Easy-to-Understand Accounting Principles

The foundational knowledge of accounting principles and elements comprising accounting, such as inventory, currency, bonds, and capital, are structured primarily with examples. Content on inventory, the time value of money, bonds, and capital is presented clearly with diverse practical exercises.

3 learners are taking this course

Level Intermediate

Course period Unlimited

Accounting
Accounting
Accounting
Accounting
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What you will gain after the course

  • Understanding basic accounting concepts provides a logical framework for analyzing a company's financial health and profitability.

  • Understand the concept of inventory assets and be able to grasp the quantity determination method.

  • Can calculate the present and future value of money.

  • Can grasp debt and capital concepts.

  • Solving this Issue helps understand logical approaches and, based on these, develop application skills for similar Cases.

The core of management, corporate accounting!

Presentation of core accounting principles through various cases!


The corresponding accounting principles are applied to the phenomena that appear in various business activities of a company. In other words, accounting principles are important elements that are directly/indirectly related to all business activities of a company. Basic knowledge and management skills in the field of accounting are necessary capabilities not only for those in the financial department but also for those in the non-financial department. In this course, the contents of inventory assets, time value of money, debentures, and capital are presented in an easy-to-understand manner with various practical cases.

It is organized based on case studies of the basic knowledge of accounting principles and the elements that make up accounting, such as inventory assets, currency, bonds, and capital.


Educational Features

  • By understanding the basic concepts of accounting, you can logically understand the framework for analyzing a company's financial status and profitability.

  • You will be able to understand the concept of inventory assets and determine how to determine quantity.

  • You can calculate the present value and future value of money.

  • You can understand the concept of debt and equity.

  • By solving the problems of the corresponding issue, you can understand the logical approach and develop the ability to apply this method to similar cases.



Presenting key points centered on practice

  • Topic-based learning is possible through micro-learning centered on core keywords that can be immediately applied in practice.

Course Contents


  1. The concept of inventory assets and acquisition cost

  2. Continuous Recording and Real-Time Recording

  3. Individual law

  4. First-in, first-out and last-in, first-out methods

  5. Grand average method and moving average method

  6. Loss of appreciation and loss of valuation

  7. Retail Inventory Act

  8. The concept of private debt and the principle of pricing

  9. Discounted issuance of bonds

  10. Premium issuance of private bonds

  11. The concept and classification of capital

  12. Capital and capital surplus

  13. Capital adjustment (treasury stock)

  14. Capital adjustment (other capital adjustment)

  15. Retained earnings

  16. Statement of disposal of retained earnings

  17. Accumulated other comprehensive income (1)

  18. Accumulated other comprehensive income (2)


Differentiated content provided through the recruitment of instructors who have been verified in offline education

We have invited lecturers who are well-received for their in-depth lectures at companies, public institutions, and universities, to present specialized and differentiated content.

Professor Kwon Sang-ho

Current) Auditor of Gangbit Village Co., Ltd.

Current) Adjunct Professor at Shingu University

Current) Adjunct Professor at Induk University

Currently a part-time lecturer at Dongduk Women's University

Former Director of Research Lab, Korea Industrial Development Institute


Recommended for
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Who is this course right for?

  • Managers and working-level staff for bookkeeping, accounting, and finance.

  • Planning, Audit, General Affairs (Management), IT, Sales Department Heads and Practical Staff

  • Practitioners who need an understanding of the relevance between business management activities and accounting tasks

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As an affiliate of the Korea Productivity Center established in 1987, we provide essential job training for employees of corporations and public institutions.

We have developed job-duty-task-based educational content to strengthen practical skills, based on the actual 'work' that occurs in real corporate business environments.

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Homepage : https://www.kpcice.or.kr

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Curriculum

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18 lectures ∙ (14hr 57min)

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