3-Month Accounting Course

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3-Month Accounting Course

3MAC Training

FINANCE COACH

Finance Coach 3MAC Training Video

Purpose of this Webinar

How solid is your Financial Education? Improve it now with the… 3-Month Accounting Course (for non-accountants)

Welcome to the Webinar

“3MAC Final Exam!”

Introduction

Congratulations!

You’re a Finisher!

Exam topics you have covered The Key Topics: General accounting principles Breakeven points Ratios Assets & depreciation

Bank Reconciliation Cash Flow Budgeting

The Exam Structure How will the exam be structured? • • • • •

The exam is online It is timed – you have 3 hours You need a supervisor Instructions are included There are 8 sections

The Exam Structure The 8 sections in the Exam: 1. 2. 3. 4. 5. 6. 7. 8.

Multiple choice True or False Break Even Point (Week 3) Financial Ratios (Week 4 & 6) Assets & Depreciation (Week 8) Bank Reconciliation (Week 9) Cash Flow (Week 11) Budgeting & Forecasting (Week 10)

Time Allowance

Time Allowance The 8 sections in the Exam: 1. 2. 3. 4. 5. 6. 7. 8.

Multiple choice (15 mins) True or False (15 mins) Break Even Point (30 mins) Financial Ratios (25 mins) Assets & Depreciation (20 mins) Bank Reconciliation (25 mins) Cash Flow (25 mins) Budgeting & Forecasting (25 mins)

Time Allowance The 8 sections in the Exam: 1. 2. 3. 4. 5. 6. 7. 8.

Multiple choice (10 mins) True or False (10 mins) Break Even Point (20 mins) Financial Ratios (20 mins) Assets & Depreciation (15 mins) Bank Reconciliation (20 mins) Cash Flow (20 mins) Budgeting & Forecasting (25 mins)

Financial Reports

Preparing… Some Tips: • Re-Watch the 3MAC Videos

• Work in Study Groups • Practice sample or assignment questions

• Prepare your own questions • If you don’t understand, contact us…

The week before How do I study? •

• •

When should I start? How much should I do at once? I get distracted regularly!

The night & day of the exam Top 10 Exam Preparation Tips 1. Go to bed early

2. Eat a good breakfast 3. Drink lots of water! 4. Visualise doing the exam calmly and well 5. Start the day fresh & invigorated

The night & day of the exam Top 10 Exam Preparation Tips cont. 6. Be confident about the exam

7. Allow yourself sufficient time 8. Read the questions twice 9. Remember to take short breaks to re-focus 10. Take care when answering!

Any questions?

Now for the…

Thank you for your participation!

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END