Online courses directory (221)
"21 Steps To Building A Web Business"" is ALISON’S free online course covering the skills and techniques needed to create a successful online business. Chris Farrell, voted Number 1 Internet Marketing Service Provider, describes the process of developing an online business in a non-technical and step-by-step manner.<br /><br />The course is ideal for those who've always wanted to create an online business but lack the skills or knowledge to do so. <p> </p>
For any business or organization, the need to control and monitor cash transactions to ensure the efficient operation of the business is vital. In ALISON's free online accounting course, procedures and structures for establishing internal control such as control of cash receipts and cash disbursements, proper use of the bank checking account, preparation of the bank reconciliation, and protection of petty cash funds are all explored in detail. Examples of recommended documentation and the postings used in the ledgers are given. An overview of the five components for internal control is described and this provides a structure for developing the necessary procedures needed to ensure the safe handling of cash within an organization. You will also see how companies can protect both their assets and employees by following steps such as segregating employee duties, assigning specific duties to each employee, rotating employee job assignments, and using mechanical devices. <br /><br />ALISON's free online accounting course will be of great interest to entrepreneurs and business professionals who would like to better understand how to control and monitor daily cash transactions within an enterprise, and to any learner who is interested in accounting as a future career.<br />
Merchandising retailers and wholesalers use inventory costs to calculate the cost of goods sold as these are a major expense affecting net income and the balance sheet. In this free online accounting course learners are brought step-by-step through this process from the physical counting of goods, to the inclusion of costs such as transport or insurance, to the calculation on the value of the goods thereby connecting the cost of goods through to retained earnings and the balance sheet. The different methods of apportioning costs to a stock item, such as FIFO and LIFO, are discussed and topics such as net realization or gross margin are explained and explored. The importance of having accurate inventory figures and the serious consequences of using inaccurate inventory figures is also explained. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to better understand how to allocate inventory costs flow for the wholesale and retail sectors, and to any learner who is interested in accounting as a future career.<br />
In this course you will learn how to account for and manage receivables and payables. For the receivables you will learn how to calculate a bad debt provision amount based on a company’s history using both the aging schedule and the allowance method. The bad debt amount for the financial reports is then managed by posting that provision, and then processing the realized loss of revenue when it becomes overdue. On the payables side you will learn how to make provision for known liabilities, estimate liabilities such as warranty liabilities and how to plan for the contingent liabilities mostly resulting from legal issues. The course also looks at raising short term finance through the use of promissory notes – distinguishing between interest bearing notes and discounted notes with examples of calculations of the postings for each. You will also learn about accounting for notes that are dishonored. The final section explains the use of the accounts receivable turnover and the number of days’ sales in accounts receivables ratios and the relevance of the level of liquidity they represent. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to better understand, manage and account for the receivables and payables, and to any learner who is interested in accounting as a future career.<br />
In this free online accounting course you will be introduced to accounting and its use in making business decisions. You will learn how to identify and describe the three basic forms of business organizations, and also distinguish among the three types of activities performed by business organizations. The course then describes the content and purposes of the income statement, statement of retained earnings, balance sheet, and statement of cash flows. You will learn about the basic accounting equation and describe its relationship to the balance sheet. The course then shows you how to prepare an income statement, a statement of retained earnings, and a balance sheet, and also how to analyse and use the financial results—the equity ratio. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to get a thorough introduction to accounting principles, and to any learner who is interested in accounting as a future career.<br />
This course introduces the basic financial statements used by most businesses, as well as the essential tools used to prepare them. This course will serve as a resource to help business students succeed in their upcoming university-level accounting classes, and as a refresher for upper division accounting students who are struggling to recall elementary concepts essential to more advanced accounting topics. Business owners will also benefit from this class by gaining essential skills necessary to organize and manage information pertinent to operating their business. At the conclusion of the class, students will understand the balance sheet, income statement, and cash flow statement. They will be able to differentiate between cash basis and accrual basis techniques, and know when each is appropriate. They
This course introduces the body of theory underlying accounting procedures. It puts the core practices and principles, covered in the previous courses, into a framework of theoretical concepts. This free online course will give learners an understanding of the theory behind the accounting process and will help learners make decisions in diverse accounting situations as is provides a logical framework for accounting practice. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to get an understanding of the theory behind the accounting practices that we use day today, and to any learner who is interested in accounting as a future career.
This free online course looks at the way in which the buying and selling of goods is accounted for in the merchandising sector as opposed to the manufacturing sector. As the inventory is the focus of such businesses, managing the accounts and finance related to purchasing, trade and chain discount, transport costs and invoice terms is critical as they are the major contributors to the gross profit. Students will also learn about the differences between perpetual and periodic inventory processes, both from a physical and accounting perspective. The learner will be walked through the process of calculating the cost of paying for goods as per the invoice terms, using borrowed monies, versus the cost of paying for them on the invoice due date. The learner will see how to calculate the cost of goods sold and see an example of a classified income statement used to calculate the net profit for this sector. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to better understand the management of stock and related cash flow for the wholesale and retail sectors, and to any learner who is interested in accounting as a future career.<br />
Tom Kelley is the highly respected general manager of IDEO, a firm that helps its clients create innovative products, services and environments. He is also the author of best-selling books on creativity. <br /><br />In ALISON's free online course about achieving personal success, Kelley starts by explaining how achieving personal success depends on implementing good, healthy mental habits. The course explains how you should treat life as an experiment, how you should be willing to fail and learn from your mistakes. Kelley advises that you should have confidence in what you know well, but realize that you have a lot more to learn and that you must keep yourself learning at all times. You will also learn about using your whole brain and how you should make the most of opportunities to use the right side of the brain. <br /><br />This course will appeal to all working professionals in businesses and organizations, and students who want to gain greater knowledge and understanding about achieving personal success.<br />
Financial reports are used to see how a business is performing and therefore they should accurately reflect how the business performed during the period under review. The matching principle or accruals basis of an accounting system records more accurately the true revenues earned and costs paid for the period in question. The cost of rent and capital purchases are spread over the life of the purchase rather than distorting the accounts in the period the purchase was made. Likewise wages owing or interest payable is spread pulled into the period where they were used rather than when they were paid. In this free online accounting course students will learn how to determine if an account needs adjustment entries due to the matching principle concept. They will be introduced to the two classes and four types of adjustments resulting from unearned revenue, prepaid expenses, accrued expenses and accrued revenue, along with typical examples of each type of adjustment. Depreciation is explored in more detail as the effect on the balance sheet can be significant. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to get a thorough introduction to accounting principles, and to any learner who is interested in accounting as a future career.<br />
This course introduces interactive oral and interpersonal communication skills critical to leaders, including strategies for presenting to a hostile audience, running effective and productive meetings, active listening, and contributing to group decision-making. There are team-run classes on chosen communication topics, and an individual analysis of leadership qualities and characteristics. Students deliver an oral presentation and an executive summary, both aimed at a business audience.
Aggregate supply and demand are key concepts in macroeconomics as they help economists interpret events in the past to help predict the future. The aggregate supply curve model demonstrates the relationship between the overall price level of a country and the quantity of goods and services produced by the suppliers of that country, whereas the aggregate demand curve model demonstrates the quantity of goods and services produced domestically that consumers, businesses, the government and foreigners are willing to purchase during a particular period of time. This free online economics course first introduces the learner to the business cycle to show that the local economy is constantly expanding and contracting in response to changes in the global economy, technology and national and international politics. The course then introduces the concept of aggregate demand, how it shifts and how it is modelled. You will also learn about aggregate supply, and how changes in supply can be slower than changes in demand. This free online economics course will be of great interest to professionals in the areas of economics, finance, and business who would like to learn more about modelling aggregate supply and demand. It will also appeal to all learners interested in business, economics or political studies who would like to understand why the health of the economy is cyclical and why one event can have a significant effect on an economy.<br />
Imagine that you are a bank and a main part of your daily business is to lend money. Unfortunately, lending money is a risky business - there is no 100% guarantee that you will get all your money back. If the borrower defaults, you will face losses in your portfolio. Or, in a bit less extreme scenario, if the credit quality of your counterparty deteriorates according to some rating system, the loan will become more risky. These are typical situations in which credit risk manifests itself.
According to the Basel Accord, a global regulation framework for financial institutions, credit risk is one of the three fundamental risks a bank or any other regulated financial institution has to face when operating in the markets (the two other risks being market risk and operational risk). As the 2008 financial crisis has shown us, a correct understanding of credit risk and the ability to manage it are fundamental in today’s world.
This course offers you an introduction to credit risk modelling and hedging. We will approach credit risk from the point of view of banks, but most of the tools and models we will overview can be beneficial at the corporate level as well.
At the end of the course, you will be able to understand and correctly use the basic tools of credit risk management, both from a theoretical and, most of all, a practical point of view. This will be a quite unconventional course. For each methodology, we will analyse its strengths as well as its weaknesses. We will do this in a rigorous way, but also with fun: there is no need to be boring.
Thanks to the wonderful feedback of last year’s students, the course has been further improved.
Follow us on Twitter @CRMooc for updates and hints about the course.
What is the estimated effort for course?
The total effort is 48 hours. You can decide for yourself when you will work on the course.
How much does it cost to take the course?
Nothing! The course is free.
Will the text of the lectures be available?
Yes. All of our lectures will have transcripts synced to the videos.
Do I need to watch the lectures live?
No. You can watch the lectures at your leisure.
Is this course related to campus courses of Delft University of Technology?
Yes, this course can be seen as an evolution of the WI3421TU Risk Management course, a compulsory course of the Minor Finance at TU Delft.