Accounting Terminologies and Core Concepts

Accounting is the language of business. It is considered as the backbone of any business or organization.

• Without appropriate Accounting knowledge and its concepts, one cannot understand the business, its financial affairs and nature of financial transactions.

This course is designed to provide you understanding of Key Accounting Terminologies and related Concepts.

This course is developed for those who want to learn Accounting Terminologies and Concepts, which are used in Businesses, Companies, Institutions, and Organizations.

• In this course, we will discuss concepts of Profit and Loss Account/Income Statement, Balance Sheet (Statement of Financial Position SOFP), Cash Flow Statement, Equity, Accounting Principles, Components of Financial Statements, Key Business Indicators, etc.

• You shall learn key Accounting terminologies related to Incomes, Expenses, Profits, Assets, Liabilities, Equity, Cash etc.

By understanding the core accounting terms, you will be able to relate them to practical business scenarios. can not run your business or company independently.

Bonus lectures are added to;

• discuss the format of financial statements, and

• relationships between Shareholders, Company, and the Board of Directors.

Who This Course Is For?

• If you are a Businessman, Entrepreneur, Doctor, Lawyer, Artist, IT Professional, Housewife, etc. and you do not have an Accounting or Finance knowledge and background, then this course is for you.

• If you are a student of Accounting and Finance, and want to learn accounting terminologies, then this course will help.

• If you are planning to start your business, you must know the Accounting and Finance concepts. This course will provide you the direction.

Certificate of Completion:

You shall get a certificate of completion of this course which shall serve as evidence that you know the Key and Important Accounting Terminologies.

For Whom Is This Course For?

• Businessmen and Entrepreneurs with little or No Accounting Background such as Artists, IT Professionals, Lawyers, Athletes, Doctors, Housewives, etc.

• Accounting and Business students

• Anyone who wants to learn Accounting Terminologies and Concepts.