Accounting Express

Webinar 1: Introduction to the subject area of accounting (approx. 2.5 hours)

• Accounting as a branch of business administration and management
• Tasks, purpose and areas of accounting.
• Differences between external and internal accounting.
• Important legal principles and innovations.
• Important terms: including accounting, international accounting, bookkeeping, cost and performance accounting, planning and budgeting, inventory, stocktaking, balance sheet.
• Classification of operating assets as the basis for differentiating between expenses/income, payments/receipts, expenditure/revenue.
• Exercises: Consolidate your specialist knowledge on the topic "Accounting".

Webinar 2: Practical bookings, balance sheet, profit and loss account (approx. 2.5 hours)

• Accounting structure: balance sheet and income statement
• Posting to balance sheet accounts - Changes in value in the balance sheet - Assets and liabilities - Source and application of funds.
• Posting to income statement accounts and effects on the income statement.
• Postings taking VAT into account.
• How are the annual financial statements prepared? Organization of financial accounting, keyword: digitization.
• Exercises: From theory to practice - calculation examples and exercises,
  Accounting records/accounting according to the industrial chart of accounts (this is available for you in your learning environment).

Webinar 3: The annual financial statements according to HGB, tax law and IFRS (approx. 2.5 hours)

• Basis of valuation: Section 252 HGB.

• German principle of prudence vs. fair presentation according to IFRS.

• Valuation of assets - fixed assets and depreciation - property, plant and equipment .

• Equity and liabilities: Deferred income - Provisions - Liabilities.

• Key differences between HGB and IFRS

• Where can you find what and what other information can be obtained?

• Exercises: Consolidate your specialist knowledge in the areas of "Annual financial statements" and "Closing entries".

Webinar 4: Analysis of the annual financial statements and its components as well as the summarized performance review (approx. 2.5 hours)

• Summary: External accounting information - Obligations of the annual financial statements - Information and publication - Notes - Management report.
• Evaluation of the external annual financial statements: The most important key figures for balance sheet analysis.
• Capital resources - investment - financing - asset accumulation - liquidity - cash flow analysis.
• Reporting for controlling and management.
• Summarized performance review.

Procedure: 

• Each module consists of a lecture and an exercise and discussion component.
• Between the four webinars, you will consolidate your acquired knowledge with exercises.

Optional: E-test

• Finally, document your acquired knowledge with an optional e-test with certificate.