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Financial Accounting: Create accounting statement of company
Rating: 4.5 out of 5(499 ratings)
3,259 students

Financial Accounting: Create accounting statement of company

Practical illustrations based learning to create Income Statement and Balance Sheet of any company
Created byAshish Agarwal
Last updated 3/2026
English

What you'll learn

  • Prepare the accounting statements of any company
  • Income Statement of any company
  • Balance Sheet of any company
  • Linkage between Income Statement and Balance Sheet of any company

Course content

1 section20 lectures32m total length
  • Introduction - what are we going to learn today?1:43
  • What is accounting?4:18

    Learn the basics of accounting as the recording of daily financial transactions, capturing give and take, and preparing authorized financial statements for regulatory and tax purposes.

  • What are the basic accounting statements - income statement?3:30
  • What are the basic accounting statements - balance sheet?3:14
  • How to record transactions in accounting statements?0:49
  • Illustration of transaction 10:40
  • Illustration of transaction 21:03

    Illustrates financing through a bank loan: increase cash to 10,000 and record 8,000 long-term debt on the liabilities, reflecting 8,000 borrowed with 2,000 shareholder equity.

  • Illustration of transaction 31:35
  • Illustration of transaction 42:21
  • Illustration of transaction 51:55
  • Illustration of transaction 61:59
  • Illustration of transaction 72:07
  • Illustration of transaction 81:52
  • Illustration of transaction 91:34
  • Illustration of transaction 101:54
  • Practice Assignment : DIFFICULTY LEVEL - MEDIUM0:36
  • SOLUTION TO PRACTICE ASSIGNMENT0:04
  • Please review our course - we need your feedback0:19
  • Queries - contact us0:12
  • Please provide us your valuable feedback0:43

Requirements

  • None. We will teach everything from scratch.

Description

Welcome to our simple yet powerful Financial Accounting: Create accounting statement of a company course. 

We are glad to meet you. If only we could shake hands! 


Are you wondering how is this course going to be useful to you? 

Hey, did you watch the promo video? If not, please do. 

If you are looking to understand Financial Accounting, then this course will prepare you for the job.

This is useful for non-finance professionals who want to understand their accounting statements.

No prior knowledge is required.

We take you through each illustration one by one.


What makes our course different from others?

Our course content is unique - you learn exactly what you are required to do in your daily work.

You get 1 hours of crisp synthesized practical real life illustrations of all concepts.

You will be carrying out the real life illustrations along with the instructor.

Same set up as the instructor. All illustration spreadsheets are shared.

It's almost like as if somebody is guiding you in person to carry out the various analysis.

You are going to love our instructor's teaching style. 

He makes it very engaging and fun learning experience.

You will have practice assignments / course challenges with varying difficulty levels to test your learning from the course.

Our support team responds to any course queries within 24 hours of your request. 

And of course, the price is competitive. 


What will you learn in this course?

Prepare the accounting statement of any company.

Create income statement and balance sheet of a company from some practical illustrations.

You can watch the FREE course previews in the CURRICULUM section.

Read through the entire CURRICULUM section if you can.

All modules with details of lectures are provided.


What  next?

Well, we sincerely hope to see you inside the course.

We wish you well and good luck.

Still confused? Don't hesitate to reach out.

Who this course is for:

  • Current Financial Analysts
  • Aspiring Financial Analysts
  • Start-up founders
  • Consultants
  • Accountants
  • Non finance professionals