
Discover how accounting uses quantitative money data to inform present decisions and shape the future, through the four flavors: bookkeeping, financial accounting, managerial accounting, and income tax accounting.
Explore how the balance sheet rests on the accounting equation, assets equal liabilities plus equity, and how assets like cash and inventory are financed by liabilities or owner's equity.
Learn the balance sheet's limitations, where numbers show original costs rather than current values, and where home-grown intangibles like brands and customer relations may be missing.
Examine how performance evaluation shapes behavior by measuring metrics like meters drilled, wait times, and cost savings, proving you get exactly what you measure.
Trace the history of income taxes from ancient civilizations to the 1913 United States rates, and examine how income, deductions, and collection shaped tax policy.
Explore income tax fundamentals with a simple tax system: first $50 of income is tax-free, income above $50 taxed at 50%, and understand tax brackets, compliance, and planning.
In this course you will learn the fundamentals of accounting. You will learn all about financial accounting, managerial accounting and income taxes. We'll go over balance sheets, income statements, cash flow statements and the things you need to know.
This course delivers lessons and examples to build accounting skills. It guides students to learn how to read financial statements properly. We will go through some real-world examples and case studies.
By the end of this course, you’ll be able to understand and read the three most common financial statements: the income statement, balance sheet, and statement of cash flows. Then you can apply these skills to a real-world business setting.
There is high demand for account professionals and the demand for accounting professionals currently exceeds the supply. If you're interested in increasing your financial awareness while also gaining a marketable skill, this course is exactly for you.
Whether you're a sole proprietor looking to manage your business finances or you simply want to gain an understanding of accounting basics for career advancement or for personal use, this course will give you a solid foundation in accounting. This course will help you understand the basic fundamentals of accounting and much more.