course | Certified Accounting Professional

Budgeting and Forecasting
 

• Purposes and Reasons for Budgets
• Stages in the Budget Preparation Process 
• Preparation of the Master Budget 
• Activity-Based Budgeting (ABB)
• Responsibility Accounting and Variance Analysis
• Quantitative and qualitative Forecasting Tools and Techniques
• Time series; moving averages; exponential smoothing; Pareto Analysis; trend progression; linear regression; correlation
• Forecasting long- and short-term sales revenues, and sales pricing 

Cost Accounting
 

• Differences between financial accounting and management accounting 
• Differences between marginal costing and absorption costing 
• Concepts of relevant costs, benefits of standard costing, and budgetary control 

CVP And Business Stability 
 

• Break-Even Analysis 
• The Basic Costing Systems and Insights More on Costing Systems for Service and Non-Profit Organizations
• The Insights of Process Costing and More on Cost Accounting 

Internal Audit and Corporate Control
 

• Internal Auditing 
• Types Of Internal Audits 
• Steps In The Internal Audit Process: An Overview
• Risk Assessment Strategies 
• Evaluating And Documenting The System Of Internal Controls 
• Audit Programs 

Financial Statement Analysis
 

• Defining the different types of financial reports 
• Financial Ratios Analysis:
•  Liquidity ratios
• Performance assessment ratios
• Solvency ratios/Leverage ratios
• Profitability ratios
• Stock ratios