkeepers directly influence the performance and success of the individuals and organisations they work for. With a certified level of CPD accounting courses on your CV, you'll be one step nearer to joining this vibrant and thriving sector!
Accounting Training Course Syllabus
Our flexible accounting courses in Manchester include all the necessary educational resources and study aids, along with expert tutor provision from start to finish. This account training comprises 13 main modules, which are assessed 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 broader level. The objectives and limits of accounting are discussed, alongside a division of the accounting cycle, the profits of quality accountancy, and some of the most corporate challenges in the field.
Module 2- Accounting Concepts and Principles
Accountancy training in module 2 covers essential concepts that present the benefits and challenges of efforts to standardise accounting worldwide. Learners of the accounting courses explore the value of creating and applying an effective accountancy framework for 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 trained in the art of current bookkeeping, the model of credit, and an overview of the important account's terms.
Module 4- Subsidiary Books in Accountancy
Accountancy discusses several documents, journals, and reports, along with the actual use of ledgers and their functions in an accounting setting. Professionals learn how and why journals should be retained, journal-subdivision practices in the accounting courses and more.
Module 5- What is the Balance Sheet?
The balance sheet is then discussed in module six, specifying the 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 examined in module 5 – the profit and loss statement, is the most important income statement. Candidates learn how to formulate income statements, analyse and use them as part of a company's structure, and use 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 that can influence 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 common methods for effective budgeting. After learning accounting courses, 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 and its association with and differences from accountancy. Topics include establishing financial goals, dealing 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 takes you deeper into the art of effective ratio analysis and proactive variance control. The learner discusses the norms for evaluation, the primary ratio, and the significance of substandard ratio analysis strategies.
The accountancy body of Manchester has endorsed these CPD accounting courses. It means Future Connect training in Manchester has undergone a quality check to ensure that the organisation's performance defines quality criteria.