GBM 103 – Accounting Fundamentals

Welcome to the Accounting world! This course is designed to provide you with a solid foundation in accounting principles and practices, the essential business language. Whether you’re aiming to pursue a career in business administration, manage your own company, or understand how financial decisions are made, this course will equip you with the necessary skills and knowledge.

You’ll learn the accounting fundamentals, including how to record, summarize, and analyze financial transactions. We’ll explore key accounting concepts like assets, liabilities, revenue, and expenses, and show you how they influence business decisions. You’ll also gain insight into the accounting cycle and how financial statements are prepared to reflect a business’s performance.

By the end of the course, you’ll have a comprehensive understanding of how accounting supports business operations, helps in strategic decision-making, and ensures compliance with legal requirements. This course is perfect for beginners, as it builds a strong foundation for further study in accounting or business management.

Key Learning Outcomes:

• Master key accounting terms and concepts.
• Understand the accounting cycle and how to prepare financial statements.
• Learn the role of accounting in budgeting, tax compliance, and performance evaluation.
• Develop the skills needed to make informed business decisions based on financial data.

Join us to unlock the world of accounting and start your journey toward becoming a financial expert in business!

* This course is part of the Global Business Management Diploma (GBM).