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Introduction to Finance & Accounting

Finance and Accounting are the backbone of business, involving the management of financial records, analysis of data, and budgeting. Learn to interpret financial statements, analyze trends, and make informed decisions to drive business success in today’s competitive landscape.

This Job Simulation is Free

About the Simulation

Are you interested in finance and accounting or curious to know what it may actually involve? Did you know every company and business needs a finance and accounting function? Have you wondered how your love of numbers can translate into the right career for you? It’s now time for you to experience what a finance and accounting career entails and whether it is the right career fit for you! When it comes to finance and accounting, there are several sub functions, such as accounting, audit and assurance, taxation, investment banking, valuation, Mergers and acquisitions etc. with each of these sub functions having their own niche. In this experiential work program, you will experience the aspects of accounting, auditing and tax. Take a sneak peek into the career by working on micro-career tasks. This program introduces you to career insights by replicating the type of work you would be doing at a corporate job. The 3 tasks are designed to build your capacity to critically analyse information from the perspective of a finance and accounting professional.

Job Simulation Overview

Mode: Self paced

Task Time: 6 hours

Task Level: Beginner

How It Works

Complete a Task

Engage in industry level tasks at your own pace and real-world model solutions provided by our team at Unocue. Enjoy the flexibility of no live sessions.

Earn a Certificate

Receive a certificate upon completion, enhancing your resume and LinkedIn profile with valuable co-curricular experience.

Interview

Stand out in job applications by gaining the skills to confidently tackle interview questions and demonstrate your fit for the team.

Skills you will learn and practice:

Critical thinking

Research skills

Analytical Problem solving

Decision making

Enroll Now

Earn a certificate and add it to your resume and LinkedIn as an extra curricular activity.

Introductory video from Unocue

Welcome to the world of Finance and Accounting, where professionals drive business success through insightful analysis and strategic planning. Discover how they manage financial health, interpret key metrics, and ensure transparent reporting to build

What will You Learn?

Segment Accounting

Analyze and allocate income and expenses for each division within Amadeus, a leading e-commerce company, to assess individual performance. Using segment accounting, identify profit and loss for each division—E-Commerce, Voice Assistant, E-Book Reader, Music, and Drone Service. Calculate each segment's profit margins to provide insights for strategic decision-making.

Practical skills you will gain from working on this task:

Financial Analysis and Reporting

Data Allocation and Apportionment

Excel Formulas and Data Linkages
Auditing Financial Statements

Conduct an audit of financial statements by reviewing invoices and expenses. Identify any discrepancies or non-business expenses that may compromise the company’s financial reporting integrity.

Practical skills you will gain from working on this task:

Audit and Compliance Review

Analytical Problem-Solving

Financial Reporting and Integrity
Tax Liability

As a tax consultant, assess income and expenses using the bank statement to determine tax liability for the financial year. Use the given tax guidelines to separate taxable income from exempted earnings and deductible from non-deductible expenses, ensuring compliance with simplified tax laws.

Practical skills you will gain from working on this task:

Tax Calculation and Compliance

Data Interpretation and Financial Analysis

Excel Formulas and Financial Modelling