Accounting, Financial and Cash Flow Analysis

Name: Accounting, Financial and Cash Flow Analysis
Rating: 4.5 (65 reviews)

A Comprehensive step by step Course; from basic to advance

Created byCiro Scianna

Last updated 1/2022

English

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What you'll learn

Students will learn the entire aspects of accounting from basic to advance, and the full practical techniques of preparing Financial Statements.
Learn the basic of Bookkeeping and its importance
Understand Accounting and its characteristics
Overview the relationship between Accounting and generating profit
Master the fundamental principle in accounting: Debit (Dr) and Credit (Cr)
Gain knowledge of T-Accounts and Journal Entries
Understand the Accounting Cycle
Acquire full knowledge of the main Financial Statements and all their elements and principles
Overview the Accounting matching concept
Learn the crucial Balance Sheet equation in simple steps and with the use of practical examples
Master the logic behind Debit and Credit and acquire full confidence on when to Debit or credit a transaction
Learn all the necessary techniques to build up an entire set of Financial Statements from scratch.
Understanding the crucial difference between Profit and Cash Flow.
Go through strategies to overcome Cash flow problems.

Course content

12 sections • 47 lectures • 3h 30m total length

Understanding Bookkeeping: a complete overview2:22
On completion of this lecture students will be able to understanding the basic principles of Bookkeeping
Typical activities involved in Bookkeeping1:37
On completion of this lecture students will be able to understanding about the typical activities involved in Bookkeeping
Limitations and advantages of Bookkeeping1:35
Explore the limitations and advantages of bookkeeping, its foundation for accounts and balance sheets and income statements, and the need for accuracy for investors, banks, and government.
Bookkeeping
Understanding Accounting: a complete overview0:55
Accounting
Why do we need Accounting? What are it's objectives?1:39
Reasons why we need Accounting
The key quality Characteristics of Accounting and types of Accounting1:47
Types of Accounting
Hidden relationship between accounting and cash1:49
Explore the hidden relationship between accounting and cash flow, and see how tracking revenue, expenses, assets, liabilities, and payroll guides profitable decisions and protects against fraud.

The Statement of Financial Position (Or Balance Sheet) explained6:06
The main elements of the Balance Sheet: Assets and Liabilities5:50
Explore the balance sheet's elements: assets ordered by liquidity—from cash and cash equivalents to accounts receivable, inventory, and fixed assets, with current and long-term liabilities like accruals and deferred revenue.
Shareholders' Equity4:29
Explore shareholders equity as the net assets of a business, formed by share capital and return earnings, and see how assets balance liabilities and equity on the balance sheet.
So, why the Balance sheet must balance? This is explained with basic and clear p8:28
Assets must equal liabilities plus equity, funded by loans and investor equity, demonstrated through car and building examples and retained earnings.
Statement of Financial Position
Balance Sheet Equation
Elements of the Statement of Financial Position (Or Balance Sheet)
Reason why a Balance Sheet must balance

Dr or Cr transactions: A visual overview of the accounts categories3:15
Learn the debit and credit logic across assets, liabilities, and equity, and see how revenue, expenses, and dividends from the income statement affect retained earnings.
A visual overview on how to apply Dr and CR easily4:35
The logic behind DR and CR explained with practical examples9:30
The impact of DR and CR entries on Retained Earnings2:27
Understand how debit and credit entries affect retained earnings and shareholder equity, with revenue credited and expenses debited, reducing distributable profits.
DR and CR applied with practical examples4:16
Dr or Cr a transaction
Reasons why DR must equal CR
Contra accounts in Dr and CR2:41
Contra accounts offset other balances within a category, reversing debit and credit effects to show net accounts receivable after customer returns, illustrated by a $350 sale and $100 return.
Contra accounts

Practical Examples - Part 114:27
Practical Examples - Part 29:14
Practical Examples - Part 36:31
Step 2: Journals Entries11:15
Step 3: Create a General Ledger4:19
Step 4 Building up a Trial Balance (TB)4:43
Build a trial balance from the general ledger using controlled accounts with debit and credit, ensuring debits equal credits, then classify accounts into balance sheet and profit and loss.
Step 5 Preparation of Financial Statements13:09

What's the difference between Profit and Cash? A crucial revelation for owners.3:18
Distinguish profit from cash flow and learn why cash flow matters more. Master cash flow management and the cash flow statement to prevent distress and improve small business survival.
Profits vs Cash: how can a business be profitable and end up with no Cash?4:00
Accrual Basis Accounting: Practical Examples5:00
Illustrates accrual basis accounting with practical examples, showing revenue recognized on invoice before cash receipt and the risk of negative cash flow and customer defaults.
Profits Vs Cash: Other impacts with practical examples4:26
Reasons for business failure
Difference between Profit and Cash Flow
Difference between Cash Basis Accounting and Accrual Basis Accounting

Requirements

No specific requirements are required as the course delivers basic bookkeeping training before moving to more advance aspect of accounting and financial analysis.
You will just need positive attitude and willingness to learn an amazing topic from a qualified instructor.

Description

Why Bookkeeping and Accounting?

As Investor Warren Buffett (One of the richest man on the planet) famously said, accounting is the language of business and you have to be as comfortable with that as you are with your own native language to really evaluate businesses.
After all, business is about making money, and without accounting you would never be able to measure the performance of a business.
If you cannot measure performances, how would you know whether or not you are on the right track?
Accounting is the path to profitability
Accounting allows you to analyse a company, evaluate its performance, secure a loan if needed, plan business strategies and attract investors.

Main reason why you should enrol in this course

This course in structure in a friendly and very easy to understand way - it will provide you with the practical techniques required to understand the full accounting cycle and gain the confidence needed to pass your exams with top marks, secure a top job, obtain a promotion or be a successful entrepreneur.
The knowledge you will gain from this course will open the path/doors to a successful career, gain the highest marks if you are a student, or to a profitable business if you are an entrepreneur.
Anything you will learn from this course will remain with you for ever; there are many things we lose in life but no one can take away your knowledge from you, and knowledge is power and the key to success.
You will learn from an instructor of this course (Me!) who has gained over 15 years first-hand experience in small and medium organisation as well as multinational corporations and who has a passion to share that valuable experience and knowledge.
The course is presented in high quality videos with interesting animations to keep audience engaged and for an easy learning experience.
The animations are matched to the contents which help the students visualizing the meaning of the lectures.
If you are a student and want to pass your exams with the highest marks then this course is definitely for you - after all, I guided colleagues during my university studies to achieving his highest marks ever.
If you are an entrepreneur, you must enrol in this course - you will learn all the key elements of accounting and when attending a meeting you will be able to actively participate and engage in the business strategies.
And finally just a reminder that the course comes with Udemy’s 30-day unconditional money-back-in-full guarantee - I am so confident you will love this course that giving you a guarantee is my last worry!

Enrol today and you will remember this wise decision for ever in your life!

Why choosing this course and why it stands out of the crowd?

The Accounting, Financial and Cash Flow Analysis is an amazing comprehensive step-by-step Course; it will guide you from the most basic concept in accounting all the way up to the most advanced concepts and techniques in accounting.
The instructor of this course (Me!) is a professional Chartered Certified Accountant who has gained over 15 year experience in small and medium organisations as well as multinational corporations. I have also worked as an auditor for over three years in one of the top 5 Accounting firms in the World.
I started my career in Accounting at the Crown Estate; the Crown Estate is the organization managing Her Majesty's The Queen and Royals properties in the United Kingdom.
The course includes several practical course studies which shows theories put into practice.
Great support from my side - if anything is not clear you can contact me and I will answer as soon as I can.
You will learn from an instructor who loves sharing his experience and passion for accounting with any human in this planet.

Let's start this amazing journey together!!! Enrol today!!!

Who this course is for:

Accounting and finance students, and professional working in accounting and finance at any level.
Anyone undertaking a role in accounting and finance at any level who wants to strengthen his/her knowledge in the filed with a friendly, practical and easy to understand course.
Anyone who wants to become a Bookkeeper or a professional Accountant
Anyone who is aspiring to be promoted to the next level, even if you are not operating in the accounting field.
Anyone wishing to reach the top position in any organisation; it's a fact that 23% of CEO are Accountants and 55% of them have a finance background.
The course is also an excellent training for anyone who is about to set up a new company or anyone who is already operating a company.
The course is also a lifesaver to any businessman experiencing cash flow problems or needs to understand the crucial difference between profit and cash flow.
Any investor wishing to understand the language of business, being accounting.
Anyone who dream to run a very successful and profitable business.
In conclusion, you should enrol in this course if you want to be a successful student or if you are seriously considering becoming a bookkeeper, an Accountant, Financial Analyst, a successful entrepreneur, an investor, a CFO and why not? A CEO.

Accounting, Financial and Cash Flow Analysis

What you'll learn

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Course content

Introduction to Bookkeeping and Accounting7 lectures • 12min

The fundamental principle in accounting explained2 lectures • 4min

Understanding the Accounting Cycle2 lectures • 12min

Overview of Financial Statements2 lectures • 4min

Income Statement (Profit & Loss)5 lectures • 15min

Statement of Financial Position (Balance Sheet)4 lectures • 25min

How do we know whether to Dr or Cr a transaction? Understanding Dr and CR6 lectures • 27min

Practical Exercises: Apply the 5 Steps of the Accounting Cycles7 lectures • 1hr 4min

Understanding the crucial difference between Profit and Cash Flow4 lectures • 17min

Strategies to overcome Cash Flow problems2 lectures • 5min

Requirements

Description

Who this course is for: