Finance is the study of money and how this could mobilise. In particular, it relates to the question of how a person, company, or government obtains the necessary funds called capital. In the context of the company, it often regards as the way they spend or invest that money. Moreover, finance divided into three areas: personal banking, corporate finance and public finance.
Finance is also about the overall system. It is the financial markets that allow the flow of money between and within these sectors through investment and other financial instruments. The financial services sector facilitates the flow of finance. A primary focus within finance is that of investment management which is also called wealth management for individuals, and asset management for organisations. Finance then includes the associated activities of securities trading, investment banking, financial engineering, and risk management.
More precisely, finance is concerned with the investment and deployment of assets and liabilities more than “space and time”: it is about today’s valuation and asset allocation, based on the risk and uncertainty of future outcomes, over time. However, in academia, finance theory is studied and developed within the disciplines of management, (financial) economics, accounting and applied mathematics. Given its full application, there are many related professional qualifications, which may advance the field. As finance is an art or science is still open, recent attempts have been made to organise a list of unresolved problems in finance.
Hawkish Institute, which is part of the Hawkish group, we are here to provide a solution to a problem and influence knowledge and experience. We will tell you about all the practical aspects of financial and management accounting. Practical finance is your passport to your employment. Contact us today to get trained on your dream job.
Training – Bookkeeping
Bookkeeping is a record of financial transaction which is part of the accounting process, which include purchases, sales, receipts and payments by an individual or an organisation/corporation. There are several standard methods of bookkeeping that comprise single-entry and double-entry bookkeeping. Along with this, any process for recording financial transactions is a bookkeeping process.
Bookkeeping is the work of an accountant (or bookkeeper), who records the day-to-day financial transactions of a business. They typically write daybooks that contain records of sales, purchases, receipts, and payments, and document each financial transaction, be it cash or credit, in the right daybook such as the Petty cash book, the suppliers etc. After that, an accountant can make a financial report from the information entered by the bookkeeper.
Bookkeeping primarily refers to the record-keeping aspects of financial accounting and involves preparing source documents for all transactions, operations, and other events of a business.
The bookkeeper brings the books to the trial balance stage then an accountant can prepare an income statement and balance sheet using the trial balance and ledger prepared by the bookkeeper.
- Practical training on how to prepare books
- Training on error correction and review
- Preparation of Budgeting, cash flow and forecasting
- Training on Nominal codes and Company sectaries and be a certified Bookkeeper
- So much more for your success and growth…
Hawkish Institute, which is part of the Hawkish group, we are here to provide a solution to a problem and influence knowledge and experience. We will tell you about all the practical aspects of bookkeeping.
Practical training on bookkeeping is your passport to your employment.
Contact us today to get trained on your dream job.