Financial Accounting

BY
Association of Chartered Certified Accountants via Edx

Gear up the knowledge of your business finance skills with the course of Financial accounting by edX.

Lavel

Intermediate

Mode

Online

Duration

12 Weeks

Fees

₹ 10082

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based
Learning efforts 5-8 Hours Per Week

Course overview

The course Financial Accounting by edX provides candidates with the opportunity to learn the fundamental concepts of business, and financial accounting making use of the accounting techniques in devising financial statements. The course will highlight the need for accounting skills in various reputed fields along with teaching the candidates about the details of financial accounting

The course will introduce to its candidates extensive lessons and techniques that are required for interpreting any set of financial accounting statements. The course will focus on building and developing the skills of business and financial accounting starting from scratch that is through double-entry book-keeping to the skills of constructing any kind of financial statements. The course is self-paced but there is a time limit until which the course remains accessible in the audit mode. But in the case of the verified track, the candidates will have unlimited access.

Through this course, the candidates will get an in-depth understanding of financial accounting which is the most important part of business finance functioning. The course will elaborate on educating the candidates with the knowledge of ascertaining the prospects and financial well-being of a business simply by looking at the financial accounting statements using the techniques of financial and business accounting.

The highlights

  • The course is powered by ACCA
  • Learning effort of 5-8 each week
  • Fully online course
  • The time duration of 12 weeks
  • Self-paced learning with limited access
  • Diploma in Accounting by ACCA
  • Instructors from ACCA

Program offerings

  • Transcripted video lectures
  • E learning.

Course and certificate fees

Fees information
₹ 10,082

The fee requirements for the course Financial accounting by edX are:

  • The course can be accessed by paying Rs 10,082

Fee category

Amount in Rs.

Cost of programme

Rs. 10,082

certificate availability

No

Who it is for

The course of Financial accounting by edX is recommended for:

  • Anybody who wants to start their career in the finance sector is recommended to apply to the course
  • People who want to gain an understanding of committing to the role of junior in the financial accounting sector
  • Candidates who are preparing  financial accounting for the ACCA examination
  • People who require the knowledge of financial accounting to initiate their own business should apply to the course

Eligibility criteria

Work experience

No prior experience is required for pursuing the course but is recommended for the candidates who are starting afresh in finance or who are already in the field and may or may not have any professional qualification of the same. 

Certification qualification details

No certificate for the course Financial accounting by edX is provided through edX. If the candidates wish to earn rewards for the course they are suggested to register as a student on the ACCA website. After completing the computer-based examination the candidates will be able to obtain the diploma of ACCA in business and accounting

What you will learn

Financial management

After successful completion of the course you will learn:

  • The candidates will learn the primary concepts of financial accounting
  • The candidates will understand the techniques of determining the financial position of any business through its financial statements
  • The candidates will learn about the approach of creating all kinds of business and financial account statements
  • Through the course, the candidates will learn the subjective attributes of finance-related information
  • Candidates will gain knowledge on the factors and purpose of financial reporting
  • The candidates will learn about the techniques of constructing a trial balance 
  • The course will teach candidates about the requirement and use of accounting systems and the double-entry system
  • The methodology of documenting the events and transaction in a financial statement will be understood by the candidates
  • The candidates will learn how to interpret and rectify the errors in the trial balance
  • The candidates learn about documentation, sorting, monitoring, and description of transactions required in financial accounting

Admission details

Candidates can register in the course Financial accounting by edX using the admission steps given:

Step 1: Candidates are required to enrol in the course using the following link:

https://courses.edX.org/register

Step 2: The above link will take the candidate to the registration page 

Step 3: In order to register for the course the candidates are required to fill in their details like name, email, and passwords

Step 4: Once the candidates have successfully enrolled and registered on the course website they can get easy and complete access to the course 

Scholarship Details

EdX provides financial aid up to 90% for certain verified certification courses. The candidates are advised to contact the instructors to confirm the availability of scholarship facilities for the course Financial accounting by edX

How it helps

The Financial accounting certificate course by edX is an extraordinary chance for people who want to initiate their career in the financial sector but do not have any qualification in the professional field. The course provides the candidates with a detailed understanding of key concepts of business and financial accounting that are an essential part of the finance function in any business.

The course provides professional benefits to the candidates by equipping them with the skills of interpreting the financial health and position of a business through the financial statements. The course aims at training the candidates from basic knowledge of double-entry book-keeping to constructing business accounting and financial statements for an enterprise. Through the course, candidates become eligible for a junior position role in a financial accounting department which requires knowledge of financial and business accounting. 

The course benefits candidates who are preparing for the financial accounting examination by ACCA. The course gives the candidates a detailed understanding of methods to construct basic financial statements for both unincorporated and incorporated business entities along with interpreting simple financial statements, the course elaborated on the techniques of preparing trial balance as well as identifying and rectifying the errors which are a prime requirement for people want to start their own business and need to gain knowledge on concepts of business accounting.

The course also provides training to employees of a business to brush up their skills and knowledge.

Instructors

Mr James Patrick

Mr James Patrick
Head of Professional Education
ACCA

Ms Krutika Adatia

Ms Krutika Adatia
Digital Learning Lead
ACCA

Ms Isobel Wroath

Ms Isobel Wroath
Digital Community Manager
ACCA

Ms Gillian Logue
Delivery Analyst
ACCA

FAQs

Can the course be taken up in language other than English?

The language base for the course is English. The candidates will be provided with transcripted videos which will also be in English. The candidates having a basic knowledge of English would be beneficial.

What are the instructional approaches being used for the course?

The course makes use of instructional approaches like self-training and transcripted videos through which the candidates will be able to get a clear understanding of the concepts.

What are prerequisites for the course Financial accounting by edX?

There are no prerequisites for applying to the course. Candidates belonging to any educational background are eligible to apply to the course hassle-free.

What is the eligibility criteria for receiving the course certification?

There is no provision for course certification for this course by EdX. If the candidates wish to earn awards they should register as a student with ACCA and appear for the computer-based examination to obtain a diploma in business and accounting from ACCA.

What is the course duration required for completing the course?

The course will require the dedication of 5-8 hours of learning per week. The complete duration is the total time span in which the course can be completed in 12 weeks.

Is there any provision for scholarship for the course Financial accounting by edX?

edX provides up to 90% scholarship aid to the candidates on verified certification courses. The candidates are requested to check the availability of financial aid for this course by contacting the instructors.

What is the difficulty level for the course?

The course can be pursued on an intermediate level, which makes it feasible for candidates to understand and grasp the knowledge while developing their skills.

What is the course material provided for the course?

The course provides instructor-led training along with transcripted videos for the course Financial accounting by edX.

Is it possible to switch from online classes to offline classes?

The course is completely online and can be accessed from anywhere the candidates wish to take them. The course works on video lectures.

How do I get a discount on the fee for the course?

If the candidates wish to get a discount on the fee for the course Financial accounting by edX they are required to enter the coupon code while making the payment after completing the enrolment procedure.

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