Management & Innovation

Basic Accounting Principles

Foundational Knowledge in Accounting for Professionals

Workload: 320 hours Topics: Payroll and Basic Accounting (Beginner)
Initial Registration โ€” 80 EUR This initial payment is credited toward tuition. Program-specific discounts may apply.
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Program overview

Basic Accounting Principles provides a comprehensive introduction to the essential concepts and practices in accounting, specifically tailored for individuals entering the business field. Participants will engage in a project-based learning environment that emphasizes hands-on experience and real-world application of accounting principles. The course is structured to facilitate understanding of fundamental accounting processes, enabling learners to effectively manage financial records and contribute to business operations.
Through interactive sessions, participants will explore various accounting topics that equip them with the necessary skills to navigate financial landscapes. The course culminates in a final project where learners will apply their knowledge to create a basic accounting system for a hypothetical business, reinforcing their learning through practical application. Additionally, participants are encouraged to publish their project results in Cademix Magazine, providing an opportunity for professional visibility and networking.
Introduction to Accounting Concepts
Understanding Financial Statements: Balance Sheet, Income Statement, Cash Flow Statement
The Accounting Cycle: Steps and Processes
Recording Transactions: Debits and Credits
Payroll Basics: Calculating Wages and Deductions
Managing Accounts Receivable and Payable
Introduction to Budgeting and Forecasting
Financial Reporting Standards and Compliance
Using Accounting Software for Small Businesses
Final Project: Creating a Basic Accounting System for a Hypothetical Business

Learning goal

Equip participants with foundational accounting skills applicable in business environments

Target group

Graduates, job seekers, business professionals, researchers, and consultants

Format and certification

Teaching method: Project-based, interactive

Certificate: Certificate of Attendance, Certificate of Expert

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Cademix Institute of Technology e.U.Continuing Education ยท Professional Development ยท Austria