Accounting for Entrepreneurs is a unique course, designed to teach Accounting to Non-Accounting professionals. This course covers all the basic concepts of Accounting that a business person needs to know to handle his business financials. For example,
This built of the course is fairly easy, the format is beautifully designed interesting interactive video, the course flows from basis to Accounting to the preparation of financial statements first and then the more complex and frequently used areas of Accounting have been dealt with. This course also covers various practical concepts which are quite useful when you are maintaining your books in an accounting software. In short, in the next 30 minutes you will be able to understand all the basis aspects of Accounting that you need to know to well handle your business financials.
This course is also ideal for entrepreneurs, non financial managers and new students to accountancy, as they will be able to learn accounting in more natural and practical style rather than typical class room lectures. You don't need any previous knowledge or experience to learn this course.
How I am uniquely qualified to teach this course:
I am Certified Chartered Accountant with 7 years of professional work and teaching experience and have taught more than 4000 students! I have implemented accounting software and ERP at various organizations and have expertise in financial transformation. I have been leading accountancy practice for small and medium sized entities for the last 4 months and have frequent interaction with entrepreneurs. So I know what exactly do entrepreneurs need to know to well manage their books.
In this lecture we will introduce you to the main terms used in Accounting. This is very important to know before we proceed to any other lecture.
Let us discuss the way records are maintained in Accounting System.
Let us learn how transactions are compiled in categories and also you can drill down data in details for reporting purposes.
Let us learn the complete system of maintaining accounts in Accounting System.
This is the basic rule of recording any transaction in Accounting.
The complete rules of when an account is to be debited and when it has to be credited.
Let us practice the recording of transaction in Accounting.
Once the transactions have been recorded, the next step is to compile them for reporting. Let us learn how this is done.
The two are the most important reports for business owners and managers. Learn how it is to produce them.
These two are the methods of accounting. Let us learn if you can use either of them.
The may be a time difference in making an expense and paying for it. In this lecture we will learn how should account for such transactions.
A very important concept for distinguishing expenses which result in long term benefit from the ones with short term benefit.
Complete accounting treatment of Fixed Assets.
What intangible assets are how they should be accounted for in the books.
Understand what is GST and how GST system operates.
These are the advanced areas of GST that a business owner must know.
The terms which are important to know to deal with GST.
Let us learn the Accounting treatment of GST - the way the GST is recorded dealt in books of Accounting.
A simple example to illustrate Accounting for GST.
Irfan Sharif, ACCA
Experienced finance professional with practical experience of teaching accountancy and finance.
I am Certified Chartered Accountant (ACCA-UK), with a rich experience of providing finance and accountancy services to large organizations of banking, FMCG and professional services sectors. I have worked as a Consultant at "PwC" and as Finance Manager at a FTSE 100 MNC. Now I am leading Accountancy Service of "Excelsious" where we provide Accountancy and Finance services to small and medium sized entities.
Throughout my career I have been associated with professional education as visiting member of faculty at prestigious professional colleges and universities for ACCA, CA and MBA. Over this time, I have helped more than 4000 students successfully achieve their aspirations and professional education goals. I am really excited about the enhanced learning experience of teaching online and sharing my knowledge and expertise with wider audience.