
The free online course on the streams of accounting, preparing financial statements and the structure of balance sheet. The free online course on financial accounting teaches you about the streams of accounting, as well as the concept of financial statements and the basic structure of a balance sheet. You will learn about the components of a profit and loss account, as well as the concept of conservatism and depreciation. You will also be able to explain the concept of ratio analysis. Start this course today to improve your understanding of financial accounting.
| Course Category | Accountancy, Business |
| Course Type | Online Learning |
| Course Qualification | CPD Diploma |
| Course Duration | 10-15 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world's largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | In This Free Course, You Will Learn How To • Explain the difference between tangible and intangible assets • Outline the equation for assets and owners fund • List the elements of the profit and loss account • List the three qualitative characteristics of conservatism • Explain the importance of a cash flow statement to investors • Describe the meaning of the term corporate governance • Explain what is meant by a Minimum Alternate Tax • Identify the formula for calculating profit and loss • Define Appropriation of Profit in accounting • Explain what is meant by market capitalization in accounting • Explain the importance of an income statement • Explain the two major financial statement analyses |
| Course Code | 2712 |



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