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Accounting Fundamentals in 30 minutes
Rating: 4.2 out of 5(283 ratings)
5,023 students

Accounting Fundamentals in 30 minutes

Accounting concepts from journal entry to financial statements
Created byVikas Handa
Last updated 12/2021
English
English [Auto],

What you'll learn

  • Basics of accounting

Course content

1 section5 lectures46m total length
  • Basics of accounting Part 11:11

    You will learn how business activities are transformed into:

    • Journals

    • Double entry accounting

    • Book keeping of various activities

    • Trial Balance

    • Income Statement

    • Balance Sheet

  • Basics of accounting Part 24:00

    Learn the basics of accounting and why it matters for everyone, even if you’re not an accounting graduate, through a simple example that covers basic concepts and system implementation.

  • Basics of accounting Part 39:17

    Explore the full cycle of starting and running a business, from initial investment and bank accounts to assets, liabilities, income, receivables, and double-entry accounting.

  • Basics of accounting Part 418:57

    Explore the basics of double-entry accounting, including debits and credits, journal entries, and ledgers, illustrated through initial investment, expenses, sales, and reconciliations, culminating in trial balance and financial statements.

  • Basics of accounting Part 512:44

Requirements

  • No

Description

You will learn how business activities are transformed into:

  • Journals

  • Double-entry accounting

  • Bookkeeping of various activities

  • Trial Balance

  • Income Statement

  • Balance Sheet

Equipped with this knowledge, you can implement Financial accounting systems with more confidence.  You will also be able to appreciate the purpose of the configuration when you configure various setups in ERP. Your fear for accounting will disappear and you will start enjoying various terms on Accounting.

Who this course is for:

  • Students learning accounting or Financial modules implementer who want to understand acconting