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106 Income Tax courses

Accounting & Finance Level 5

By Training Tale

***Accounting & Finance - Level 5*** Accounting and finance assist businesses in measuring, monitoring, and planning their operations. This Accounting & Finance - Level 5 course has been designed to provide a thorough introduction to business Accounting and Finance as both an idea and a profession. This Accounting & Finance - Level 5 course will equip you with in-demand accounting and finance skills as well as the ability to complete practicable processes while working in an organisation. This could be tricky, especially if this is your first consignment in the accounting and finance sector. Our Accounting & Finance - Level 5 course provides a solid understanding of accounting and financial methods, concepts, and duties to properly prepare you for a career in the accounting and finance sector. ***Others Benefits of this Accounting & Finance - Level 5 Course * Free One PDF Certificate * Lifetime Access * Unlimited Retake Exam * Tutor Support [ Note: Free PDF certificate as soon as completing the course ] ***Accounting & Finance - Level 5*** Detailed Course Curriculum of this Accounting & Finance - Level 5 Course: Module 1: Essentials of Accounting and Finance * Identify the Non-Financial Manager's Concern with Finance * The Importance of Finance * Financial and Operating Environment Module 2: Types of Cost Data and Cost Analysis * The Importance of Cost Data * Types of Costs * How Do Your Costs Behave? * Segregating Fixed Cost and Variable Cost * Cost Allocation * Cost Analysis * What You Can Learn from the Japanese? Module 3: Contribution Analysis * Should You Accept a Special Order? * How Do You Determine a Bid Price? * Determining Profit from Year to Year * Are You Utilising Capacity? Module 4: Break-Even and Cost-Volume-Profit Analysis * What is Cost-Volume-Profit Analysis? * What and Why of Break-Even Sales? * What is the Margin of Safety? * Cash Break-Even Point * What is Operating Leverage? * Sales Mix Analysis Module 5: Relevant Cost and Making Short-Term Decisions * What Costs Are Relevant to You? * Accepting or Rejecting a Special Order * Pricing Standard Products * Determining Whether to Sell or Process Further * Adding or Dropping a Product Line * Utilising Scarce Resources * Don't Forget the Qualitative Factors Module 6: Forecasting Cash Needs and Budgeting * Forecasts * Using Forecasts * Preparing Financial Forecasts * Budgets * The Sales Budget * The Production Budget * The Direct Material Budget * The Direct Labour Budget * The Factory Overhead Budget * The Ending Inventory * The Selling and Administrative Expense Budget * The Cash Budget * The Budgeted Income Statement * The Budgeted Balance Sheet * A Shortcut Approach to Formulating the Budget Module 7: Cost Control and Variance Analysis * Defining a Standard * The Usefulness of Variance Analysis * Setting Standards * Determining and Evaluating Sales Variances * Cost Variances * Labour Variances * Overhead Variances * The Use of Flexible Budgets in Performance Reports * Standards and Variances in Marketing * Sales Standards * Variances in Warehousing Costs Module 8: Managing Financial Assets * Working Capital * Financing Assets * Managing Cash Properly * Getting Money Faster * Delaying Cash Payments * Opportunity Cost of Foregoing a Cash Discount * Volume Discounts Module 9: Managing Accounts Receivable and Credit * Credit References * Credit Policy * Analysing Accounts Receivable Module 10: Managing Inventory * Inventory Management Considerations * Inventory Analysis * Determining the Carrying and Ordering Costs * The Economic Order Quantity (EOQ) * Avoiding Stock Outs * Determining the Reorder Point or Economic Order Point (EOP) * The ABC Inventory Control Method * Supply Chain Management Module 11: The Time Value of Money * Future Values - How Money Grows * Future Value of an Annuity * Present Value - How Much Money is Worth Now? * Present Value of Mixed Streams of Cash Flows * Present Value of an Annuity * Perpetuities * Applications of Future Values and Present Values Module 12: Capital Budgeting Decisions * Types of Investment Projects * What Are the Features of Investment Projects? * Selecting the Best Mix of Projects With a Limited Budget * Income Taxes and Investment Decisions * Types of Depreciation Methods * How Does MACRS Affect Investment Decisions? * The Cost of Capital Module 13: Improving Managerial Performance * What is Return on Investment (ROI)? * What Does ROI Consist of? - Du Pont Formula * ROI and Profit Objective * ROI and Profit Planning * ROI and Return on Equity (ROE) Module 14: Sources of Short-Term Financing * Trade Credit * Cash Discount * When are Bank Loans Advisable? * Working with a Bank * Issuing Commercial Paper * Using Receivables for Financing * Using Inventories for Financing Module 15: Considering Term Loans and Leasing * Intermediate-Term Bank Loans * Using Revolving Credit * Insurance Company Term Loans * Financing with Equipment * Leasing Module 16: Long-Term Debt and Equity Financing * Types of Long-Term Debt * Equity Securities * How Should You Finance? Module 17: Accounting Conventions and Recording Financial Data * Double Entry and the Accounting Equation Assessment Method After completing each module of the Accounting & Finance - Level 5 course, you will find automated MCQ quizzes. To unlock the next module, you need to complete the quiz task and get at least 60% marks. Once you complete all the modules in this manner, you will be qualified to request your certification. Certification After completing the MCQ/Assignment assessment for this Accounting & Finance - Level 5 course, you will be entitled to a Certificate of Completion from Training Tale. It will act as proof of your extensive professional development. The certificate is in PDF format, which is completely free to download. A printed version is also available upon request. It will also be sent to you through a courier for £13.99. WHO IS THIS COURSE FOR? Accounting & Finance - Level 5 This Accounting & Finance - Level 5 course is ideal for: * Candidates interested to start a career in accountancy * Business owners seeking to look after their own accounts * Existing accountancy workers in seeking higher positions or promotion * Accountancy workers with no formal qualifications * Anyone wishing to boost their career prospects. REQUIREMENTS Accounting & Finance - Level 5 There are no specific requirements for Accounting & Finance - Level 5 course because it does not require any advanced knowledge or skills. Students who intend to enrol in this Accounting & Finance - Level 5 course must meet the following requirements: * Good command of the English language * Must be vivacious and self-driven * Basic computer knowledge * A minimum of 16 years of age is required CAREER PATH Accounting & Finance - Level 5 This Accounting & Finance - Level 5 course may lead you to a variety of career opportunities. * Accounts Assistant * Accounts Payable & Expenses Supervisor * Accounts Payable Clerk * Audit Trainee * Payroll Administrator / Supervisor * Tax Assistant / Accountant. * Accounting Clerk * Auditing Clerk * Accounts Receivable Clerk CERTIFICATES CERTIFICATE OF COMPLETION Digital certificate - Included

Accounting & Finance Level 5
Delivered Online On Demand
£12

Level 5 Accounting & Finance Course

By Training Tale

***Level 5 Accounting & Finance*** Accounting and finance assist businesses in measuring, monitoring, and planning their operations. This course has been designed to provide a thorough introduction to business Accounting and Finance as both an idea and a profession. This course will equip you with in-demand accounting and finance skills as well as the ability to complete practicable processes while working in an organisation. This could be tricky, especially if this is your first consignment in the accounting and finance sector. Our Level 5 Accounting & Finance course provides a solid understanding of accounting and financial methods, concepts, and duties to properly prepare you for a career in the accounting and finance sector. Learning Outcomes After completing this Level 5 Accounting & Finance course, learner will be able to: * Understand the essentials of accounting and finance * Understand the types of cost data and cost analysis * Gain a thorough understanding of contribution analysis * Understand break-even and cost-volume-profit analysis * Understand relevant cost and know to make short-term decisions * Know how to manage financial assets * Understand forecasting cash needs and budgeting * Cost control and variance analysis * Know how to manage accounts receivable and credit * Know how to manage inventory * Understand the time value of money * Know how to improve managerial performance * Understand capital budgeting decisions * Understand improve managerial performance * Understand sources of short-term financing * Know how to consider term loans and leasing * Understand long-term debt and equity financing * Understand accounting conventions and recording financial data Why Choose Level 5 Accounting & Finance Course from Us * Self-paced course, access available from anywhere. * Easy to understand, high-quality study materials. * Course developed by industry experts. * MCQ quiz after each module to assess your learning. * Automated and instant assessment results. * 24/7 support via live chat, phone call or email. * Free PDF certificate as soon as completing the course. ***Others Benefits of this Course * Free One PDF Certificate * Lifetime Access * Unlimited Retake Exam * Tutor Support [ Note: Free PDF certificate as soon as completing the course ] ***Level 5 Accounting & Finance*** Detailed Course Curriculum Module 1: Essentials of Accounting and Finance * Identify the Non-Financial Manager's Concern with Finance * The Importance of Finance * Financial and Operating Environment Module 2: Types of Cost Data and Cost Analysis * The Importance of Cost Data * Types of Costs * How Do Your Costs Behave? * Segregating Fixed Cost and Variable Cost * Cost Allocation * Cost Analysis * What You Can Learn from the Japanese? Module 3: Contribution Analysis * Should You Accept a Special Order? * How Do You Determine a Bid Price? * Determining Profit from Year to Year * Are You Utilising Capacity? Module 4: Break-Even and Cost-Volume-Profit Analysis * What is Cost-Volume-Profit Analysis? * What and Why of Break-Even Sales? * What is the Margin of Safety? * Cash Break-Even Point * What is Operating Leverage? * Sales Mix Analysis Module 5: Relevant Cost and Making Short-Term Decisions * What Costs Are Relevant to You? * Accepting or Rejecting a Special Order * Pricing Standard Products * Determining Whether to Sell or Process Further * Adding or Dropping a Product Line * Utilising Scarce Resources * Don't Forget the Qualitative Factors Module 6: Forecasting Cash Needs and Budgeting * Forecasts * Using Forecasts * Preparing Financial Forecasts * Budgets * The Sales Budget * The Production Budget * The Direct Material Budget * The Direct Labour Budget * The Factory Overhead Budget * The Ending Inventory * The Selling and Administrative Expense Budget * The Cash Budget * The Budgeted Income Statement * The Budgeted Balance Sheet * A Shortcut Approach to Formulating the Budget Module 7: Cost Control and Variance Analysis * Defining a Standard * The Usefulness of Variance Analysis * Setting Standards * Determining and Evaluating Sales Variances * Cost Variances * Labour Variances * Overhead Variances * The Use of Flexible Budgets in Performance Reports * Standards and Variances in Marketing * Sales Standards * Variances in Warehousing Costs Module 8: Managing Financial Assets * Working Capital * Financing Assets * Managing Cash Properly * Getting Money Faster * Delaying Cash Payments * Opportunity Cost of Foregoing a Cash Discount * Volume Discounts Module 9: Managing Accounts Receivable and Credit * Credit References * Credit Policy * Analysing Accounts Receivable Module 10: Managing Inventory * Inventory Management Considerations * Inventory Analysis * Determining the Carrying and Ordering Costs * The Economic Order Quantity (EOQ) * Avoiding Stock Outs * Determining the Reorder Point or Economic Order Point (EOP) * The ABC Inventory Control Method * Supply Chain Management Module 11: The Time Value of Money * Future Values - How Money Grows * Future Value of an Annuity * Present Value - How Much Money is Worth Now? * Present Value of Mixed Streams of Cash Flows * Present Value of an Annuity * Perpetuities * Applications of Future Values and Present Values Module 12: Capital Budgeting Decisions * Types of Investment Projects * What Are the Features of Investment Projects? * Selecting the Best Mix of Projects With a Limited Budget * Income Taxes and Investment Decisions * Types of Depreciation Methods * How Does MACRS Affect Investment Decisions? * The Cost of Capital Module 13: Improving Managerial Performance * What is Return on Investment (ROI)? * What Does ROI Consist of? - Du Pont Formula * ROI and Profit Objective * ROI and Profit Planning * ROI and Return on Equity (ROE) Module 14: Sources of Short-Term Financing * Trade Credit * Cash Discount * When are Bank Loans Advisable? * Working with a Bank * Issuing Commercial Paper * Using Receivables for Financing * Using Inventories for Financing Module 15: Considering Term Loans and Leasing * Intermediate-Term Bank Loans * Using Revolving Credit * Insurance Company Term Loans * Financing with Equipment * Leasing Module 16: Long-Term Debt and Equity Financing * Types of Long-Term Debt * Equity Securities * How Should You Finance? Module 17: Accounting Conventions and Recording Financial Data * Double Entry and the Accounting Equation Assessment Method After completing each module of the Level 5 Accounting & Finance course, you will find automated MCQ quizzes. To unlock the next module, you need to complete the quiz task and get at least 60% marks. Once you complete all the modules in this manner, you will be qualified to request your certification. Certification After completing the MCQ/Assignment assessment for this Level 5 Accounting & Finance course, you will be entitled to a Certificate of Completion from Training Tale. It will act as proof of your extensive professional development. The certificate is in PDF format, which is completely free to download. A printed version is also available upon request. It will also be sent to you through a courier for £13.99. WHO IS THIS COURSE FOR? Level 5 Accounting & Finance This course is ideal for: * Candidates interested to start a career in accountancy * Business owners seeking to look after their own accounts * Existing accountancy workers in seeking higher positions or promotion * Accountancy workers with no formal qualifications * Anyone wishing to boost their career prospects. REQUIREMENTS Level 5 Accounting & Finance There are no specific requirements for because it does not require any advanced knowledge or skills. Students who intend to enrol in this Level 5 Accounting & Finance course must meet the following requirements: * Good command of the English language * Must be vivacious and self-driven * Basic computer knowledge * A minimum of 16 years of age is required CAREER PATH Level 5 Accounting & Finance This Level 5 Accounting & Finance course may lead you to a variety of career opportunities. * Accounts Assistant * Accounts Payable & Expenses Supervisor * Accounts Payable Clerk * Audit Trainee * Payroll Administrator / Supervisor * Tax Assistant / Accountant. * Accounting Clerk * Auditing Clerk * Accounts Receivable Clerk CERTIFICATES CERTIFICATE OF COMPLETION Digital certificate - Included

Level 5 Accounting & Finance Course
Delivered Online On Demand
£12

Level 5: Accounting and Finance

By Training Tale

***Level 5: Accounting and Finance*** Accounting and finance assist businesses in measuring, monitoring, and planning their operations. This course has been designed to provide a thorough introduction to business Accounting and Finance as both an idea and a profession. This course will equip you with in-demand accounting and finance skills as well as the ability to complete practicable processes while working in an organisation. This could be tricky, especially if this is your first consignment in the accounting and finance sector. Our Level 5: Accounting and Finance course provides a solid understanding of accounting and financial methods, concepts, and duties to properly prepare you for a career in the accounting and finance sector. Learning Outcomes After completing this Level 5: Accounting and Finance course, learner will be able to: * Understand the essentials of accounting and finance * Understand the types of cost data and cost analysis * Gain a thorough understanding of contribution analysis * Understand break-even and cost-volume-profit analysis * Understand relevant cost and know to make short-term decisions * Know how to manage financial assets * Understand forecasting cash needs and budgeting * Cost control and variance analysis * Know how to manage accounts receivable and credit * Know how to manage inventory * Understand the time value of money * Know how to improve managerial performance * Understand capital budgeting decisions * Understand improve managerial performance * Understand sources of short-term financing * Know how to consider term loans and leasing * Understand long-term debt and equity financing * Understand accounting conventions and recording financial data Why Choose Level 5 Accounting and Finance Course from Us * Self-paced course, access available from anywhere. * Easy to understand, high-quality study materials. * Course developed by industry experts. * MCQ quiz after each module to assess your learning. * Automated and instant assessment results. * 24/7 support via live chat, phone call or email. * Free PDF certificate as soon as completing the course. ***Others Benefits of this Course * Free One PDF Certificate * Lifetime Access * Unlimited Retake Exam * Tutor Support [ Note: Free PDF certificate as soon as completing the course ] ***Level 5: Accounting and Finance*** Detailed Course Curriculum Module 1: Essentials of Accounting and Finance * Identify the Non-Financial Manager's Concern with Finance * The Importance of Finance * Financial and Operating Environment Module 2: Types of Cost Data and Cost Analysis * The Importance of Cost Data * Types of Costs * How Do Your Costs Behave? * Segregating Fixed Cost and Variable Cost * Cost Allocation * Cost Analysis * What You Can Learn from the Japanese? Module 3: Contribution Analysis * Should You Accept a Special Order? * How Do You Determine a Bid Price? * Determining Profit from Year to Year * Are You Utilising Capacity? Module 4: Break-Even and Cost-Volume-Profit Analysis * What is Cost-Volume-Profit Analysis? * What and Why of Break-Even Sales? * What is the Margin of Safety? * Cash Break-Even Point * What is Operating Leverage? * Sales Mix Analysis Module 5: Relevant Cost and Making Short-Term Decisions * What Costs Are Relevant to You? * Accepting or Rejecting a Special Order * Pricing Standard Products * Determining Whether to Sell or Process Further * Adding or Dropping a Product Line * Utilising Scarce Resources * Don't Forget the Qualitative Factors Module 6: Forecasting Cash Needs and Budgeting * Forecasts * Using Forecasts * Preparing Financial Forecasts * Budgets * The Sales Budget * The Production Budget * The Direct Material Budget * The Direct Labour Budget * The Factory Overhead Budget * The Ending Inventory * The Selling and Administrative Expense Budget * The Cash Budget * The Budgeted Income Statement * The Budgeted Balance Sheet * A Shortcut Approach to Formulating the Budget Module 7: Cost Control and Variance Analysis * Defining a Standard * The Usefulness of Variance Analysis * Setting Standards * Determining and Evaluating Sales Variances * Cost Variances * Labour Variances * Overhead Variances * The Use of Flexible Budgets in Performance Reports * Standards and Variances in Marketing * Sales Standards * Variances in Warehousing Costs Module 8: Managing Financial Assets * Working Capital * Financing Assets * Managing Cash Properly * Getting Money Faster * Delaying Cash Payments * Opportunity Cost of Foregoing a Cash Discount * Volume Discounts Module 9: Managing Accounts Receivable and Credit * Credit References * Credit Policy * Analysing Accounts Receivable Module 10: Managing Inventory * Inventory Management Considerations * Inventory Analysis * Determining the Carrying and Ordering Costs * The Economic Order Quantity (EOQ) * Avoiding Stock Outs * Determining the Reorder Point or Economic Order Point (EOP) * The ABC Inventory Control Method * Supply Chain Management Module 11: The Time Value of Money * Future Values - How Money Grows * Future Value of an Annuity * Present Value - How Much Money is Worth Now? * Present Value of Mixed Streams of Cash Flows * Present Value of an Annuity * Perpetuities * Applications of Future Values and Present Values Module 12: Capital Budgeting Decisions * Types of Investment Projects * What Are the Features of Investment Projects? * Selecting the Best Mix of Projects With a Limited Budget * Income Taxes and Investment Decisions * Types of Depreciation Methods * How Does MACRS Affect Investment Decisions? * The Cost of Capital Module 13: Improving Managerial Performance * What is Return on Investment (ROI)? * What Does ROI Consist of? - Du Pont Formula * ROI and Profit Objective * ROI and Profit Planning * ROI and Return on Equity (ROE) Module 14: Sources of Short-Term Financing * Trade Credit * Cash Discount * When are Bank Loans Advisable? * Working with a Bank * Issuing Commercial Paper * Using Receivables for Financing * Using Inventories for Financing Module 15: Considering Term Loans and Leasing * Intermediate-Term Bank Loans * Using Revolving Credit * Insurance Company Term Loans * Financing with Equipment * Leasing Module 16: Long-Term Debt and Equity Financing * Types of Long-Term Debt * Equity Securities * How Should You Finance? Module 17: Accounting Conventions and Recording Financial Data * Double Entry and the Accounting Equation Assessment Method After completing each module of the Level 5: Accounting and Finance course, you will find automated MCQ quizzes. To unlock the next module, you need to complete the quiz task and get at least 60% marks. Once you complete all the modules in this manner, you will be qualified to request your certification. Certification After completing the MCQ/Assignment assessment for this Level 5: Accounting and Finance course, you will be entitled to a Certificate of Completion from Training Tale. It will act as proof of your extensive professional development. The certificate is in PDF format, which is completely free to download. A printed version is also available upon request. It will also be sent to you through a courier for £13.99. WHO IS THIS COURSE FOR? Level 5: Accounting and Finance This course is ideal for: * Candidates interested to start a career in accountancy * Business owners seeking to look after their own accounts * Existing accountancy workers in seeking higher positions or promotion * Accountancy workers with no formal qualifications * Anyone wishing to boost their career prospects. REQUIREMENTS Level 5: Accounting and Finance There are no specific requirements for Level 5: Accounting and Finance course because it does not require any advanced knowledge or skills. Students who intend to enrol in this course must meet the following requirements: * Good command of the English language * Must be vivacious and self-driven * Basic computer knowledge * A minimum of 16 years of age is required CAREER PATH Level 5: Accounting and Finance This course may lead you to a variety of career opportunities. * Accounts Assistant * Accounts Payable & Expenses Supervisor * Accounts Payable Clerk * Audit Trainee * Payroll Administrator / Supervisor * Tax Assistant / Accountant. * Accounting Clerk * Auditing Clerk * Accounts Receivable Clerk CERTIFICATES CERTIFICATE OF COMPLETION Digital certificate - Included

Level 5: Accounting and Finance
Delivered Online On Demand
£12

Level 5 Accounting & Finance

By Training Tale

***Level 5 Accounting & Finance*** Accounting and finance assist businesses in measuring, monitoring, and planning their operations. This Level 5 Accounting & Finance course has been designed to provide a thorough introduction to business Accounting and Finance as both an idea and a profession. This course will equip you with in-demand accounting and finance skills as well as the ability to complete practicable processes while working in an organisation. This could be tricky, especially if this is your first consignment in the accounting and finance sector. Our Level 5 Accounting & Finance course provides a solid understanding of accounting and financial methods, concepts, and duties to properly prepare you for a career in the accounting and finance sector. Learning Outcomes After completing this Level 5 Accounting & Finance course, learner will be able to: * Understand the essentials of accounting and finance * Understand the types of cost data and cost analysis * Gain a thorough understanding of contribution analysis * Understand break-even and cost-volume-profit analysis * Understand relevant cost and know to make short-term decisions * Know how to manage financial assets * Understand forecasting cash needs and budgeting * Cost control and variance analysis * Know how to manage accounts receivable and credit * Know how to manage inventory * Understand the time value of money * Know how to improve managerial performance * Understand capital budgeting decisions * Understand improve managerial performance * Understand sources of short-term financing * Know how to consider term loans and leasing * Understand long-term debt and equity financing * Understand accounting conventions and recording financial data Why Choose Level 5 Accounting & Finance Course from Us * Self-paced course, access available from anywhere. * Easy to understand, high-quality study materials. * Course developed by industry experts. * MCQ quiz after each module to assess your learning. * Automated and instant assessment results. * 24/7 support via live chat, phone call or email. * Free PDF certificate as soon as completing the course. ***Others Benefits of this Level 5 Accounting & Finance Course * Free One PDF Certificate * Lifetime Access * Unlimited Retake Exam * Tutor Support [ Note: Free PDF certificate as soon as completing the course ] ***Level 5 Accounting & Finance*** Detailed Course Curriculum of this Level 5 Accounting & Finance Course: Module 1: Essentials of Accounting and Finance * Identify the Non-Financial Manager's Concern with Finance * The Importance of Finance * Financial and Operating Environment Module 2: Types of Cost Data and Cost Analysis * The Importance of Cost Data * Types of Costs * How Do Your Costs Behave? * Segregating Fixed Cost and Variable Cost * Cost Allocation * Cost Analysis * What You Can Learn from the Japanese? Module 3: Contribution Analysis * Should You Accept a Special Order? * How Do You Determine a Bid Price? * Determining Profit from Year to Year * Are You Utilising Capacity? Module 4: Break-Even and Cost-Volume-Profit Analysis * What is Cost-Volume-Profit Analysis? * What and Why of Break-Even Sales? * What is the Margin of Safety? * Cash Break-Even Point * What is Operating Leverage? * Sales Mix Analysis Module 5: Relevant Cost and Making Short-Term Decisions * What Costs Are Relevant to You? * Accepting or Rejecting a Special Order * Pricing Standard Products * Determining Whether to Sell or Process Further * Adding or Dropping a Product Line * Utilising Scarce Resources * Don't Forget the Qualitative Factors Module 6: Forecasting Cash Needs and Budgeting * Forecasts * Using Forecasts * Preparing Financial Forecasts * Budgets * The Sales Budget * The Production Budget * The Direct Material Budget * The Direct Labour Budget * The Factory Overhead Budget * The Ending Inventory * The Selling and Administrative Expense Budget * The Cash Budget * The Budgeted Income Statement * The Budgeted Balance Sheet * A Shortcut Approach to Formulating the Budget Module 7: Cost Control and Variance Analysis * Defining a Standard * The Usefulness of Variance Analysis * Setting Standards * Determining and Evaluating Sales Variances * Cost Variances * Labour Variances * Overhead Variances * The Use of Flexible Budgets in Performance Reports * Standards and Variances in Marketing * Sales Standards * Variances in Warehousing Costs Module 8: Managing Financial Assets * Working Capital * Financing Assets * Managing Cash Properly * Getting Money Faster * Delaying Cash Payments * Opportunity Cost of Foregoing a Cash Discount * Volume Discounts Module 9: Managing Accounts Receivable and Credit * Credit References * Credit Policy * Analysing Accounts Receivable Module 10: Managing Inventory * Inventory Management Considerations * Inventory Analysis * Determining the Carrying and Ordering Costs * The Economic Order Quantity (EOQ) * Avoiding Stock Outs * Determining the Reorder Point or Economic Order Point (EOP) * The ABC Inventory Control Method * Supply Chain Management Module 11: The Time Value of Money * Future Values - How Money Grows * Future Value of an Annuity * Present Value - How Much Money is Worth Now? * Present Value of Mixed Streams of Cash Flows * Present Value of an Annuity * Perpetuities * Applications of Future Values and Present Values Module 12: Capital Budgeting Decisions * Types of Investment Projects * What Are the Features of Investment Projects? * Selecting the Best Mix of Projects With a Limited Budget * Income Taxes and Investment Decisions * Types of Depreciation Methods * How Does MACRS Affect Investment Decisions? * The Cost of Capital Module 13: Improving Managerial Performance * What is Return on Investment (ROI)? * What Does ROI Consist of? - Du Pont Formula * ROI and Profit Objective * ROI and Profit Planning * ROI and Return on Equity (ROE) Module 14: Sources of Short-Term Financing * Trade Credit * Cash Discount * When are Bank Loans Advisable? * Working with a Bank * Issuing Commercial Paper * Using Receivables for Financing * Using Inventories for Financing Module 15: Considering Term Loans and Leasing * Intermediate-Term Bank Loans * Using Revolving Credit * Insurance Company Term Loans * Financing with Equipment * Leasing Module 16: Long-Term Debt and Equity Financing * Types of Long-Term Debt * Equity Securities * How Should You Finance? Module 17: Accounting Conventions and Recording Financial Data * Double Entry and the Accounting Equation Assessment Method After completing each module of the Level 5 Accounting & Finance course, you will find automated MCQ quizzes. To unlock the next module, you need to complete the quiz task and get at least 60% marks. Once you complete all the modules in this manner, you will be qualified to request your certification. Certification After completing the MCQ/Assignment assessment for this Level 5 Accounting & Finance course, you will be entitled to a Certificate of Completion from Training Tale. It will act as proof of your extensive professional development. The certificate is in PDF format, which is completely free to download. A printed version is also available upon request. It will also be sent to you through a courier for £13.99. WHO IS THIS COURSE FOR? Level 5 Accounting & Finance This Level 5 Accounting & Finance course is ideal for: * Candidates interested to start a career in accountancy * Business owners seeking to look after their own accounts * Existing accountancy workers in seeking higher positions or promotion * Accountancy workers with no formal qualifications * Anyone wishing to boost their career prospects. REQUIREMENTS Level 5 Accounting & Finance There are no specific requirements for Level 5 Accounting & Finance course because it does not require any advanced knowledge or skills. Students who intend to enrol in this Level 5 Accounting & Finance course must meet the following requirements: * Good command of the English language * Must be vivacious and self-driven * Basic computer knowledge * A minimum of 16 years of age is required CAREER PATH Level 5 Accounting & Finance This Level 5 Accounting & Finance course may lead you to a variety of career opportunities. * Accounts Assistant * Accounts Payable & Expenses Supervisor * Accounts Payable Clerk * Audit Trainee * Payroll Administrator / Supervisor * Tax Assistant / Accountant. * Accounting Clerk * Auditing Clerk * Accounts Receivable Clerk CERTIFICATES CERTIFICATE OF COMPLETION Digital certificate - Included

Level 5 Accounting & Finance
Delivered Online On Demand
£12

Level 5: Accounting & Finance

By Training Tale

***Level 5: Accounting & Finance*** Accounting and finance assist businesses in measuring, monitoring, and planning their operations. This Level 5: Accounting & Finance course has been designed to provide a thorough introduction to business Accounting and Finance as both an idea and a profession. This course will equip you with in-demand accounting and finance skills as well as the ability to complete practicable processes while working in an organisation. This could be tricky, especially if this is your first consignment in the accounting and finance sector. Our Level 5: Accounting & Finance course provides a solid understanding of accounting and financial methods, concepts, and duties to properly prepare you for a career in the accounting and finance sector. Learning Outcomes After completing this Level 5: Accounting & Finance course, learner will be able to: * Understand the essentials of accounting and finance * Understand the types of cost data and cost analysis * Gain a thorough understanding of contribution analysis * Understand break-even and cost-volume-profit analysis * Understand relevant cost and know to make short-term decisions * Know how to manage financial assets * Understand forecasting cash needs and budgeting * Cost control and variance analysis * Know how to manage accounts receivable and credit * Know how to manage inventory * Understand the time value of money * Know how to improve managerial performance * Understand capital budgeting decisions * Understand improve managerial performance * Understand sources of short-term financing * Know how to consider term loans and leasing * Understand long-term debt and equity financing * Understand accounting conventions and recording financial data Why Choose Level 5 Accounting & Finance Course from Us * Self-paced course, access available from anywhere. * Easy to understand, high-quality study materials. * Course developed by industry experts. * MCQ quiz after each module to assess your learning. * Automated and instant assessment results. * 24/7 support via live chat, phone call or email. * Free PDF certificate as soon as completing the course. ***Others Benefits of this Course * Free One PDF Certificate * Lifetime Access * Unlimited Retake Exam * Tutor Support [ Note: Free PDF certificate as soon as completing the course ] ***Level 5: Accounting & Finance*** Detailed Course Curriculum Module 1: Essentials of Accounting and Finance * Identify the Non-Financial Manager's Concern with Finance * The Importance of Finance * Financial and Operating Environment Module 2: Types of Cost Data and Cost Analysis * The Importance of Cost Data * Types of Costs * How Do Your Costs Behave? * Segregating Fixed Cost and Variable Cost * Cost Allocation * Cost Analysis * What You Can Learn from the Japanese? Module 3: Contribution Analysis * Should You Accept a Special Order? * How Do You Determine a Bid Price? * Determining Profit from Year to Year * Are You Utilising Capacity? Module 4: Break-Even and Cost-Volume-Profit Analysis * What is Cost-Volume-Profit Analysis? * What and Why of Break-Even Sales? * What is the Margin of Safety? * Cash Break-Even Point * What is Operating Leverage? * Sales Mix Analysis Module 5: Relevant Cost and Making Short-Term Decisions * What Costs Are Relevant to You? * Accepting or Rejecting a Special Order * Pricing Standard Products * Determining Whether to Sell or Process Further * Adding or Dropping a Product Line * Utilising Scarce Resources * Don't Forget the Qualitative Factors Module 6: Forecasting Cash Needs and Budgeting * Forecasts * Using Forecasts * Preparing Financial Forecasts * Budgets * The Sales Budget * The Production Budget * The Direct Material Budget * The Direct Labour Budget * The Factory Overhead Budget * The Ending Inventory * The Selling and Administrative Expense Budget * The Cash Budget * The Budgeted Income Statement * The Budgeted Balance Sheet * A Shortcut Approach to Formulating the Budget Module 7: Cost Control and Variance Analysis * Defining a Standard * The Usefulness of Variance Analysis * Setting Standards * Determining and Evaluating Sales Variances * Cost Variances * Labour Variances * Overhead Variances * The Use of Flexible Budgets in Performance Reports * Standards and Variances in Marketing * Sales Standards * Variances in Warehousing Costs Module 8: Managing Financial Assets * Working Capital * Financing Assets * Managing Cash Properly * Getting Money Faster * Delaying Cash Payments * Opportunity Cost of Foregoing a Cash Discount * Volume Discounts Module 9: Managing Accounts Receivable and Credit * Credit References * Credit Policy * Analysing Accounts Receivable Module 10: Managing Inventory * Inventory Management Considerations * Inventory Analysis * Determining the Carrying and Ordering Costs * The Economic Order Quantity (EOQ) * Avoiding Stock Outs * Determining the Reorder Point or Economic Order Point (EOP) * The ABC Inventory Control Method * Supply Chain Management Module 11: The Time Value of Money * Future Values - How Money Grows * Future Value of an Annuity * Present Value - How Much Money is Worth Now? * Present Value of Mixed Streams of Cash Flows * Present Value of an Annuity * Perpetuities * Applications of Future Values and Present Values Module 12: Capital Budgeting Decisions * Types of Investment Projects * What Are the Features of Investment Projects? * Selecting the Best Mix of Projects With a Limited Budget * Income Taxes and Investment Decisions * Types of Depreciation Methods * How Does MACRS Affect Investment Decisions? * The Cost of Capital Module 13: Improving Managerial Performance * What is Return on Investment (ROI)? * What Does ROI Consist of? - Du Pont Formula * ROI and Profit Objective * ROI and Profit Planning * ROI and Return on Equity (ROE) Module 14: Sources of Short-Term Financing * Trade Credit * Cash Discount * When are Bank Loans Advisable? * Working with a Bank * Issuing Commercial Paper * Using Receivables for Financing * Using Inventories for Financing Module 15: Considering Term Loans and Leasing * Intermediate-Term Bank Loans * Using Revolving Credit * Insurance Company Term Loans * Financing with Equipment * Leasing Module 16: Long-Term Debt and Equity Financing * Types of Long-Term Debt * Equity Securities * How Should You Finance? Module 17: Accounting Conventions and Recording Financial Data * Double Entry and the Accounting Equation Assessment Method After completing each module of the Level 5: Accounting & Finance course, you will find automated MCQ quizzes. To unlock the next module, you need to complete the quiz task and get at least 60% marks. Once you complete all the modules in this manner, you will be qualified to request your certification. Certification After completing the MCQ/Assignment assessment for this Level 5: Accounting & Finance course, you will be entitled to a Certificate of Completion from Training Tale. It will act as proof of your extensive professional development. The certificate is in PDF format, which is completely free to download. A printed version is also available upon request. It will also be sent to you through a courier for £13.99. WHO IS THIS COURSE FOR? Level 5: Accounting & Finance This Level 5: Accounting & Finance course is ideal for: * Candidates interested to start a career in accountancy * Business owners seeking to look after their own accounts * Existing accountancy workers in seeking higher positions or promotion * Accountancy workers with no formal qualifications * Anyone wishing to boost their career prospects. REQUIREMENTS Level 5: Accounting & Finance There are no specific requirements for Level 5: Accounting & Finance course because it does not require any advanced knowledge or skills. CAREER PATH Level 5: Accounting & Finance This Level 5: Accounting & Finance course may lead you to a variety of career opportunities. * Accounts Assistant * Accounts Payable & Expenses Supervisor * Accounts Payable Clerk * Audit Trainee * Payroll Administrator / Supervisor * Tax Assistant / Accountant. * Accounting Clerk * Auditing Clerk * Accounts Receivable Clerk CERTIFICATES CERTIFICATE OF COMPLETION Digital certificate - Included

Level 5: Accounting & Finance
Delivered Online On Demand
£12

An Introduction to Payroll Accounting

By Ideas Into Action

An Introduction to Payroll Accounting   Course Description   Copyright Ross Maynard 2021   COURSE DESCRIPTION Welcome to an Introduction to Payroll Accounting.   This course provides an overview of payroll accounting. It is aimed at accountants and business managers and owners new to payroll accounting and looking for straightforward coverage of the key elements and features of payroll. In this course we will cover the core elements of payroll; how gross pay is calculated; and issues when dealing with tips and benefits in kind. We’ll also look at tax-exempt deductions and the statutory deductions from pay. We’ll review the main elements of payroll taxation and social security contributions including the terminology used in the United States, Canada and the United Kingdom. And we’ll cover the calculation of Net Pay – that is the amount that the employee actually receives in their bank account. Finally we’ll explore the main journal entries required in the accounts. The principles and structure of payroll accounting are common across many jurisdictions, and the learning in this course applies in many countries of the world. For this reason, the course does not go into the detail of any country-specific legislation or regulations, and does not cover the particular tax rates, tax bands or deduction rates that apply in different jurisdictions. This course provides a grounding in the principles and structure of payroll accounting whatever your country of operation. I hope you enjoy it.     KEY LEARNING POINTS  On completion of the course, delegates will be able to: * Describe the main components of payroll including allowances, taxes and deductions. * Explain the terms Gross Pay, Taxable Pay and Net Pay * Identify the statutory taxes and deductions applicable in the United States, Canada and the United Kingdom * Complete the main Journal Entries required to process payroll  * Describe the elements recorded in a Payroll Register      CURRICULUM Lesson 1: First Principles in Payroll Accounting Lesson 2: Getting to Gross Pay Lesson 3: Allowances and Deductions Lesson 4: Income Taxes and Social Security Contributions Lesson 5: The Calculation of Net Pay Lesson 6: Specific Payroll Terminology for the United States, Canada and the United Kingdom Lesson 7: Payroll Journal Entries Lesson 8: Final Thoughts on Payroll Accounting Appendix: The Payroll Register     PRE-COURSE REQUIREMENTS There are no pre-course requirements     ADDITIONAL RESOURCES None     COURSE TUTOR Your tutor is Ross Maynard. Ross is a Fellow of the Chartered Institute of Management Accountants in the UK and has 30 years’ experience as a process improvement consultant specialising in business processes and organisation development. Ross is also a professional author of online training courses. Ross lives in Scotland with his wife, daughter and Cocker Spaniel

An Introduction to Payroll Accounting
Delivered Online On Demand
£9.42

Educators matching "Income Tax"

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Gladstone & Co.

gladstone & co.

London

Gladstone & Co. Accountants was founded in 2010 and since that time, has grown into a reliable service provider in East London. We are an assertive firm providing our clients a full range of accountancy, tax and other specialist business services. Because our firm is smaller than other national firms, we maintain close and open relationships with each of our clients and our commitment is to provide highest quality services . We provide services covering Accountancy, Payroll, VAT, Corporation Tax, Income Tax, Capital Gains Tax, Inheritance Tax planning, Business Plans, Business Formations, Self-Assessments, Cash Flow Forecasts, Management Accounting, UK Statutory Accounting to businesses. Our current clients include UK Limited Companies, Personal Service Companies, Self Employed Traders, LLPs and Charities. Our specialist services include Virtual FD Service, M&A, Business Process Outsourcing, Project Management, Consultancy & ERP Implementation and Accountancy & Systems Training. With the understanding that clients have all different needs, we have a service that can operate remotely or face-to-face. Many of our clients opt to use our services remotely while some prefer to discuss their business matters face to face. Over the last decade we have built reputation helping individual starters, start-ups businesses, small and medium enterprises and also large listed clients with our specialised services tailored to their individual requirements. We are passionate about building a service that will work to the benefit of each client.

Azure Charitable Enterprises

azure charitable enterprises

Cramlington

In recent years, our ability to generate funds from our charitable businesses has become increasingly important to our clients as budgets for the provision of care services (for our clients) have been progressively reduced (since 2009/10). Years of significant under funding (of Local Authorities across the country), coupled with rising demand and costs for care and support, have combined to push adult social care services to breaking point. Since 2010, Local Authorities have had to bridge a £6 billion funding shortfall just to keep the adult social care system going. In addition the Local Government Association estimates that adult social care services face a £3.5 billion funding gap by 2025, just to maintain existing standards of care, while latest figures show that councils in England receive 1.8 million new requests for adult social care a year – the equivalent of nearly 5,000 a day. Decades of failures to find a sustainable solution to how to pay for adult social care for the long-term, and the Government’s recent decision to delay (again) publication of its long-awaited green paper on the issue is increasingly problematic as political leaders (national and local) remain reluctant to discuss and inevitably determine that increases to income tax (e.g. 1p on basic rate income tax), and/or national insurance premiums (e.g. 1p increase) and/or council tax (e.g. 3%) are unavoidable and entirely necessary. While Azure is a non-political organisation, we are naturally concerned by the failure of policy-makers to grip what is, after all, a fairly rudimentary exercise in basic arithmetic. Moreover, from a practitioner perspective, the fragility of the system is illustrated most starkly by the number of care providers that are reluctantly closing their operations or returning contracts to Local Authorities with the result that there is significantly less choice and a lack of capacity to support the rising number of people with care needs. The Centre for Economics and Business Research have recently reported (December 2018) that 59% of the providers they surveyed (nationally) have said that they have had to hand back contracts over the past year and 68% have said they will need to do so in the near future. Service closures are obviously the last resort for any provider; and it is at odds with the way Azure and the majority of our fellow providers usually operate, particularly when we have supported individuals for the majority of their adult lives. It is, however, the clearest indication yet that the under funding of social care is having a deeply negative impact on providers and their ability to deliver critical support to vulnerable adults. We are indeed fortunate (to an extent) that the charitable businesses we operate - and public support for them – helps to sustain our care services. We are however concerned (and for many of our fellow care providers) that there is now: an untenable, over-reliance on the goodwill of an already-overstretched charity sector (that is already subsidising the delivery of care services); an entirely ill-advised presumption that the funding gap can be met by armies of unpaid or under-paid carers; an assumption that the approach to the delivery of care can be re-designed to balance budgets and deliver economies without having an adverse impact on the nature and level of care clients need.