# Financial Accounting 

> Join Edoxi's 20-hour Online Financial Accounting Classes to develop your knowledge and skills in financial reporting, analysis, and decision-making. Enrol now.

## Course Details
- Rating: 4.9/5 (200 reviews)
- Category: Business & Management
- Sub-Category: Accounting & Finance 

## Course Introduction
Edoxi’s 20-hour Online Financial Accounting Course helps you build a strong foundation in accounting. You learn how to read and understand financial statements. The course covers key topics like financial reporting, basic accounting principles, and techniques. It also supports your preparation for the CPA exam. You gain practical experience through hands-on Microsoft Excel exercises focused on real-world financial analysis. You learn how managers, analysts, and business owners utilise financial data to make informed decisions. Enrol now to boost your skills and career opportunities.

## Course Overview
- Delivery Modes: Online
- Course Duration: 20 Hours 
- Corporate Days: 3 Days
- Level: All Levels
- Modules: 8

## What Do You Learn from Our Financial Accounting Course?

**Master the Double-Entry Accounting System**
You gain expertise in the double-entry accounting framework by exploring contemporary rules of debit and credit. Understanding the core accounting equation equips you with the skills required to record business transactions accurately.

**Financial Statement Preparation and Analysis**
You discover how to construct and interpret vital financial documents, including balance sheets, income statements, and cash flow statements. This training ensures compliance with GAAP and IFRS standards for accurate financial reporting.

**Ratio Analysis and Performance Evaluation**
You learn to assess a company’s liquidity, solvency, and profitability by mastering important financial ratios. This knowledge empowers you to make informed decisions and effectively analyze business performance.

**Business Financial Management**
You explore essential concepts, including revenue recognition, expense matching, and inventory valuation techniques. This understanding enhances your ability to manage finances effectively while ensuring compliance with financial regulations.

**Professional Financial Reporting**
You learn to identify red flags in financial reports and gain essential skills in bank reconciliation and comprehensive financial statement analysis. This expertise is vital for efficient financial management.

**MS Excel Integration**
You enhance your data handling and financial reporting efficiency by mastering financial analysis tools in Microsoft Excel, preparing you to tackle complex accounting tasks with confidence.

## About This Course
## About Our  Financial Accounting Course

Edoxi’s Financial Accounting course presents a fantastic opportunity if you are eager to grasp key accounting principles and boost your financial reporting abilities. This 20-hour Online Financial Accounting course can be customized for corporate groups for over three days. 

Our Financial Accounting training not only enhances your professional communication skills but also opens doors to career advancement, job security, and international prospects. This course breaks down complex accounting concepts into easy-to-understand insights that you can apply right away in your job. It’s perfect for both aspiring finance professionals and non-financial managers looking to enhance their skills in financial reporting, budgeting, and strategic planning.

If you’re just starting in accounting, this course provides a strong foundation for making informed financial choices. You also become proficient in popular accounting software like Tally, Zoho Books, and QuickBooks.

Our training focuses on active, hands-on learning. You work with real-world case studies and practical exercises, analyzing actual financial statements while learning to interpret income statements and balance sheets. Additionally, you learn to perform ratio analyses to evaluate the financial health and develop skills for tracking transactions and using automation tools, crucial for maintaining precise financial records.

This comprehensive approach equips you to manage cash flow effectively, control expenses, and create robust budgets that support sound financial decision-making. By merging modern accounting practices with computerized systems, the program enhances your financial literacy and covers essential topics such as tax planning and financial statement analysis. This knowledge helps you align your business goals with financial results.

For non-financial professionals in marketing or operations, our Financial Accounting course is tailored to meet your needs. During the training, we emphasis on financial reporting, budgeting, and strategic planning. Take the first step towards enhancing your financial literacy and professional skills. Enroll now.

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## Key Features Edoxi's Financial Accounting Course

**Real-World Financial Statement Analysis**
Explore the financial statements of actual companies to enhance your skills in performance evaluation, cash flow comprehension, and profitability assessment, ultimately bolstering your practical financial expertise.

**Personalized Learning Experience**
Enjoy a tailored educational journey with a low student-to-teacher ratio, ensuring personalized attention and guidance to meet your unique learning requirements throughout the course.

**Hands-On Transaction Recording**
Acquire practical experience in documenting business transactions and preparing financial reports, enabling you to grasp accounting entries in real-world scenarios.

**Strong Accounting Foundations**
Build a robust understanding of accounting principles, improving your proficiency in using software like Tally, Zoho Books, and QuickBooks for financial operations.

## Who Can Join Our Financial Accounting Training?

**Students and Recent Graduates**
If you seek a solid foundation in financial accounting and preparation for professional certifications to boost employability in finance.

**Entrepreneurs and Business Owners**
If you want to learn to interpret financial statements and make informed decisions based on accounting principles.

**Department Managers and Team Leaders**
If you’re looking to enhance budget management and financial reporting skills for improved departmental performance.

**Non-finance professionals**
If you want to grasp essential accounting concepts to manage budgets and understand financial reports effectively.

**Career Transitioners**
If you wish to gain a comprehensive knowledge of modern accounting principles while transitioning to finance roles.

## Financial Accounting Course Modules

### Module 1: Overview of Accounting and How it Relates to Your Business and Job

**Chapter 1.1: Introduction to Accounting**
- Lesson 1.1.1: Definition and Purpose of Accounting
- Lesson 1.1.2: Importance of Accounting in Business and Decision-Making
- Lesson 1.1.3: Key Accounting Terms and Concepts

**Chapter 1.2: The Role of Accounting in Different Job Functions**
- Lesson 1.2.1: Accounting for Business Owners and Managers
- Lesson 1.2.2: Accounting for Non-Financial Personnel
- Lesson 1.2.3: How Accounting Affects Daily Business Operations

### Module 2: The Recording Process Using a Double Entry System (Simplified for Non-Accounting Personnel)

**Chapter 2.1: Fundamentals of the Double-Entry System**
- Lesson 2.1.1: Principles of Debit and Credit
- Lesson 2.1.2: Understanding Accounts: Assets, Liabilities, and Equity
- Lesson 2.1.3: How Transactions Affect Financial Statements

**Chapter 2.2: Recording Business Transactions**
- Lesson 2.2.1: Identifying Source Documents
- Lesson 2.2.2: Posting Transactions to Ledger Accounts
- Lesson 2.2.3: Trial Balance and Error Detection

### Module 3: The Preparation of Financial Statements and Understanding What They Mean

**Chapter 3.1: Introduction to Financial Statements**
- Lesson 3.1.1: Purpose and Components of Financial Statements
- Lesson 3.1.2: Understanding Financial Reporting Standards

**Chapter 3.2: Profit and Loss Statement (Income Statement)**
- Lesson 3.2.1: Structure and Components of an Income Statement
- Lesson 3.2.2: Revenue, Expenses, and Profit Calculation
- Lesson 3.2.3: Analyzing Business Performance through the Income Statement

**Chapter 3.3: Balance Sheet**
- Lesson 3.3.1: Understanding Assets, Liabilities, and Equity
- Lesson 3.3.2: Interpreting the Financial Position of a Business
- Lesson 3.3.3: Relationship Between the Balance Sheet and Other Financial Statements

### Module 4: Books of Original Entry and Journal Entries

**Chapter 4.1: Books of Original Entry**
- Lesson 4.1.1: Purpose and Importance of Books of Original Entry
- Lesson 4.1.2: Types of Books: Sales, Purchases, Cash Book, and General Journal

**Chapter 4.2: Journal Entries and Posting**
- Lesson 4.2.1: The Structure of a Journal Entry
- Lesson 4.2.2: Recording Common Business Transactions
- Lesson 4.2.3: Correcting Errors in Journal Entries

### Module 5: Ratio Analysis

**Chapter 5.1: Introduction to Ratio Analysis**
- Lesson 5.1.1: Purpose and Importance of Financial Ratios
- Lesson 5.1.2: Categories of Financial Ratios

**Chapter 5.2: Key Financial Ratios and Their Interpretation**
- Lesson 5.2.1: Liquidity Ratios – Current Ratio, Quick Ratio
- Lesson 5.2.2: Profitability Ratios – Gross Profit Margin, Net Profit Margin
- Lesson 5.2.3: Efficiency and Solvency Ratios

### Module 6: Key Features of a Computerized Accounting System and How It Works

**Chapter 6.1: Introduction to Computerized Accounting**
- Lesson 6.1.1: Benefits of a Computerized Accounting System
- Lesson 6.1.2: Common Accounting Software and Their Features

**Chapter 6.2: How a Computerized Accounting System Works**
- Lesson 6.2.1: Setting Up an Accounting System
- Lesson 6.2.2: Data Entry and Processing
- Lesson 6.2.3: Generating Reports and Financial Statements

### Module 7: Understanding Accounting and Financial Information

**Chapter 7.1: Importance of Financial Information**
- Lesson 7.1.1: Who Uses Financial Information?
- Lesson 7.1.2: Impact of Financial Data on Business Decisions

**Chapter 7.2: Reading and Interpreting Financial Reports**
- Lesson 7.2.1: Key Components of Financial Reports
- Lesson 7.2.2: Identifying Red Flags and Trends in Financial Reports

### Module 8: The Role and Uses of Cost and Management Accounting

**Chapter 8.1: Introduction to Cost and Management Accounting**
- Lesson 8.1.1: Differences Between Financial Accounting and Management Accounting
- Lesson 8.1.2: The Role of Cost Accounting in Business

**Chapter 8.2: Key Costing Methods and Techniques**
- Lesson 8.2.1: Fixed, Variable, and Overhead Costs
- Lesson 8.2.2: Break-even Analysis and Cost-Volume-Profit Analysis
- Lesson 8.2.3: Budgeting and Forecasting in Management Accounting

## Hands-On Lab Activities

**Cash Flow Analysis**
Gain insights into preparing and analyzing cash flow statements using authentic business data.

**Profit & Loss Statement Creation**
Develop essential skills in creating and interpreting profit and loss statements, crucial for understanding financial health.

**Profitability Analysis**
Learn to conduct comprehensive company profitability assessments based on financial data to gauge success.

**Ratio Analysis Implementation**
Discover how to utilize ratio analysis techniques to effectively evaluate and enhance business performance.

## Financial Accounting Course Outcome and Career Opportunities
Edoxi’s Financial Accounting Course helps you build essential skills needed in today’s global job market. While the course may not guarantee a job, it gives you a strong foundation in accounting that supports career growth in many areas.

- You learn key financial principles and reporting practices that prepare you for entry-level accounting roles.
- The course helps you get familiar with popular tools like Tally, Zoho Books, and QuickBooks, which are widely used by companies.
- You gain the skills to read financial data, evaluate performance, and support smart business decisions in any organization.
- The course builds a solid foundation in financial accounting, helping learners who plan to pursue professional certifications like the CPA.

## Job Roles After Completing Edoxi’s Financial Accounting Course
Junior Accountant, Accounts Assistant, Financial Analyst (Entry-Level), Payroll Assistant, Accounting Software Operator, Finance Assistant, Audit Assistant, Billing Executive

## Financial Accounting Training Options

**Live Online Training**
- 20 Hours of Classroom Training
- Personalized Virtual Sessions
- Convenient Remote Access
- Real-Time Interaction
- Flexible Timing (9 AM - 9 PM)
- Weekday and weekend batches

**Corporate Training**
- Intensive 3-Day Training Format
- Customized Learning Approach
- Group Learning Benefits
- Professional Development Focus
- Training at the client’s office, hotel or Edoxi.

## How to Get Financial Accounting Certified?
Here’s a four-step guide to becoming a certified Financial Accounting professional.

1. Join Edoxi’s Financial Accounting training
2. Complete the Expert-led Financial Accounting course
3. Complete Projects and Case Studies
4. Get Edoxi’s Financial Accounting Course Completion Certificate

## Frequently Asked Questions

**Q: Are there any prerequisites to joining Edoxi's Financial Accounting class?**
A: To enrol in Edoxi's Financial Accounting course, you only need a basic understanding of mathematics. Our curriculum starts with the fundamentals, making accounting principles accessible to everyone.

**Q: What is the average global salary earned by a financial accounting professional?**
A: As a financial accounting professional, your average global salary can range between $45,000 – $90,000 per year, depending on your experience, location, and qualifications. Entry-level professionals typically earn around $45,000, while mid-level accountants earn approximately $60,000 to $75,000. Senior-level and certified professionals can earn $90,000 or more annually, especially in regions with high demand for financial expertise. Gaining professional certifications and advanced skills in financial accounting can significantly boost your earning potential worldwide.

**Q: Do I need prior accounting knowledge to join the Financial Accounting Course?**
A: No, this course is specifically designed for beginners.

**Q: What are the industrial applications of Financial Accounting?**
A: Financial accounting has valuable applications in various sectors, including:

- Corporate environments

- Small businesses

- Startups

- Financial consulting firms

**Q: Does the Financial Accounting course include practical learning?**
A: Absolutely! You engage with real-world financial statements during the course.

## Why Choose Edoxi for Financial Accounting Training?
Here are several compelling reasons to select Edoxi for your Financial Accounting course


**Personalized Learning Experience**
At Edoxi, we prioritize your individual needs by offering tailored training that allows for more one-on-one interaction with instructors. This personalized approach helps you better grasp challenging accounting concepts through guidance that aligns with your unique learning style.

**Flexible Training Schedule**
Recognizing the demands of a busy lifestyle, we provide classes on weekdays and weekends. This flexibility empowers you to incorporate training into your schedule seamlessly, allowing you to balance education with other responsibilities.

**Multiple Learning Options**
Choose how you want to learn–through in-person classes, online sessions, or corporate training at your workplace. Regardless of the format you select, we guarantee the same high-quality instruction and support throughout your educational journey.

**Experienced Instructor**
Our experienced trainer brings over 10 years of expertise in finance and accounting, ensuring you receive effective instruction from someone with real-world insights into the field. You learn from a professional who understands both the subject matter and the best teaching practices.

**Course Completion Certification**
Upon completing the course, you receive a certificate that is widely recognized in the industry, demonstrating your solid understanding of financial accounting, an asset for advancing your career.

## Trainer
- Name: Asim Nath Dubey
Asim Nath is an Accounting and Microsoft Office trainer at Edoxi Training Institute. He has over 13 years of training experience and has successfully trained more than 3000 professionals in Accounting and Microsoft Office applications. Asim’s specialisations include Financial Accounting, Tally, Zoho and Quickbooks. His background in financial accounting adds valuable insights to business presentation training.

Asim is an expert in MS Office, including PowerPoint, Excel, and Power BI, positioning him as a well-rounded specialist in the Microsoft Suite. Asim employs a practical, business-focused teaching methodology. His one-to-one training approach ensures each student receives personalized attention. He emphasizes real-world applications, helping professionals create impactful business presentations.

## Enrol in This Course
- Course URL: https://www.edoxi.com/financial-accounting-course
- Phone: +971 43801666
- Email: info@edoxi.com