Alla Volodina

  Some organizations might find it helpful to incorporate a variety of training sessions into their training programs that focus on accounting. The following course outline is suggested for a training session titled   Beyond the Basics – Accounting and Finance by an accounting instructor at York University, AllaVolodina Understanding corporate governance and management-related risks and how to spot red flags while interviewing prospective clients Understanding and assessing financial and operating risks pertaining to a project (including assessing the potential collaborators and their project history, planned vs actual completion and budgets) Understanding differences between Capital and Operating components Calculation and critical assessment of administration fees and their components Determining financial viability: ratio analysis (including but not limited to Return-on-Assets, Return-on-Equity, Working Capital Ratio, Current Ratio, Debt-to-equity ratio) and potential red f...

  Many organizations might find it useful to incorporate a variety of training sessions into their training programs that focus on accounting. The following course outline is suggested by an accounting instructor at York University (AllaVolodina) for a training session -  Basics of accounting: o Fundamental principles and rules, including asset, liability, and revenue and expense recognition -  Complex topics in accounting:  o Including but not limited to accounting for capital assets, cost vs revaluation models, investment properties, and construction projects revenue recognition - Understanding an organization’s financial position: o Analysis of Balance Sheet line items (inventory, capital assets, prepaid expenses, construction-in-progress, intangible assets, goodwill, bank loans, notes payable, billings in excess of costs on uncompleted contracts, deferred tax liability, retained earnings, capital stock) - Understanding an organization’s operating results:  o...

  Alla Volodina also advises students to refrain from multitasking since it can have a negative impact on their ability to learn. They can help the brain absorb and process information more effectively by focusing on only one subject or topic at a time. She also urges students to let go of all inhibitions and not be shy or embarrassed from asking for help to understand a topic better. Hesitating and struggling will only slow down the learning process and thus it is always better to take help when in doubt. Alla Volodina also suggests students to understand the fact that all methods do not work equally for everyone and hence it makes sense to know what methods works for them so that they can learn better by following that method, whether it is by studying in a certain manner or by eating or drinking certain things or any other way; knowing oneself will always help a student in the long run. In another of her posts,  Alla Volodina  discusses method which teachers of account...