Demo: E-learning course : Conversational
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
Indian (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Hello, madam. I hope you're well. I am here for a discussion on finance and accounting. Shall we begin? Hello, sir. It is a pleasure to engage with you. Finance and accounting is a new subject for me. I hope I can assimilate the concepts. Well, Cake baking. I learnt it recently. Birth house is relevant year. No, it is quite easy once you have understood the nuances. I agree, sir. I see why you compared this to baking a cake. I feel finance and accounting seems complex because it in all so many steps and concepts That sounds very logical. I am feeling a lot more confident now, sir. Who? All in an NGO should be familiar with all this information. Now I am eager to know more. I guess the first step will be to understand the difference between finance and accounting. Am I right? Thank you, sir. I like the point about finance being forward looking and accounting being an assessment of what has happened. It brings in a lot of clarity. Let me sum up our discussion. Knowledge of finance and accounting is important for development professionals at all levels of the NGO who are involved in accounting, financial management and fundraising for their organisation, the staff in world and implementing programmes to enable them to record and report their tasks. Skills needed for finance and accounting, basic literacy, arithmetic proficiency and common sense finance deals with planning and has activities such as budgeting, resource mobilisation, resource utilisation, building control mechanisms and analysis of financial efficiency. Accounting is focused on systematic and accurate recording and reporting of the financial transactions of the organisation, adherence to the rules of accounting and providing data for financial analysis.