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Financial Accounting Management

Financial Accounting is a systematic tracking of company's financial transactions. The transactions are recorded, summarized, and presented in Financial Statement of Accounts which is a technical publication which provides a view of the income and expenditure for the year. Financial accounts are part of the company’s accounting system. Companies often use accounting as a way to keep score. Small businesses often find it important to keep score since accurately tracking financial information is the best way to determine the effectiveness and efficiency of their operations. Financial accounts can also provide historical records for making future business decisions.

Financial Accounting Management

Duration of the courses: 120 Hours

Key Benefits

By the end of the course students will be able to track cash management. Financial accounts allow companies to purchase economic resources, goods or services on account from other businesses. These purchases represent trade credit in the business environment. Companies use accounts payable and accounts receivable financial accounts to keep track of this information. Accounts payable represents all money owed to other businesses for resources purchased. Accounts receivable includes all money.

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