The Art of Learning Accounting and Achieving Greater Success
What you'll learn
- The building blocks of financial accounting:
- Assets, liabilities, equity and the accounting equation
- Debits and credits, double-entry accounting, the adjusting process, and preparing financial statements
- Double-entry accounting and the accounting equation
- Double-entry accounting and debits and credits
- The adjusting process
- Preparing financial statements
Requirements
- None. This course can benefit the beginner and the expert alike.
Description
Learning accounting can be difficult. However, learning and knowing at least some basic accounting is crucial for success in not only the field of accounting, but also in the business world at large. Furthermore, having at least a basic understanding of accounting can increase your marketability and also make you more competitive for jobs in numerous fields. Unfortunately, the way that accounting is generally taught in college classes and seminars can make it even more difficult to learn. You start getting all of this confusing terminology thrown at you and then you’re expected to analyze transactions without knowing what the terminology means. As a college lecturer of accounting, I've witnessed firsthand that this approach is often a recipe for failure. I'm also a CPA and a CFE with over fifteen years of accounting industry experience where I have prepared some of the most complex financial statements in the world, structured some of the most complex accounting transactions, and performed some of the most complex accounting work that there is.
In this course, we will take a different approach as we start from the ground up and learn the basics before we dive into the more complex topics like analyzing transactions and preparing financial statements. Like I do in the collegiate accounting classes that I teach, I will explain the concepts in plain and easy to understand language and we'll approach learning accounting like putting together the pieces of a puzzle (while I give you important tips and clues that can help you identify what you need to know).
In this class, I have included numerous handouts, quizzes, projects and assignments to help you learn accounting so that at the completion of this class, you will be able to identify and examine assets, liabilities, and equities, and you will know what debits and credits are and how they impact the different types of accounts. You will also be able to prepare journal entries, record those entries into the various accounts, prepare a trial balance, prepare adjusting entries, prepare an adjusted trial balance, and then prepare and analyze financial statements. Over the past seven years, I have helped hundreds of students learn financial accounting and go on to achieve greater success, and I can help you do exactly that too.
Who this course is for:
- Beginning accounting students
- Individuals interested in learning accounting looking for a career in bookkeeping
- Individuals wanting to learn accounting to boost their career
- Anyone interested in learning the nuts and bolts of financial accounting
- Advanced accounting students and accountants looking for fresh insight on financial accounting
Instructor
- 4.8 Instructor Rating
- 28 Reviews
- 92 Students
- 1 Course
Brad Horton is an Amazon Kindle best-selling author, a certified public accountant, a certified fraud examiner, a lecturer of accounting and the Executive Chairman and founder of Liberty Financial Solutions, LLC. Brad's passion is serving small businesses and entrepreneurs and helping them better understand their finances so they can spend their time growing their businesses. For this reason, Liberty Financial Solutions, LLC was formed.
With almost 20 years of experience in the financial and accounting realm, Brad is a seasoned leader with extensive experience in financial planning, accounting, managerial accounting, auditing, governmental accounting, forensic accounting, fraud prevention, taxation, and entrepreneurship. From Wall Street to Main Street, Brad has experience in preparing some of the most complex financial statements, structuring some of the most complex financial transactions, and preparing some of the most complex tax returns in the world. Additionally, Brad has over 13 years of federal service where he has served as a subject-matter expert in international taxation and a manager in Enterprise Activities. Some of Brad's greatest accomplishments include starting Phase II of the Mergers and Acquistions Project, serving as a speaker at the Nationwide Tax Forums in 2016, 2017, and 2019, and being a 3 time recipient of the IRS Excellence Award.
Brad's book "Don't Be Afraid Of Accounting: Learn the Basics of Financial Accounting and Be on Your Way to Greater Success," became an Amazon Kindle best-seller in 2020! In this book, Brad puts into words the same methods and ideas that he has used to help hundreds of students gain a foundation and understanding of accounting, which has in turn helped them advance in their careers and educations; the same methods that break down complex topics into easy-to-understand ideas that are on display in this class.
Brad graduated with Honors from The University of Texas in 2003 and holds graduate degrees in accounting and business administration. Not knowing what he wanted to do with his life, Brad initially began his career as a public school teacher and football coach before falling into an accounting position by sheer happenstance without having any prior accounting education or experience. Brad currently resides in Texas with his wife and children and is active in his church and community where he enjoys serving his community and helping small businesses and business owners grow their businesses.