Foundations of Finance & Accounting - Part 1

Foundations of Finance & Accounting - Part 1

Model: RMIBA1718-301
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Foundations of Finance & Accounting - part 1 (Accounting part)

The course Foundations of Finance & Accounting is divided in two exams: one of the Accounting part (mid-term) and a Finance part (end-term). In this first part, we will cover all the content that is requiered to pass the mid-term, so the Accounting part.

In the Accounting part, we will look how bookkeeping at firms is done. You will learn the rules of the world of accountancy, and both look and work with balance sheets, income statements and statements of cash flows. At every action that a company makes, accounting is involved. Imagine that Heineken receives an order of 1000 kilogram of hops. How do we have to process this on the balance sheet? Or, imagine that Audi borrows 500 million euro's to build a new production facility. How can we process this in our bookkeeping? In addition, we will look to fraud in bookkeeping and how you can avoid this.

This Reken Maar Summary is written by the same writer als the summary for Operations Management. We explain the content in a clear and structured way, and use many examples to make the course more vividly. Right after the explanation of the theory, you will find practice questions which enables you to train immediately with the theory you just learned. You will also find several complete past exams, where you can practice the content of the course as a whole, and a useful formala sheet with all the formules you have to know for the exam.

In short, a Reken Maar summary is everything you need to pass Foundations of Finance & Accounting!


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Content: Foundations of Finance & Accounting - part 1