Learn Basic Accounting in 90 Minutes
What you'll learn
- Grasp the Basic Picture of Accounting
- Understanding the Basic Principle of Accounting
- Know Accounting is ART, not math
- The Beauty of Debit and Credit
- Can do basic Book Keeping
- Can Prepare the Basic Profit and Loss Account
- Can Prepare the Basic Balance Sheet (or Shit IF not Balance)
- Can Read the Complicate Financial Statements
- Can do Bank Account Reconciliation.
- Can control Your Cash
- Using Excel to Do Accounting, No Sweats to facing Accounting Software
- Pen and Brain
- Time - 90 Minutes or Shorter
Accounting is the process of Recording, Posting, and Reporting for monetary transactions in a business entity. Many people may think accounting is hard and need very good mathematics. But the accounting is an ART, It needs logic thinking. In this Basic Accounting course, you will learn the basic accounting principle: Debit and Credit, the mechanism, the core and beauty of accounting.
I will use Excel to teach you the basic Book Keeping, Profit and Loss Account, Basic Balance Sheet. This will help you to read the Complicate Financial Statements, to do Bank Account Reconciliation and control Your Cash.
Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Accounting can be divided into several fields including financial accounting, management accounting, external auditing, tax accounting and cost accounting. Accounting information systems are designed to support accounting functions and related activities. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, analysis and reporting of information for internal use by management. The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system.
Even though accounting has existed in various forms and levels of sophistication throughout many human societies, and the double-entry accounting system in use today was developed in medieval Europe, particularly in Venice, and is usually attributed to the Italian mathematician and Franciscan friar Luca Pacioli Today, accounting is facilitated by accounting organizations such as standard-setters, accounting firms and professional bodies. Financial statements are usually audited by accounting firms, and are prepared in accordance with generally accepted accounting principles (GAAP). GAAP is set by various standard-setting organizations such as the Financial Accounting Standards Board (FASB) in the United States and the Financial Reporting Council in the United Kingdom. As of 2012, "all major economies" have plans to converge towards or adopt the International Financial Reporting Standards (IFRS).
Who this course is for:
- Anyone who want to begin to learn Accounting
- Anyone who is struggling to understand Accounting
- Who is doing Business and want sort out the messy of your Bookkeeping
- Who want to understand the Financial Reporting
“Share with You What We Know Best and the Best We know”
David Yao, the founder of LegooMandarin dot com and Educational Video Courses Online ( Edeo), born in china, resides in Kuala Lumpur, Malaysia, holding Master degree from University Malaya, has 26 years’ experience in mandarin teaching for foreigners and creating a SYSTEM (more than 200 mandarin courses ) designed for foreigners to study Chinese as secondary language. As he passed ACCA many years ago and continue his PhD. in UM on Computer Science and Finance, he is glad to share his experience in IT, Accounting and Finance as well as Tai Chi, which he practices for almost 30 years. He wants to contribute more to our society with all his "Over Qualifications".
Tai Chi Fitness I will show the essence of Tai Chi and Fitness.
Tai Chi Fitness
I was born in the central China Henan Province, 30 KM north to Chen Jia Gou, native place of Chen Style Tai Chi and 30 KM south to Shao Lin Temple, another world famous martial art born place. Martial arts gene maybe in bone!
I learned Chen Style Tai Chi 30 year ago with Master Professor. Cuan Sui Tan, a close friend of Master Wang Xi An, Jack Ma's teacher.
Practice Tai Chi for many years and also almost daily goer in Muay Thai Gym for nearly 10 years, he attends Muay Thai, boxing, BJJ, MMA and Boot Camp with many prominent trainers and MMA fighters.
Combining these essential background, I create unique system to combine the essence of Tai Chi and Fitness.
We provide Contents, Online System and Live Teaching Online
Edeo (Educational Video Online Courses) is the pioneering online courses provider. We systematically design LEGOO Mandarin, including PPT, PDF and Videos materials, covering from Kindergarten, YCT (Youth Chinese Test), HSK (Chinese Proficiency Test), IGCSE Chinese, A1, A2 Chinese, IB Chinese, SAT Chinese, AP Chinese, IB Chinese, etc. This is our past 25 years painstaking efforts based on our firsthand experience to teach foreigners.
In addition to be a Contents Provider, we also provide Online Systems, which can be easily integrated with your school or company online system or use separately. We are using Udemy and other 10 similar platforms for video courses marketing. The Amazon KDP, Google Books and Apple iBooks are platforms we publishing our textbooks in addition to our own platform. We provide consultancy service to save your time and give you the best tips on how to leverage your efforts using all these amazing platforms. Please contact us for quotations (very reasonable price).
Licencing Program to schools & Resellers
We offer Licencing Program to schools! More schools are using our system. You can use quiz, video course, PPT and PDF under our Licencing Program. Customized course development with your own LOGO can be done. Please contact us for details and quotations (very reasonable price).
Licencing Program to Resellers
We offer Licencing Program to Resellers, book stores and other Platforms (Websites, Google stores, Groupons, Facebook stores). We provide contents such PDF books, online Quiz and Video Courses. You can list our contents in your platform. We will share on 50-50 sales basis. We can provide technical assistance to integrate our contents with your system and help response within 24 hours.
Please see my profile to choose the way you prefer to contact us.