Basic accounting concepts for non-financiers

Important to know:
The course video is English with Romanian subtitles and test questions are in Romanian.

Overview

Finance and accounting are at the heart of every business. Even if your role is not directly related to funding, your activities may still have financial implications. This course explains the basics of finance for non-financial professionals and covers essential concepts of accounting and finance: basic accounting formula, accrual accounting and basic accounting principles. It explores the area of business finance, including how business transactions affect financial statements and the end result. You will go through the four-step accounting process and learn the basics of cash flow management and the four types of financial risk.

 

Objectives

  •  recall of the basic calculation formula
  • recognition of the characteristics of cash-based accounting and commitments
  • correlation of financial activities with the corresponding phase of the accounting process
  • correlation of each basic accounting principle with its description
  • classification of examples of cash flow, such as operational activities, investment or financial
  • recognition of the calculation of potential cash receipts by reducing the financial surplus
  • recognition of the effect that the increase or decrease of working capital has on the cash flow
  • correlation of each type of financial risk with its description

Be the first to add a review.

Please, login to leave a review
Get Course
Enrolled: 13 students
Video: 00:25:21
Level: Introductory

Related Courses

Basic principles in finance
€6.40
Important to know: The course video is English with Romanian subtitles and test questions are in Romanian. Overview Not only the finance department...
Introductory
€6.40
Basic principles in finance
€9.40
Important to know: The course video is English with Romanian subtitles and test questions are in Romanian. Overview Cost-effective management is cr...
Introductory
€9.40
Basic principles in finance
€7.90
Important to know: The course video is English with Romanian subtitles and test questions are in Romanian. Overview Finance and accounting are at t...
Introductory
€7.90
Basic principles in finance
€5.90
Important to know: The course video is English with Romanian subtitles and test questions are in Romanian. Overview Awareness of labor costs ensure...
Introductory
€5.90
Basic principles in finance
€7.90
Important to know: The course video is English with Romanian subtitles and test questions are in Romanian. Overview In today’s business envir...
Introductory
€7.90
Basic principles in finance
€6.40
Important to know: The course video is English with Romanian subtitles and test questions are in Romanian. Overview The goal of any business is to ...
Introductory
€6.40
Individual
Business
Partner

Register as Individual

For those who are individual learners, team members of a business, business professionals.

{{this.errorMessage}}

{{this.successMessage}}

By registering you accept terms and conditions

Already on DB Academy?

Register as Business

Business Leaders / HR Responsibilities / Other company representatives who want to upskill employees.

{{this.errorMessage}}

{{this.successMessage}}

By registering you accept terms and conditions

Already on DB Academy?

Register as Partner

For companies which want to colobrate with DB Academy and publish educational content for their customers.

{{this.errorMessage}}

{{this.successMessage}}

By registering you accept terms and conditions

Already on DB Academy?

Login

Authanticate to DB Academy.

{{this.errorMessage}}

{{this.successMessage}}

New to DB Academy?

Forgot your password?