Software training: LearnLinq
Accounting affords the informed reader the opportunity to actually determine the state of the company and make decisions. An analyst or a reader of financial statements can thus be likened to a doctor who examines a patient and is able to conclude on that patient’s health
The American Accounting Association defines accounting as "The process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information."
The purpose of accounting is to provide a means of recording, reporting, summarizing, and interpreting economic data.
Accounting is the language of business and, by extension, the language of all things financial.
History of Accounting
Bookkeepers most likely emerged while society was still in the barter and trade system (pre-2000 B.C.) rather than a cash and commerce economy. Ledgers from these times read like narratives with dates and descriptions of trades made or terms for services rendered.
The name that looms largest in early accounting history is Luca Pacioli, who in 1494 first described the system of double-entry bookkeeping used by Venetian merchants in his Summa de Arithmetica, Geometria, ProportionietProportionalita. It was Pacioli who was the first to describe the system of debits and credits in journals and ledgers that is still the basis of today's accounting systems.
Bookkeeping migrated to America with the European colonization. Although it was sometimes referred to as accounting, bookkeepers were still doing basic data entry and calculations for business owners. The businesses in question were small enough that the owners were personally involved and aware of the health of their companies.
The appearance of corporations in the U.S. and the creation of the railroad were the catalysts that transformed bookkeeping into the practice of accounting.
The railroad also shrank the country. Business transactions could be settled in a matter of days rather than months, and information could be passed from city to city at a much greater speed. Even time did not run evenly across the country before the railroad.
This shrinking of the country and introduction of uniformity put more focus on accounting.
The First Financials
Corporations, eager to attract more capital (either from individuals or as loans from banks) to expand their operations, began to publish their financials in the form of a balance sheet, income statement and cash flow statement.
Objectives of Accounting
- Permanent Record.
- Measurement of Outcome
- Efficient Use of Resources
Limitations of Accounting
The major limitations of accounting are as follows:
- Subjective Measurement.
- Qualitative Factors.
- Unstable Unit of Account.
- No Information about Opportunity Cost
Despite its limitations, the importance of accounting is unquestionable. It charts the history and the growth of an entity and is the basis for it to ascertain performance and the basis for measuring growth and prosperity.
LearnLinq Learning Management System
LearnLinq is the first learning management system (LMS) in the Netherlands that enables you to go live within less than one month.
Created based on Google’s design principles, LearnLinq is a new type of LMS. It allows you to easily manage even the most complex processes yourself.
LearnLinq is innovative and interactive. It clearly instructs employees on what they need to do and when. It sends out automated notifications and provides easy-to-use dashboards to each role in the organisation.
What does LMS stand for?
- Learning material system
- Learning management system
- Learning management software
E-learning & LearnLinq LMS
Importing an EasyGenerator course to LearnLinq
In Easygenerator, go to 'Publish'
Once you've finished creating your course in EasyGenerator, you can import it to your LMS.
Logging into LearnLinq
The LearnLinq Library is where you design and save all your courses before releasing them to your employees.
LearnLinq teaching methods
- Blended learning paths
- Practical training sessions
- Weblinks to videos and documents
- SCORM (e-learning courses)
- Sign-off with a supervisor
- LTI (SCORM Cloud)
Starting e-learning with LearnLinq
Drag and drop the terms to their correct location in the picture
- My account
Course Planning & Administration
The Planning section in LearnLinq is where administrators and trainers can easily schedule training times, events and other activities.
Using the Attendance List in LearnLinq, tutors, trainers and administrators can keep a record of whether a trainee attends a mandatory training or event.
A transparent, user-friendly LMS for a capable, certified staff with documented skills
Employees often require qualifications and certifications, depending on their jobs and work locations. These are documented in (multi-year) training and enrichment paths that may be defined by (inter)national legal and regulatory frameworks.
The entire training and enrichment cycle within the organisation needs to be documented using standard processes and procedures.
LearnLinq is a first-rate tool that helps you analyse, organise, schedule, execute and evaluate the entire cyclical process.
The LearnLinq LMS Smart Dashboard
Managers have busy schedules. They hardly have time to review every employee certificate or education requirement set for their organisation. Reports are also time-consuming and outdated. The LearnLinq Smart Dashboard gives you an efficient, real-time overview of the progress, results and skills within your team.
What does the LearnLinq Attendance List do?
- It allows administrators and trainers to easily schedule training times, events and other activities.
- It enables tutors, trainers and administrators to keep a record of whether a trainee attends a mandatory training or event.
Which answer best describes the purpose of the LearnLinq Smart Dashboard?
- It gives you a real-time overview of the progress, results and skills within your team.
- It is the first step to creating a learning path.