Learning Outcomes

Introduction to Xero

Invoices and Sales

Bills and Purchases

Reconciling Bank Accounts

Lesson Summary

In this module, learn about Xero by exploring its features and navigation. The lessons then guide you to create and manage invoices and sales records. You also learn how to handle bills and purchases efficiently and understand how to reconcile bank accounts within the software.

Products and Services

Accounting for Fixed Assets

Basic Payroll Management

Basic Activity Statements

In this module, learn to handle essential business concepts with Xero. Understand how to offer and manage products and services in Xero or how you can manage assets in Xero. Explore managing salaries and wages and discover "basic activity statements,"  a feature to present and analyze financial data in Xero.

Accounts Management Using Xero - Course Assessment

Learn how to use Xero to manage organisational accounts, finances and payroll in this free online accounting course.

Accounts Management Using Xero

This accounting and bookkeeping course explains how to use the features of Xero, a cutting-edge cloud-based accounting platform that improves financial management. Xero is a must-have financial tool for any enterprise and a crucial skill for any accounting professional. This Xero tutorial provides the knowledge and skills required to manage accounts with ease. Sign up to learn how to use Xero to manage your personal or organisational finances.

Introduction to Financial Management

Financial Decision Areas

Other Financial Decision Areas

Scope of Financial Management

Roles of Financial Managers

Learn about the fundamental concepts of financial management from this module. You will study the important financial decision areas and the scope of financial management, along with the dynamic roles of financial managers.

Introduction to Financial Planning

Financial Forecasting

Financing Requirement

Components of Financial Planning

Learn more about the components of financial plans and forecasting financial statements from this module. You will also study methods of determining the external financing requirements, along with estimating the relevant growth rates.

Introduction to Time Value of Money

Future Value of A Single Amount

PV of Single Amounts and FV of an Annuity

Annuity and Sinking Fund

Practical Applications of Annuity

PV of Annuity - Practical Applications

PV of Growing Annuity and Perpetuity

Learn more about the practical applications of the time value of money in financial management from this module. Get to study the present and future values of annuities and perpetuities, along with varying compounding periods.

Introduction to Capital Budgeting

Capital Budgeting Process

Evaluating Investment Proposals

Net Present Value Criteria

Profitability Index and IRR

Internal Rate of Return

Learn about the processes involved in capital budgeting and the types of investment projects from this module. You will also learn about evaluating investment projects using the discounted and non-discounted investment criteria.

Modified Internal Rate of Return

MIRR and Payback Period

Accounting Rate of Return

Capital Budgeting in Practice

Capital Budgeting Problems - NPV and IRR

Capital Budgeting Problems - Mutually Exclusive Projects

Learn about the discounting and non-discounting techniques for appraising investment proposals from this module. You will get to study the modified internal rate of return, payback period, and accounting rate of return techniques.

First Assessment

You must score 80% or more to pass this assessment.

Introduction to Estimation of Project Cash Flows

Role of Managers and Cash Flow Stream

The Incremental Principle

Post-Tax and Consistency Principles

Constant Cash Flow Estimation

Learn about the guidelines of the basic principles of project cash flow estimation from this module. You will also study the role of financial managers in estimating cash flows and the elements of the cash flow stream.

Variable Cash Flow Estimation

Variable Cash Flow Estimation - Part 2

Cash Flows for Replacement Proposals

Inflation Adjustment

Cash Flow Problem

Replacement Cash Flow Problem

Learn about estimating project cash flows for capital budgeting decisions from this module. You will also study the relevant cash flows for replacement proposals and ways of adjusting cash flows for inflation.

Introduction to Risk Analysis

Sources and Perspectives of Risk

Techniques of Risk Analysis

Break-Even Analysis

Hiller's Model and Simulation Analysis

Decision Tree Analysis

Corporate Risk Analysis

Learn about the techniques of risk analysis for capital budgeting from this module. You will also study the use of diversification strategies in corporate risk analysis and the methods of project selection under risk.

Introduction to Cost of Capital

Sources of Debt Capital

Calculating the Cost of Capital

Approaches to Cost of Equity

WACC and Capital Structure

Divisional Cost of Capital and Flotation Costs

Misconceptions and Assumptions

Learn about the methods of estimating the weighted average cost of capital from this module. You will also learn about determining the optimal capital budget schedule, along with adjusting for floatation costs.

Approaches to Capital Structure

The Modigliani-Miller Theory

The Modigliani-Miller Theory - 2

Tax Effect on Capital Structure

Optimal Capital Structure and Dividend Policy

Learn about various approaches to determining the optimal capital structure of a firm from this module. You will also study the Modigliani-Miller theory and other theories such as the signaling theory and the pecking order of financing.

Second Assessment

Diploma in Financial Management for Managers - Final Assessment

Learn about the concepts of financial management that are essential for today's managers from this free online course.

Diploma in Financial Management for Managers

Diploma in Financial Management for Managers is a free online course that teaches you the basic concepts and principles of finance and financial management. Learn about the techniques and processes essential for deciding on investment proposals for capital budgeting, estimating project cash flows, and computing the cost of capital for projects. Register for this course today and develop your career as a finance professional.

Introduction to Business Accounting and Finance

In this module, you will learn all about business finance. Study the history of business finance and discover why most businesses fail within a short period of time. You will be taught the principles of business finance and learn the significance of financial documents such as the balance sheets, income statements and the cash flow statement.

Introduction to Business Finance - Course Assessment

Study the history, principles, and investment analysis tools of business finance in this free online finance course.

Introduction to Business Finance

Did you know that business data available in both the United States and the United Kingdom suggests that forty to fifty per cent of new businesses fail within five years? If you are a manager, or a student of management, then this free online course is perfect for you. This finance certification is going to help you learn how to raise money for your business and how to properly manage your investments to generate consistent returns.

Accounting Equation and Transactions

Steps When Recording Transactions

This module introduces you to an account and the basic terminology, meaning, and accounting functions. In addition, you will learn about assets and liabilities and how to go about recording an accounting transaction.

Purchases and Sales - Credit vs Cash

Revenues and Expenses

Amortization and Discounts

This module will introduce you to what a transaction is and the different types of transactions in the double-entry accounting system. Additionally, you will learn about the different types, expenses and discounts that may affect an account.

Master the Double-Entry Accounting System - Assessment

Become an expert at the double-entry accounting system and reduce accounting errors with this free online course.

Master the Double-Entry Accounting System

This is an introductory course on how to use a double-entry accounting system. It highlights the advantages of using the system in an easy-to-follow manner. Do you struggle to balance your company’s books? Do you need assistance with fiscal reporting to deter fraud? Start this free accounting course today and find the solution to all your frustrating problems.

The Purpose of Management Accounting: Planning & Decision Making

Cost-Volume-Profit Analysis

Cost Accounting

This module provides an overview of cost and management accounting theories that enable effective strategy execution based on cost analysis. The concepts discussed include management accounting operations, classification of costs, cost behaviour, standard costing, variance analysis, and break-even analysis.

Cost and Management Accounting - Course Assessment

Learn how management accounting drives decision-making and provides a strategic advantage in this free online course.

Cost and Management Accounting: Planning for Effective Strategy Execution

This accounting course explores cost and management accounting theories that let decision-makers execute strategies effectively through sophisticated planning. These accounting theories are applied by accountants in financial and performance management operations to make a meaningful impact on business growth. We discuss the purpose and elements of cost and management accounting in detail and explore their role in guiding smart decision-making.

Introduction

Accounting Equation and Terminology

Accounting Assumptions, Standards, and Principles

Accounting Systems and Preparation of Reports

Balance Day Adjustments in the General Journal and Ledger

This accounting module dives into the terminology employed in financial circles, the principles used in basic accounting and the systems put in place to ensure financial control is maintained. The accounting course explores the main financial statements including the profit and loss account, the balance sheet and the everyday adjustments that have to be made.

Fundamentals of Accounting - Assessment

Learn the basics of accounting principles and how to analyse financial accounts, with this free online course.

Fundamentals of Accounting

This free online course, updated in 2025, will guide you through the fundamentals of accounting in a clear and step-by-step manner. By the end of the course, you will have a much stronger understanding of the main financial statements used in accounting systems, including the profit and loss account and the balance sheet. The course will also guide you through important accounting terminology and principles. Get started today.

The Purpose of Financial Statement & Accounting Ratio Analysis

Methods of Financial Statement Analysis & Performance Ratios

Activity Ratios, Liquidity Ratios, and Working Capital

Investor, Dividend, and Return on Capital Ratios

This module investigates the theories that enable value-adding analytical questions to be asked and answered using the most appropriate methods. Learners explore the purpose of financial information analysis and develop an understanding of the framework employed in an analytical strategy.

Financial Statement Analysis - Course Assessment

This free online accounting course explains how to use financial statement analysis to improve decision-making.

Financial Statement Analysis: Accounting Ratios & Analytical Strategy

This course on financial statement analysis provides an overview of financial accounting ratios and financial statement analysis theory that analysts and accountants use in financial analysis and management. We help you to develop a technical understanding of financial accounting ratio analysis. We also explain how to navigate published financial statements of an organisation to extract the information you need to make smart financial decisions.

2U Market Cap Falls Below edX Acquisition Price. Google to Blame?

12 Best Data Analysis Courses for 2025: From Data to Insights

Harvard CS50 Guide: How to Pick the Right Course (with Free Certificate)

11 Best ChatGPT & Prompt Engineering Courses for 2025

Udemy’s Last CEO Quietly Moves On: Joins a Tax & Compliance Company as CEO

Udemy Q4 2025: First Profitable Year Ends in a Loss

7 Best Reverse Engineering Courses for 2025

[2025] 2000+ Free SWAYAM + NPTEL Courses

20 Most Cited Research Papers on MOOCs

7 Best Low-Code/No-Code Development Courses for Beginners in 2025

6 Best Courses to Become an Influencer in 2025

Chinese Edtech Pivots: Well-rounded Education, Hardware, Agriculture E-commerce, Fast-Food, Garments, and More

Learn Something New: 100 Most Popular Courses For December

Coursera Announces Layoffs, Stock Plunges Despite $100M Milestone

[2025] 300+ Free Digital Marketing Certificates & Badges

The Business of Online Education: A Deep Dive Into Coursera’s Financials