Two Approaches to Business Strategy

Alongside the accountants at Central Products, you will learn to differentiate between Current and Long-Term Assets, explore Tax Reporting and choose between FIFO and LIFO methods, ultimately become confident in Capitalizing vs. Expensing and with Depreciation Methods.

Demystify the world of accounting as you become a protege of Tsong Hua, the quirky but blunt head of Central Products' Accounting Department. Explore all there is to know about creating balance sheets, income statements, cash flow statements, and even managerial accounting concepts like budgeting and differentials. Assist Tsong with real-world problems as she works through Central's array of assets, liabilities, equities and more in preparation for company growth and expansion.

Travel through time with Rachel and Sophie to analyze how past and present strategic decisions can affect the future state of a business organization. You will be whisked into the future to observe the next generation of Central Products, while your partner is simultaneously thrown into the past to uncover the strategies behind the recent demise of Lion Industries. These virtual case studies bring to life the importance of strategic planning and execution, including forecasting, managing disruption, external and internal analysis, positioning and branding.

A company could not function without payroll and associated employee expenses – that much is clear. But this course goes deeper, exploring pay structures, benefits, health insurance policies, and retirement and pension funds. You will also, learn the human resources skills of describing and assessing job positions.