
Explore basic accounting concepts, terms, and fundamental financial statements while learning how accounting works, perfect for beginners evaluating a career or needing practical bookkeeping insight.
Chris Benjamin introduces himself as a CFO with an MBA and 20+ years in accounting, from bookkeeping to SEC reporting, and explains his startup to public-company experience for accounting 101.
Discover how the course review and feedback system prompts star ratings, timing options, and feedback on why the instructor's content is relevant and clear.
Explore excel basics, including formatting, borders, currency, and building tables. Learn shortcuts, auto sum, and quick chart creation to present sales data clearly.
Connect accounting to the broader business context, and learn the fundamentals of debits and credits, the accounting cycle, and the balance sheet and income statement.
Master debits and credits as core of double-entry accounting, ensuring transactions balance with at least one debit and one credit. Follow gaap rules for recording sales, cash, and accounts receivable.
Explore the accounting cycle from daily transactions to closing the books, including journal entries, posting, trial balances, adjustments, and producing key financial statements.
Analyze the balance sheet as a financial snapshot showing assets equal to liabilities plus equity, with current and long-term assets and liabilities, and use ratios to compare year-end results.
Learn the income statement, also called profit and loss, showing revenues, cost of goods sold, and expenses to net income, with period comparisons and cash flow notes.
Learn revenue recognition under accrual accounting, recognizing revenue when earned and cash when collected, and see how the matching principle aligns revenues with expenses and accounts receivable.
Learn how short term liabilities, including unearned revenue and deferred revenue, reflect cash received upfront as a liability until services are earned, illustrated by a consultant retainer.
Compare cash and accrual accounting, highlight the matching principle and revenue recognition when earned, note cash basis for small businesses and the shift toward accrual for accuracy under GAAP.
Learn to read the profit and loss statement from top to bottom, starting with revenues, costs and expenses, then depreciation and ebitda, ending with net income.
Master basic accounting terminology and concepts, understand debits and credits and revenue timing, and apply practical do's and don'ts to balance sheet and income statement relationships.
Explore real-world case studies to detect errors in accounting by checking balance sheet accuracy, debit and credit patterns, and warning signs in financial statements.
Review monthly financial statements to gauge performance and compare previous periods. Use liquidity, capitalization, and margin ratios to assess health while analyzing revenues and expenses across product lines, payroll, marketing.
Project forward from historical data and run rates to set financial and strategic growth goals, estimating revenue impact and planning efficiencies, automation, and expansion through capital asset purchases.
Navigate accounting basics with a practical 10 point checklist, covering debits and credits, key reports, and the accounting cycle, while applying concepts to your business and asking questions.
Explore basic accounting concepts, including balance sheets, assets, liabilities, and equity, and learn how debits and credits affect financials for different business scenarios.
Explore 2023 entrepreneur trends, including accelerated digital transformation, ai, vr/ar, iot, inflation, supply chain security, sustainability, immersive customer experiences, the talent challenge, and globalization opportunities for startups.
Are You A Business Owner or Entrepreneur?
Are You A Business or Accounting Student?
Do You Want To Learn The Fundamentals Of Accounting With Ease?
Have You Ever Wondered What Is Involved In Accounting?
If You Answered "Yes" To Any Of The Above, Look No Further. This Is The Course For You!
*** Updated with new content! ***
Enroll today and join the 100,000+ successful students I have taught as a Top Rated Udemy instructor!
Three reasons to TAKE THIS COURSE right now:
You get lifetime access to lectures, including all new lectures, assignments, quizzes and downloads
You can ask me questions and see me respond to every single one of them thoroughly!
You will are being taught by a professional with a proven track record of success!
Bonus reason: I am an accountant by trade! My BA & MBA are in accounting, and I currently work as an outsourced Chief Financial Officer.
Bonus Reason: Udemy has a 100% refund policy - no questions asked and no risk for you!
Recent Review:
Draymond P says "Great course, exactly what I needed. Instructor is easy to follow, I was a little scared to take an accounting course but this course made me realize accounting isn't as hard as expected. A great introduction to accounting, looking forward to moving on to additional courses with Chris to really get into learning accounting."
Why You Should Take My Course And Let Me Teach You Basic Fundamentals Of Accounting
Accounting concepts can be difficult to understand until you have a fundamental background in accounting. Learn the basics of accounting with 20+ year accountant Chris Benjamin in this course, and be well on your way to an accounting career and/or understand your business much better.
Start becoming an accounting pro today with this course!
In this course we go step by step, starting with terminology, the accounting cycle, several accounting concepts, and reading financial statements. From there we look at specific areas of accounting that deserve more attention. As well we will go through a few situations and how to best apply accounting knowledge. By the end of this course you will be comfortable talking about accounting and understanding what others are talking about themselves.
What We Do In The Course:
Learn Accounting Terminology
Learn the accounting cycle
Learn about the major financial reports and how to read them
Learn debits and credits
Learn about cash vs. accrual accounting
Review 3 case studies and how accounting applies
And Much More!!!
At any point if you have a question, please feel free to ask through the course forum, I'd be happy to answer any and all questions.
***CLICK "BUY NOW" AND LEARN BASIC ACCOUNTING CONCEPTS WITH ME! ***
About The Instructor
Chris Benjamin, MBA & CFO is a seasoned professional with over 25 years experience in accounting, finance, Microsoft Excel and budgets. Having spent the first 10 years of my career in corporate settings with both large and small companies, I learned a lot about the accounting process, managing accounting departments, financial reporting, external reporting to board of directors and the Securities and Exchange Commission, and working with external auditors.
The following 10+ years I decided to go into CFO Consulting, working with growing companies and bringing CFO level experience to companies. I help implement proper best business practices in accounting and finance, consult on implementation of accounting systems, implementing accounting procedures, while also still fulfilling the CFO roll for many of my clients which includes financial reporting, auditing, working with investors, financial analysis and much more.
Thank you for signing up for this course on Udemy. I look forward to being your instructor for this course and many more!
Chris Benjamin, Instructor, CFO & MBA