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Accounting Crash Course - For busy individuals!
Rating: 5.0 out of 5(2 ratings)
15 students

Accounting Crash Course - For busy individuals!

Quickly learn the basics of Accounting; what goes into preparation of financial statements (PL, Balance sheet and CF)
Last updated 9/2024
English

What you'll learn

  • Straight, to the point, learn Accounting, the language of business
  • Learn all major principles of Accounting and how they are applied
  • Rules of debit and credit, accounting entries
  • How the accounting entries flow into financial statements (Balance sheet, P&L, Cash flow)
  • Understand how financial statements are prepared
  • Analyze and explain results from financial statements
  • Learn how to completely solve undergraduate Finance assignment

Course content

1 section • 19 lectures • 2h 6m total length
  • Introduction to Accounting (and why Debits and Credits?)8:34
  • What is an Asset in Accounting1:22
  • Introduction to International Financial Reporting Standards3:31
  • Definition and types of Assets4:52
  • Types of assets and current assets3:20
  • Non-current and intangible assets2:35
  • What are Liabilities4:07
  • Types of Liabilities1:55
  • What is Equity and the Balance sheet equation3:41
  • Income and expenses in Accounting6:02
  • Accounting principles - Part 18:11
  • Accounting principles - Part 25:13
  • Double entry practice (Debit and Credit)8:18
  • Double entry practice (Debit and Credit) - Part 27:25
  • The flow of Accounting entries6:00
  • Create Balance sheet from Trial Balance3:39
  • Create Income statement (P&L) from Trial balance3:16
  • Create cash flow statement from Trial balance9:59
  • Solve an Accounting Assignment34:55

    A real undergraduate accounting assignment solved with explanations.

Requirements

  • No pre-requisite information required.

Description

Accounting Crash Course!

Get straight to the heart of accounting with our no-nonsense Accounting Crash Course. Starting from scratch, this course strategically guides you through the basics all the way to preparing financial statements, saving you time while delivering invaluable insights into the language of business.

Key Features:

  • Foundational Principles: Learn the core principles behind accounting, including the fundamental rules of debit and credit entries, and understand why they're essential in financial record-keeping.

  • Financial Statement Preparation: Master the art of preparing financial statements, gaining the skills needed to analyze and interpret crucial data for making informed investment decisions.

  • Examples: Follow practical examples that apply accounting principles, demystifying complex concepts and reinforcing your understanding of accounting entries and their implications.

  • Cash vs. Accrual Basis: Among other accounting principles, explore the difference between cash basis and accrual basis accounting, understanding their significance in accurately representing financial performance and liquidity.

  • Time-efficient Learning: Designed for busy individuals, this course delivers comprehensive knowledge without excessive time investment, ensuring you're equipped with essential accounting skills in minimal time.

Who Should Enroll:

Ideal for beginners with zero accounting knowledge, this crash course is perfect for anyone seeking a rapid yet thorough understanding of accounting essentials. Whether you're preparing for job interviews or considering further accounting studies, this course provides the foundational knowledge needed to excel in your endeavors.


Don't let a lack of time hold you back from mastering accounting. Enroll in our Accounting Essentials Crash Course today and accelerate your journey to financial literacy and career success. With clear explanations, practical examples, and focused learning, you'll emerge prepared and confident to tackle any accounting challenge that comes your way.


Who this course is for:

  • Beginner course for anyone looking to learn accounting and how financial statements are prepared. It is great if you have little or no knowledge of accounting, and are looking to be ready for an interview or job placement which involves basic knowledge of accounting. This is a crash course, but takes the learner step by step from zero knowledge to a pretty solid understanding of the accounting language, the process and how daily accounting entries turn into summarized financial statements.