Course Brief
Accounting Studies is designed to allow learners to understand the basics of Accounting and how to prepare financial statements for various business structures. It will look at ways a business can increase its overall profitability and maximize shareholders' wealth.
- This course is offered in 60 contact hours.
Upon successful completion of this unit, learners will be able to:
- Understand the nature and scope of accounting
- Perform Double Entry Book-Keeping
- Prepare Financial Statements
- Prepare Cash Flow Statement
- Interpret Financial Ratios
- Understand Management Accounting
- Perform Breakeven Analysis
- Perform Budgeting
Understand the nature and scope of accounting:
- Purpose of Accounting
- Rules of Accounting
- Accounting Periods
- The Fundamental Concepts of Accountancy
- An Important Note about Accounting Terminology
Double Entry Book-Keeping:
- Principles of Double Entry Book-Keeping
- Recording Transactions
- The Accounting Equation
- Balancing Accounts
- Producing Trial Balance
Financial Statements:
- Business Structures
- Basic Financial Statements of Sole Trader
- Financial Statements Incorporating Adjustments
- Financial Statements of Partnership
- Financial Statements of Limited Company
Cash Flow Statement:
- Introduction
- Uses of Cash Flow Statement
- Contents of Cash Flow Statement
Interpret Financial Ratios:
- Definition of Accounting Ratios
- Accounting Ratios i.e. Profitability, Liquidity, Efficiency
- Interpretation of Accounting Ratios
Management Accounting:
- The Nature of Management Accounting
- Cost Classification and Cost Behavior
- Costing Principles and Techniques
Breakeven Analysis:
- Breakeven Formulas and Calculations
- Break Even Chart
- Profit –Volume Chart
- Limitations of Breakeven Analysis
Budgeting:
- Overview of Budgets
- Types of Budget
- Budget Preparation
- Diploma in Applied Business Studies
Secure your foundation for a degree and career in Business, Human Resource Management and Marketing.
The Diploma in Applied Business Studies, awarded by SBCS Global Learning Institute Ltd, is a Pearson (UK) and ACTT approved programme, designed for CSEC / CXC graduates as an alternative to CAPE or 6th Form. It provides such learners with the opportunity to pursue a higher level qualification in a Business discipline, by enabling a seamless transfer from Secondary to Post-secondary education.
Graduates of this Diploma programme will progress directly to the ABE Level 5 Diploma in Business Management and then onto the final year of an undergraduate degree; BA (Hons) Business Management, BA (Hons) Business and Marketing, or BA (Hons) Business and HRM from the University of Sunderland.
Click here to see our full suite of Foundation programmes, or here for our 2020 academic schedules.
Related Courses:
- Short Business Courses
- Short Information Technology Courses
- ABE Level 4 Foundation Diploma in Business Management
- ABE Level 5 Diploma in Business Management
- BA (Hons) Business Management
- BA (Hons) Business and Marketing
- BA (Hons) Business and HRM
- Master of Business Administration
- Doctor of Business Administration
- Matriculation to Higher National Diploma: Business
Secure your foundation for a degree and career in Business, Human Resource Management and Marketing.
The Matriculation to the Higher National Diploma (HND) in Business is a Pearson (UK) and ACTT approved Foundation programme, geared toward CSEC / CXC graduates as an alternative to CAPE or 6th Form. It provides such learners with the opportunity to pursue a higher level qualification in a Business discipline, by enabling a seamless transfer from Secondary to Post-secondary education.
Graduates of the Matriculation programme will progress directly to Pearson's Higher National Diploma (HND) in Business and then onto the final year of an undergraduate degree; either the BA (Hons) Human Resource Management from the University of Greenwich, or BA (Hons) Business Management or BA (Hons) Business and Marketing from the University of Sunderland.
Click here to see our full suite of Foundation programmes, or here for our 2018 academic schedules.
Related Courses: