By Sentinel | 9 ., Business Expert

Finacial Accounting & Statements

Gain Competencies in Accounting (Part #3)
Language: English
All Levels

What you will learn

  • Determine various ratios and calculate using standard job costing, process costing, activity-based costing, JIT inventory system, EOQ model, and the concept and application of standard costing including: Working Capital & Liquidity – Debtors, Creditors & Inventory Days; Cash Flow Statement – Operational & Reporting Formats; Economic Value Added (EVA) & Cash Flow Return on Investment (CFRIO); Key Ratio Analysis – Short Term Acid Tests & Long Term Viability.

Course description

This course introduces students to the fundamentals of financial and management accounting viewed from the perspective of the business manager. It focuses is on critical evaluation of accounting information contained in financial statements and application of key cost and management accounting techniques in daily business decisions. 

This course enables a better understanding and interpretation ability of a company’s cash-flows and profit, different classes of assets, liquidity positions, operating efficiency.


  • No prerequisites. 
  • No materials distributed. 
  • No formal assessments required. 

Course overview - 8

  • Working Capital & Liquidity – Debtors, Creditors & Inventory Days

  • Permanent and Cyclical Working Capital

  • Forms of Working Capital Financing

  • Determinants of Working Capital

  • Cash Flow Statements - Operational and Reporting Formats

  • Economic Value Added (EVA) & Cash Flow Return on Investment (CFRIO)

  • Cash Flow Return on Investment (CFROI)

  • Key Ratio Analysis – Short Term Acid Tests & Long Term Viability

Learners who have already enrolled in this course

Meet your instructor

Sentinel | 9 .
Sentinel | 9 .Business Expert
Sentinel | 9 is now offering educational courses and specialised modules from its industry-leading graduate-level Business program. This package is usually provided via Higher Education partners, where it comes with a Degree upon completion. However, for individuals seeking valuable education and knowledge without the hassle of enrolling in university, Sentinel | 9 has redeveloped its resources into easily accessible learning content. These resources are a perfect fit for individuals who want to sharpen their business skills, learn about new practices in business or wish to educate themselves in something new. The Sentinel | 9 material is developed with consultation from industry experts, professorial, doctoral, and postdoctoral in-house academics to ensure learning is of the highest quality. Through this offering, users will now have access to high-quality, practical, on-demand resources across all aspects of business, including business strategy, business law, finance, marketing strategy, economics, organisation behaviour, leadership, human resources, accounting and more.