Basic Accounting and Bookkeeping for Beginners and Startups
4.5 (1 rating)
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Basic Accounting and Bookkeeping for Beginners and Startups

Simple Accounting for Better life
New
4.5 (1 rating)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2 students enrolled
Last updated 8/2017
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1.5 hours on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Define accounting simply and understand the elements of accounting with certainty.
  • Record transactions in Accounting Equation and ledger accounts and to Balance ledger accounts.
  • Prepare Trail balance and develop an income statement and statement of financial position.
  • Develop alternative and simple formats of an income statement and statement of financial positions to analyze periodical income and financial position based on customized needs.
  • To make better financial decisions to improve income and financial position.
View Curriculum
Requirements
  • Ability to understand simple English language.
  • Desire to learn basics of Accounting (No prior knowledge on accounting required).
  • Need to make better and informed financial decision in life and/or Business.
Description

This course is designed to give an insight in to Basic Accounting Concepts from scratch so by the end of it user will be able make his/her own set of accounts to determine his/her periodical income and financial position and to make better financial decisions in life and /or Business.

Course will start with the development of simple definition of Accounting followed by the simple explanation of process of Accounting. Most valuable feature of this course is that it will help user to understand elements of accounting through simple explanations and examples which will help user to identify elements of accounting with utmost certainty.

Course is centered around ten simple financial transactions and instructor will teach how to record them in Accounting Equation and Ledger accounts step by step using double entry book keeping method and developed accounting basic magic table then based on those balances instructor will guide to prepare Trial balance and Income statement and Statement of financial position.

After preparing accounting statements instructor will guide user on how to improve financial position based on profit maximization and loss minimization process which make the course a real-life experience and a practical course.

So if you are an individual seeking to improve you financial position or if you are in the process of starting a business or if you already have a small business seeking to grow your business to new levels instructor invite you to enroll and learn how to make better financial in life and business through basic accounting statements.

Who is the target audience?
  • No specific target student anyone can enroll and learn how to make better financial decisions in life or business using basics of accounting.
Compare to Other Accounting Courses
Curriculum For This Course
24 Lectures
01:38:50
+
Introduction
24 Lectures 01:38:50




Accounting Equation
01:33

Accounting Equation exercise
11:08

Accounting equation simple interpretation
02:17

Ledger Accounts
02:28

Double entry theory
05:01

Ledger Accounts exercise
08:52

How to balance Ledger Accounts
07:04

Trial Balance
03:19

Statement of comprehensive income
04:44

Income Statement
05:04

Income Statement exercise
03:10

Alternative simple income statement
03:17

Statement of Financial Position
03:13

Classification of Assets and Liabilities
02:29

Statement of Financial Position exercise
05:23

Simple interpretation of Statement of Financial Position
03:29

Income Scenarios
03:19

Profit Maximization and Loss Minimization
04:58

Impact and Importance of Profit and Loss
02:36

Self Assessment
01:38
About the Instructor
Niran Marshall Perera
4.5 Average rating
1 Review
2 Students
1 Course
Attorney at Law, LL. B graduate (University of London) & Business Commerce graduate ( University of Sri Jayewardenapura)

Niran Marshal Perera

Colombo, Sri Lanka


Niran Marshal Perera is an attorney-at-law of the Supreme Court of Sri Lanka with significant interests in corporate law related concentrations.

Having strong grounds on both law and business, Niran is multi-disciplined across a wide range of concentrations such as banking, accounting, economics, financial management, corporate law, civil litigation, arbitration and intellectual property. With more than seven years of results-driven experience in tutoring subjects related to law, accounting and business, I bring passion and proven experience in guiding and training candidates successfully through a wide range of professional and academic examinations.

My vision is to successfully foster knowledge within the community and help people effectively face and get through life challenges. The diversified knowledge and passion I have developed throughout years will support prospective audience with laying fundamentals successfully, which will in return be the building blocks to achieve their future goals and ambitions in the bigger picture.

In simple language, I want to help people to improve their life conditions with my skills and knowledge.

Academic and Professional Qualifications

Attorney-at Law, Supreme Court of Sri Lanka

Bachelor of Laws (LLB), Second Class Honors - University of London, United Kingdom

Bachelor of Commerce (B. Com) Second Class Honors - University of Sri Jayewardenepura, Sri Lanka