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Financial Management in your Laboratory

Gain insights into the value of good financial management in your laboratory.

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About Financial Management in your Laboratory

In this course, you'll learn about various financial activities and how they influence your financial position. Learn about the different financial roles, the accounting equation and managing the accounting transactions in your laboratory. [Included in the Lab Management Online course]

Develped by:
Power of Process
Duration:
2 hours
Learning Mode:
eLearning
Certificate:
Certificate of completion

Topics

  • Value of the financial function
  • Basic accounting transactions
  • The accounting equation
  • The double-entry accounting system

Credits

SMLTSA
2 CEU
PACE
2 Contact Hours
RCPath
2 CPD

Pricing

Chapter 1:

Introduction to Financial Management

60 minutes
Graded

This module introduces the framework that make ups the financial function. Components of this framework such as the the value of financial management, drivers that shape the implementation of financial activities and roles within the financial function will be discussed in this module.

Basic Accounting Terms

60 minutes
Graded

This module unpacks the accounting elements and describes the recording of transactions in the accounting system.