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Business Accounting 2 Online Course with Certificate

Acquire hands-on skills in advanced business accounting. Learn financial reporting, cost management, budgeting, and performance analysis. Study at your own pace or join a tutor support program.

Learning Outcomes

 

1. Prepare Financial Statements for - Non Profit Making Organizations.

2. Reconcile - Bank Statements.

3. Prepare Accounts and Financial Statements from - Incomplete Records.

4. Explain the Treatment of - Consignment and Joint Venture Accounts.

5. Prepare accounts for - Hire Purchase Transactions.

6. Distinguish the different bases of - Preparing Financial Statements.

7. Apply - International Financial Reporting Standards.

 

Course Overview (Video)

Course Curriculum

 

Unit 1. Incomplete Records

Unit 2. Accounts for Non - Profit

Unit 3. Inventories

Unit 4. Cash Flow Statements

Unit 5. Income Taxes

Unit 6. Property, Plant and Equipment

Unit 7. Leases (IFRS 16)

Unit 8. Revenue (IFRS 15)

Unit 9. Effects of Changes in Foreign Exchange (IAS 21)

Unit 10. Borrowing Costs

Unit 11. Impairment Assets (IAS 36)

Unit 12. Investment Property (IAS 40)

Unit 13. Provisions and Contingencies (IAS 37)

Unit 14. Intangible Assets (IAS 38)

Unit 15. Consignment and Joint Venture

Unit 16. Joint Venture Accounts

Unit 17. Hire Purchase Accounts

Unit 18. Final Mock Exam

  • Unit 1. Incomplete Records

    • Lecture 1. Incomplete Record Explained

    • Lecture 2. Opening Capital Unknown

    • Lecture 3. Cash Book Balance Unknown

    • Lecture 4. Credit Sales and Purchase Unknown

     

    Unit 2. Accounts for Non - Profit

    • Lecture 1. Income and Expenditure Account

    • Lecture 2. Subscriptions Account

    • Lecture 3. The Statement of Affairs ( Activity 1)

    • Lecture 4. Preparing Subscriptions Account

    • Lecture 5. Preparing I & E Account (Activity 2)

    • Lecture 6. The Statement of Financial Position

  • Unit 3. Inventories

    • Lecture 1. The Cost of Inventories

    • Lecture 2. The Net Realisable Value (NRV)

     

    Unit 4. Cash Flow Statements

    • Lecture 1. The Cash Flow Statement

    • Lecture 2. The Indirect Method (Activity 1)

    • Lecture 3. The Direct Method (Activity 2)

     

    Unit 5. Income Taxes

    1. Lecture 1. Accounting for Current Taxes

    2. Lecture 2. Accounting for Deferred Taxes

    3. Lecture 3. Provision for Deferred Taxes

     

    Unit 6. Property, Plant and Equipment

    • Lecture 1. Property, Plant and Equipment Explained

     

    Unit 7. Leases (IFRS 16)

    • Lecture 1. Leases Explained (IFRS 16)

     

    Unit 8. Revenue (IFRS 15)

    • Lecture 1. IFRS 15 Revenue Explained

    • Lecture 2. The 5-step Framework

    • Lecture 3. Contract Asset

     

    Unit 9. Effects of Changes in Foreign Exchange (IAS 21)

    • Lecture 1. 1AS 21 Effects of Exchange Rates Explained

    • Lecture 2. Computing Exchange Differences (Worked Example)

     

    Unit 10. Borrowing Costs

    • Lecture 1. Accounting for Borrowing Costs

    • Lecture 2. Treatment of General Borrowings

    • Lecture 3. Determining Eligible Borrowing Costs

     

    Unit 11. Impairment Assets (IAS 36)

    • Lecture 1. Impairments of Assets Explained

     

    Unit 12. Investment Property (IAS 40)

    • Lecture 1. Investment Property Explained

     

    Unit 13. Provisions and Contingencies (IAS 37)

    • Lecture 1. Provisions and Contingencies Explained

     

    Unit 14. Intangible Assets (IAS 38)

    • Lecture 1. IAS 38 Intangible Assets Explained

    • Lecture 2. Research and Development Cost (Worked Example)

    • Lecture 3. Measurement of Intangible Assets

     

    Unit 15. Consignment and Joint Venture

    • Lecture 1. Consignment Accounts

     

    Unit 16. Joint Venture Accounts

    • Lecture 1. Joint Venture Accounts

     

    Unit 17. Hire Purchase Accounts

    • Lecture 1. Hire Purchase Explained

     

    Unit 18. Final Mock Exam

Course Resources
The study textbook covers progressive notes targeting the entire Business Accounting 2 syllabus including review exercises to test your understanding of the subject.
The Business Accounting Revision Kit complements the study text by providing you with the opportunity to practice exam-style questions covering the fundamental principles of accounting and bookkeeping. This essential resource is designed to reinforce your understanding of key concepts, enhance your problem-solving skills, and prepare you effectively for your exams.
Free Trial
Ush0
Valid for one Week
7-days Limited Access
Live Online
Ush300,000
(≈ $79)
Live Online Lectures
Instructor Led and Interactive
Perfect for participants looking for weekly classes
Lecture Notes & Slides
Class Assignments & Tests
Mock Examinations
Practice Questions with Solution
24/7 Tutor Support
Self Paced
Ush185,000
(≈ $49)
Perfect for participants unable to attend live classes
E-learning at your own Pace
Lecture Videos
Lecture Notes and Slides
Tests & Quizzes
Mock Examinations
Practice Questions with Solution

Pricing Plans

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Frequently Asked Questions

  • The course starts now and never ends!  It is a completely self-paced online course. You decide when you start and when you finish.


    If you pay for a Tutor support plan, you will get to attend weekly live interactive sessions with your Tutor in addition to following your own study plan.

  • How does life-time access sound? After enrolling you have unlimited access to this course for as long as you like across any and all devices you own.

  • We would never want you to be unhappy! If you are unsatisfied, with your purchase, contact us in the first 7 days and we will give you a full refund.

  • You will get a custom certificate signed by your lecturer for every short course and master class. Students undertaking professional courses such as CPA(U), ATD, and CTA will get their certificates and result slips from the ICPAU.

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Target Group

All individuals that want to pursue a career in accounting and all those persons that want to kickstart their own business or consultancy business.

CPA Innocent Mugisha is a Professor of Finance and Accounting with over 10 years' experience in teaching Accounting, Finance, Taxation, Auditing and Statistics related courses including hands-on courses on common accounting system such as tally, quickbooks and sunsystems both at University and Professional level. His qualifications are; PhD (candidate), MBA(Finance), CPA(U), FCCA, CIPS, CTA and BCOM (Accounting). Innocent has also published various books on most topics in Accounting and Finance for Business and Professional Studies.

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