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Get Budgets and Managing Money, and Accounting Skills for New Supervisors in this Bundle
1. Budgets and Managing Money: Review The Fundamentals Of Finance
We all play a role in our organization’s financial health, whether we realize it or not. This course will give you the skills that you need to speak knowledgeably about budgets and managing money, and to contribute to the bottom line.
To start this course, you will review the fundamentals of finance (including basic terms, generally accepted accounting principles, and financial roles in an organization). Then, you will learn about different types of budgets and a six-step budgeting process. You will also learn how to monitor budgets, perform basic ratio analysis, and compare investment opportunities.
After you complete this Budgets and Managing Money course, you will be able to:
- Define basic financial terminology.
- Prepare a budget of any type or size.
- Get your budget approved.
- Perform basic ratio analysis.
- Make better financial decisions.
2. Accounting Skills for New Supervisors: Learn The Basics Of Accounting
Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you're going to succeed in business, particularly as a manager. This course will help you get started in the accounting world.
In course, you will learn the basics of accounting, including financial terms, generally accepted accounting principles, the accounting cycle, key financial reports, financial analysis tools, and budgeting.
After you complete this Accounting Skills for New Supervisors course, you will be able to:
- Describe the art of finance and financial management.
- Explain key financial terms.
- Determine your role in company finances.
- Find the rules and regulations for your area and industry.
- Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings.
- Explain how a chart of accounts is created.
- Tell the difference between cash and accrual accounting.
- Explain single-entry and double-entry bookkeeping.
- Differentiate between debits and credits.
- Identify and analyze important financial data.
- Make financial decisions.
- Read annual reports.
- Determine whether a company is financially high or low risk.
- Recognize different types of organizational financial plans.
- Explain what budgets are and how to prepare them.
- Recognize what computer skills you need to make you a financial whiz.
- Deal with financial situations that impact the people that work for you.
Receive Lifetime Access to Course Materials, so you can review at any time.
For comprehensive information on units of study click the units of study tab above.
This is an incredible opportunity to invest in yourself and your future, sharpen your training skills and learn what it takes to create your own success with Courses For Success Today!
Course Fast Facts:
- All courses are easy to follow and understand
- Only 6 to 8 hours of study is required per course
- Unlimited lifetime access to course materials
- Study as many courses as you want
- Delivered 100% on-line and accessible 24/7 from any computer or smartphone
- You can study from home or at work, at your own pace, in your own time
- Certificates (IAOTS Accredited)
Course Delivery
Upon enrolment an automated email will be sent, advising you of our enrolment process (please check your junk email inbox if not received as this is an automated email), in order for you to access your online material, which is Available 24/7 on any computer or smart mobile device.
Recognition & Accreditation
These courses are internationally recognized and accredited by the International Association of Online Training Standards (IAOTS). The courses offered by Courses For Success are unique as they are taught in a step by step process enabling students to complete them quickly and easily, so that you can obtain your qualification sooner. All students who complete the course receive a certificate of completion. Courses For Success is committed to high completion rates and therefore 100% student satisfaction.
Receive Lifetime Access to Course Materials, so you can review at any time.
The Budgets and Managing Money Online 2 Course Bundle includes the following courses, below is a summary of each course:
Course 1 - Certificate In Budgets and Managing Money Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
Session 2: Finance Jeopardy
- Questions and Answers
Session 3: The Fundamentals of Finance
- Recording Financial Transactions
- Financial Statements vs. Financial Reports
- Types of Costs
- Generally Accepted Accounting Principles
- Budgeting Terms
- Your Role in Company Finances
- Your Role in Company Finances
- The Key Players
- Identifying the Key Players in Your Organization
Session 4: The Basics of Budgeting
- Defining a Budget
- Budget Responsibilities
- Key Budgeting Points
- Types of Budgets
- Sales Budget
- Expense Budget
- Production Budget
- Manufacturing Budget
- Labor Budget
- Capital Budget
- Cash Budget
- Understanding Where Your Budget Fits In
Session 5: Parts of a Budget
- The Planning Parts
Session 6: The Budgeting Process
- Overview
- Step One: Gather the Budget Package
- Step Two: Lay the Groundwork
- Case Study, Part One
- Budget Template
- Step Three: Identify Your Goals
- Case Study, Part Two
- Step Four: Gathering Your Resources
- Accounting Checklist
- Marketing and Sales Checklist
- Budget Management Team Checklist
- Checklist for Your Supervisor Checklist
- Checklist for Your Team
- Steps Five and Six: Planning and Doing
- Step Six: Do It!
- Case Study, Part Three
- Budget Template
Session 7: Budgeting Tips and Tricks
- Top Ten Excuses for Being Over Budget
- Up-Front Budget Maneuvers
- Not-So-Nice Budget Maneuvers
Session 8: Monitoring and Managing Budgets
- Making Connections
- Making Connections Answer
Session 9: Crunching the Numbers
- Understanding Ratio Analysis
- Sample Balance Sheet
- Current Ratio
- Quick Ratio
- Debt Ratio
- Net and Gross Profit Margin
- Return on Sales Ratio
- Debt to Net Worth Ratio
- Cash Turnover Ratio
- Collection Ratio
- Investment Turnover
- Return on Investment
- Making Connections
Session 10: Getting Your Budget Approved
- Introduction
- Tips to Get Your Budget Approved
Session 11: Comparing Investment Opportunities
- The Importance of Analysis
- Payback Period
- Break-Even Point
- Cost-Benefit Analysis
- Return on Investment
Session 12: ISO 9001:2008
- What is ISO 9001:2008?
- Making Connections
- Company Two
- Company Three
Session 13: Directing the Peerless Data Corporation
- Task Explanation
- The Decision-Making Process
- Background
- Company Information
- Salary Information, Part One
- Salary Information, Part Two
- Decision One: Office Relocation
- Decision 1 – Analysis, Part One
- Decision 1 – Analysis, Part Two
- Decision
- Decision Two: Reproduction Backlog
- Decision Two: Analysis
- Hire Reproduction Aid
- Purchasing New Copying Equipment
- Decision
- Decision Three: Improving Supervision
- Decision Three: Analysis
- Decision
- Decision Four: Job Enrichment
- Decision Four: Analysis
- Decision
- Decision Five: Staff Expansion
- Decision Five: Analysis, Part One
- Decision Five: Analysis, Part Two
- Decision
Session 14: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 2 - Certificate In Accounting Skills for New Supervisors Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
Session 2: Getting the Facts Straight
- Starting with the Basics
- Recording Financial Transactions
- Financial Reports vs. Financial Statements
- General Accepted Accounting Principles (GAAP)
- Getting to Know the Players
- The Big Picture
- Identifying the Key Players in Your Organization
- Governing Organizations
Session 3: The Accounting Cycle
- Methods of Recording Transactions
- Accounting Periods
- Overview of the Accounting Cycle
- Accounting Terms
- Case Study: Happy Haircuts
Session 4: The Key Reports
- What is the Income Statement?
- Income Statement Equation
- Income Statement Accounts
- Sample Income Statement
- The Balance Sheet
- Balance Sheet Equation
- Balance Sheet Accounts
- Current vs. Fixed Assets
- Sample Balance Sheet
- The Cash Flow Statement
- Sample Cash Flow Statement
- Statement of Retained Earnings
Session 5: Keeping Score
- Understanding the Chart of Accounts
- Assets
- Equity
- Single vs. Double Entry Accounting
- Double Entry Accounting
- About Recordkeeping
- Self-Test
Session 6: A Review of Financial Terms
- Match Up!
Session 7: Understanding Debits and Credits
- Debits and Credits Demystified
- Debit and Credit Accounts
- Working with Debits and Credits
Session 8: Your Financial Analysis Toolbox
- Identifying the Relevant Data
- Analyzing the Data
- Current Ratio
- Quick Ratio
- Net and Gross Profit Margin
- Caution!
- Reading Annual Reports
- Getting Ready
- Step One: Report by Independent Auditors
- Step Two: Footnotes
- Step Three: Financial Statements
- Step Four: Letters and Analysis
- Case Study
- Using Charts and Graphs
- Column and Bar Charts
- Bar Chart Example
- Line Charts
- Pie Charts
- Using Ratios for Decision Making
- Cost-Benefit Analysis
- Return on Investment
- A Final Word
Session 9: Identifying High and Low Risk Companies
- General Guidelines
- Stay Up-To-Date
- Case Study
Session 10: The Basics of Budgeting
- Defining a Budget
- Where Does the Budget Fit In?
- The Budgeting Process
- Step One: Gather the Budget Package
- Step Two: Lay the Groundwork
- Step Three: Identify Your Goals and Deliverables
- Step Four: Gather Your Resources
- Step Five: Plan Your Work
- Step Six: Do It!
- Case Study
- Task
Session 11: Working Smarter
- Computer Survival Skills
- Internet and E-mails
- Word Processing
- Spreadsheet Processing
- In-House Financial System
- Choosing Accounting Software
- Making Connections
Session 12: People and Numbers
- Making Connections
Session 13: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Entry requirements
Students must have basic literacy and numeracy skills.
Minimum education
Open entry. Previous schooling and academic achievements are not required for entry into this course.
Computer requirements
Students will need access to a computer and the internet.
Minimum specifications for the computer are:
Windows:
- Microsoft Windows XP, or later
- Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)
MAC/iOS
- OSX/iOS 6 or later
- Modern and up to date Browser (Firefox, Chrome, Safari)
All systems
- Internet bandwidth of 1Mb or faster
- Flash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)
Students will also need access the following applications:
Adobe Acrobat Reader
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No, anyone who has an interest in learning more about this subject matter is encouraged to take our course. There are no entry requirements to take this course.
No, you do not require a High School Diploma or to have finished school to study this course, this course is open to anyone who would like to take this course.
This course is provided in English, however, due to the digital nature of our training, you can take your time studying the material and make use of tools such as google translate and Grammarly.
All our courses are accessible online on any device. You may complete them at your own pace and at your own time.
After you have completed the payment, you will receive a confirmation email and tax receipt. You will also receive an email containing your course login details (username and password), as well as instructions on how to access and log in to your course via the internet with any device, please check your junk/spam folder in the event that you do not receive the email.
Providing you have internet access you can start this course whenever you like, just go to the login page and insert your username and password and you can access the online material.
Online learning is easy, if not easier than a traditional academic situation. By studying an online course, the usual boundaries caused by location and time constraints are eliminated, meaning you are free to study where and when you want at your own pace. Of course, you will need to be able to self-manage your time and be organized, but with our help, you’ll soon find yourself settling into a comfortable rhythm of study.
You don't need to be a computer expert to succeed with our online training, but you should be comfortable typing, using the internet and be capable of using common software (such as Microsoft word).
There is no time limit for completing this course, it can be studied in your own time at your own pace. Once you have purchased this course you will have unlimited lifetime access, meaning you can access this course whenever you want.
Individual courses are designed to be completed within 6-8 hours.
If you choose a course bundle, simply multiply the above hours by the number of courses included in the bundle.
For example:
- 2 course bundle is 2 x 6-8 hours = 12-16 hours
- 3 course bundle is 3 x 6-8 hours = 18-24 hours
- 5 course bundle is 5 x 6-8 hours = 30-40 hours
- 10 course bundle is 10 x 6-8 hours = 60-80 hours
All the required material for your course is included in the online system, you do not need to buy anything else.
Yes, all our courses are interactive.
Yes, you will be required to complete a multiple-choice test online at the end of your course, you can do this test as many times as you require.
You will receive a Certificate of Completion that is applicable worldwide, which demonstrates your commitment to learning new skills. You can share the certificate with your friends, relatives, co-workers and employers. Also, include it in your resume/CV, professional social media profiles and job applications.
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Our completion certificates are very valuable and will help you progress in your work environment and show employers how committed you are to learn new skills, you might even get a promotion.
No, it is not equivalent to a college or university credit.
This course will give you the skills you need to help you obtain employment, but it’s up to you if you get the job or not.
Studying and completing this course will show employers that you have the knowledge in this field, additionally you will gain more confidence in this area of expertise.
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Course Summary
Course ID: | CFS03BAMM2CB |
---|---|
Delivery Mode: |
Online |
Access: | Unlimited lifetime access to course material |
Time: | Study at your own pace |
Duration: | 12-16 Hours |
Assessments: | Yes |
Qualification: | Certificates (IAOTS Accredited) |
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