60 Minutes to Fundamental Accounting Skills
What you'll learn
- Describe and recognize the accounting underlying financial statements.
- Analyze business transactions to determine which are reportable, and of those, which are on account of income and which are on account of capital.
- Prepare journal entries for common business transactions.
- Post entries to create a general ledger and a trial balance using a spreadsheet.
- Prepare the income statement, the statement of changes in equity, and the balance sheet.
Requirements
- No advanced preparation or prerequisites are required for this course.
Description
This course is for aspiring accountants or non-CPA finance professionals who want to improve their understanding of how accounting works. This course packs the best of what you need to know to understand core accounting concepts and perform common accounting transactions in one hour.
Along the way, I show you tips and techniques to make sure you stay on track and your books balance. I teach you how to prepare financial statements using a simple conceptual model that can apply to any organization small or large.
Who this course is for:
- Anyone interested in accounting for business.
- Anyone in finance, accounting, or related fields.
Instructors
- 4.1 Instructor Rating
- 23,270 Reviews
- 72,800 Students
- 323 Courses
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.
Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.
Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.
- 4.2 Instructor Rating
- 3,120 Reviews
- 11,322 Students
- 19 Courses
A financial executive and corporate director with a broad base of experience working as a financial leader, catalyst, operator and steward in a number of public and private companies operating in a broad array of industries, with a deep background as a financial, consulting, and accounting educator providing professional development services to Big 4 Public Accounting Firms, universities, and professional institutes.
Specialties:Leadership, finance, accounting, mergers and acquisitions, auditing, instructional design, facilitation and instruction, authoring, decision analysis