Accounting often referred to as the “language of business.” Whether you are going into management or actually going to be an accountant, you need to be familiar with the basics of accounting. This includes understanding the concepts of debits and credits, assets and liabilities, revenues and expenses, dividends and equity. From an investor’s perspective, the business results are communicated through the financial statements, including the income statement, statement of owner’s equity, balance sheet and statement of cash flow. These are all discussed in this course!
This course is for those students who have not had much (or any) experience in accounting and are looking to enhance their understanding of it, to either help pass a course or to enhance your business career. It is for anyone who may have felt lost in prior accounting courses and wants real life examples and a down to earth explanation, rather than something read word for word out of a textbook. Is this you? Then you are in the right place!
This course is taught by an instructor with over eleven years of training experience, including corporate training, face to face instruction, and online course development. In addition to the lectures and study material common to many other courses, this course also has a downloadable textbook/study note file, along with downloadable Excel templates paired with a lecture walking through the solution once you are done. To test your knowledge of the basic concepts we also have quizzes after each section to make sure you feel comfortable with the topic before moving on to the next one.
At the end of this course, you will have a better understanding of the mechanics of accounting, the concepts, and the goals of accounting in general. You will be able to pass that class!! Let’s get started!
This video discusses the topic of warranties, including warranty expense and liabilities.
This video discusses the current liabilities known as warranty expense and liabilities.
This is a practice exercise that students can download and work before viewing the lecture where we walk through the solution.
In this lecture, we review the practice exercise on the topic of warranty expense and liabilities and discuss the solution.
This video discusses the topic of payroll expenses and liabilities.
This video discusses the topic of payroll taxes and liabilities.
This video discusses the terms that need to be understood in relation to bonds.
This article discusses various topics related to the issuance of bonds and creation of journal entries.
This video discusses bond concepts and the preparation of journal entries.
This video discusses the topic of bond amortization using straight line interest.
This video discusses the topic of bond amortization under the effective interest method.
In this lecture, we review the practice exercise on the topic of bond amortization and journal entries and discuss the solution.
In this lecture, we review the practice exercise on the topic of Bond Pricing and liabilities and discuss the solution.
I have a Master of Professional Accountancy Degree (MPA) from the University of Nebraska-Lincoln. I have been teaching accounting part time, both face to face and online since 2008. I work as the manager of our Audit training area, managing the training plan and course development for 150 auditors nationwide. My work history includes reviewing, preparing, and presenting course material for the Becker Professional CPA Review.