Accounting in the Changing Business Environment

Develop Analyzing and Interpreting Business Information Knowledge

This course provides an understanding of analyzing and interpreting business information. It enables bookkeepers and accountants to transform from a knowledge of recording and reporting business transactions to analyzing and interpreting business information.

Course Overview

Accounting process automation, which includes automated data capture, data analytics, and artificial intelligence, is transforming bookkeeping and accounting. Technology has greatly reduced or eliminated the need for humans to perform recording and reporting procedures. Rather than gathering information, today's bookkeepers and accountants are now required to understand, analyze, and interpret information. Instead of performing recording and reporting procedures, bookkeepers and accountants must learn to think like business professionals.

Business professionals think about bottom-line consequences such as: If I do this or that, how will it affect my company's financial position, profit, and cash flow? The course uses a financial statements model to educate bookkeeper and accountants how to develop this thought process. The model arranges the balance sheet, income statement, and statement of cash flows horizontally across a single line of text to understand the financial position, profit, and cash flow consequences of certain decisions.

Course Length

The course is a fourteen-week course (one session per week). However, the course is an on-demand, self-study, self-paced course. Therefore, the length of the course is determined by the time you dedicate to the course and your understanding of bookkeeping and accounting.

Important: When you order the course, we email you the course access code and instructions. If you don't receive the email, check your Junk mail. If you order after 5:00 pm MT (4:00 pm PT, 6:00 pm CT, 7:00 pm ET), we email the course access code and instructions the morning of the next business day. We’re closed on weekends and major holidays. The code provides you access to the course for 6 months beginning from the time you access the course. Please don’t access the course until you’re ready to begin the course.

Course Format

eLearning, or electronic learning, is the delivery of learning through digital resources. eLearning is based on formalized learning, but it's provided through electronic devices such as computers, laptops, tablets, and phones connected to the Internet. eLearning makes it easy for users to learn at anytime, from anywhere, without restrictions.

eLearning integrates instruction, reading, exercises, quizzes, and support into one digital platform.

The course is presented by our parent company Consortia Small Business Accountants. Consortia is a registered Postsecondary Proprietary School providing post-secondary education for educational, vocational, or professional objectives.

Chapters

1. An Introduction to Accounting
2. Accounting for Accruals
3. Accounting for Deferrals
4. Accounting for Merchandising Businesses
5. Accounting for Inventories
6. Internal Control and Accounting for Cash
7. Accounting for Receivables
8. Accounting for Long-term Operational Assets
9. Accounting for Current Liabilities and Payroll
10. Accounting for Long-term Debt
11. Proprietorships, Partnerships, and Corporations
12. Statement of Cash Flows
13. The Double-entry Accounting System
14. Financial Statement Analysis

Materials

• Learning Management System
• eTextbook (digital)
• Pre-assessment Test
• On-demand Video Instruction
• Quizzes
• Exercises
• Problems
• Instructor Support
• Post-assessment Test
• 28 Continuing Professional Education (CPE) Credits

Steps

1. Take Pre-assessment Test
2. Watch Chapter Video
3. Read Textbook Chapter
4. Complete Chapter Exercises
5. Complete Chapter Problems
6. Take Chapter Quiz
7. Request Instructor Support
8. Take Post-assessment Test

Order

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