Course content
1. Financial Accounting: Introduction to the basic principles and concepts of financial accounting, including recording financial transactions, preparing financial statements, and analyzing financial data.
2. Managerial Accounting: Understanding the use of accounting information for internal decision-making, cost analysis, budgeting, and performance evaluation.
3. Accounting Software: Introduction to popular accounting software applications, such as QuickBooks or Sage, and hands-on training on how to use them for various accounting tasks.
4. Payroll Accounting: Principles and procedures involved in processing payroll, calculating wages, deductions, and taxes, and ensuring compliance with employment laws and regulations.
5. Taxation: Basics of taxation, including individual and business tax principles, tax forms, and regulations. Students may learn about tax planning, deductions, and credits.
6. Financial Statement Analysis: Techniques for interpreting and analyzing financial statements to assess the financial health and performance of an organization.
7. Cost Accounting: Understanding and analyzing the costs associated with producing goods or providing services, including job costing, process costing, and cost-volume-profit analysis.
8. Auditing: Introduction to the principles of auditing, including the role of auditors, audit procedures, and ethical considerations.
9. Business Law and Ethics: Overview of legal and ethical issues relevant to the field of accounting, including contract law, business ethics, and professional standards.
10. Excel for Accounting: Practical training on using Microsoft Excel for various accounting tasks, such as data analysis, financial modeling, and creating spreadsheets.
Assessment
The assessment is done via submission of assignment. There are no written exams.
London School of International Business