Introduction to Financial Accounting

Description

Introduction to Financial Accounting – RCM Online College

Master the Fundamentals of Financial Accounting

The Introduction to Financial Accounting course at RCM Online College provides a comprehensive foundation in accounting principles, financial record-keeping, and reporting. Whether you’re an aspiring accountant, business owner, or finance professional, this course equips you with the essential skills to understand, analyze, and manage financial transactions effectively.

Course Overview:

This course covers the fundamental accounting concepts and techniques used in financial reporting. Learners will gain practical skills in bookkeeping, financial statement preparation, and compliance with International Financial Reporting Standards (IFRS).

Key Learning Areas:

1. Introduction to Accounting & Financial Statements:

• Understanding accounting principles and concepts
• Importance of financial accounting in business decision-making
• Overview of balance sheets, income statements, and cash flow statements

2. The Accounting Cycle:

• Recording business transactions using the double-entry system
• Journals, ledgers, and trial balances
• Bank reconciliations and correcting errors

3. Bookkeeping & Financial Records:

• Cash and accrual accounting methods
• Managing accounts receivable, accounts payable, and payroll
• Recording sales, purchases, and inventory transactions

4. Preparing Financial Statements:

• Understanding profit and loss statements
• How to analyze a balance sheet
• Preparing cash flow statements for financial health assessment

5. Accounting Standards & Compliance:

• Introduction to International Financial Reporting Standards (IFRS)
• Ethical considerations in financial reporting
• Taxation basics and financial regulations

Why Study Financial Accounting at RCM Online College?

✅ Expert Tutors – Learn from experienced accountants & finance professionals.
✅ Hands-on Learning – Gain practical skills with real-world case studies.
✅ Flexible Study Options – Access self-paced or live online classes.
✅ Exam-Oriented Approach – Get revision materials, mock exams & past papers.
✅ Affordable Fees – Competitive pricing with payment plan options.
✅ Career Advancement – Build a strong foundation for CPA, ACCA & business finance.

Who Should Enroll?

✔ Beginners & students looking to start a career in accounting & finance.
✔ Small business owners who want to manage their financial records.
✔ Professionals seeking to improve their financial reporting & bookkeeping skills.
✔ ACCA & CPA candidates who need fundamental accounting knowledge.

Enroll Today!

Start your accounting journey with the Introduction to Financial Accounting course at RCM Online College. Visit our website, email [email protected], or call +254719525000 to register now! 🚀