Introduction to Finance and Business Management – University of Digital Economics and Agrotechnologies

Language of instruction:

Russian

Form of study:

Daytime

Total hours:

145 hours

Course duration:

3 months

Description:

The program is designed both for professionals in the field of finance, audit and accounting with already confirmed diplomas from ACCA DipIFR and ACCA DipNRF, as well as for young professionals who are just starting their careers, as well as graduates of specialized universities who have basic knowledge of accounting.< /p>

Course content:

The Unified Certification Exam “Introduction to Finance and Business Management”, hereinafter referred to as “IFBR” (Introduction to Finance and Business Rus), is a prerequisite for starting studies on the ACCA diploma program and is based on three subjects – “Financial Accounting” ( FA), Management Accounting (MA) and Business and Technology (BT)

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What will you learn:

Context and purpose of financial reporting
Qualitative characteristics of financial information
Demonstrate the use of double entry and accounting systems
Record transactions and events
Prepare balance sheet (including identifying and correcting errors)
Prepare basic financial statements for incorporated and unincorporated entities
Prepare simple consolidated financial statements
Interpret financial statements
Explain different types of organizational structures and functions
Explain how environmental factors affect organizations
Explain the nature, source and purpose of management information
Perform data analysis and apply statistical methods
Apply different cost accounting methods
Prepare budgets for planning and control
Analyze deviations between predicted and actual costs
Apply performance metrics and monitor business performance
Understanding the business world and how this can affect the role of an accountant