Introduction to Accounting: The Language of Business
4.7 (375 ratings)
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Introduction to Accounting: The Language of Business

Learn Accounting and the Language of Business from the #1 accounting university in the world.
4.7 (375 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
12,000 students enrolled
Last updated 1/2016
English
Current price: $10 Original price: $20 Discount: 50% off
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30-Day Money-Back Guarantee
Includes:
  • 9 hours on-demand video
  • 5 Articles
  • 46 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • You will learn the language of business through accounting fundamentals
View Curriculum
Requirements
  • Elementary math skills (i.e., basic addition subtraction, multiplication, & division)
Description

This course is the identical material used in Accounting 200 (introductory accounting) at Brigham Young University, which is often cited as the #1 accounting program in the United States and World (London Financial Times 2013). Taught by the award winning professor and self-made millionaire, Norm Nemrow, this course will teach you the fundamentals of financial accounting better and more effectively than any course available today. We have run nearly 100,000 students through our courses over the last decade and now we making one of our main courses available on Udemy.

·5 out of 5 rating on Facebook with 250+ reviews

·Developed and used at the #1 accounting university in the World

·Mentioned in Wired Magazine, Gigaom, & New York Times

Let’s be honest, accounting has a negative stigma attached to it. Why? Because mainstream accounting education teaches students how to be nothing more than bean counters. Boring! We take a different approach; a better approach. In a nutshell, we teach students how to become business decision makers. Our goal is to give entrepreneurs the necessary tools so they can unleash their ideas and be successful in the open business market. Accounting is the language of business and a entrepreneur with a solid understanding of the fundamental principles of accounting can run a business and solve problems better than competitors who fail to learn these crucial concepts.

Who is the target audience?
  • Students, Entrepreneurs, and anyone who wants to take control of their financial future
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Curriculum For This Course
134 Lectures
11:20:56
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Introduction to Financial Accounting
21 Lectures 01:41:57
Introduction and Objectives
01:05

Speed Note
1 page


Equity Financing, Financial and Managerial Accounting
16:29

Quiz Notification
1 page

GP financial Stmts., Importance of Comparable Info, GAAP, SEC, AICPA, FASB,
17:56

International GAAP, Importance of Credible Information
09:24

Problem #1 - Answer

Problem - General Accounting Questions - Introduction
00:55

Problem - General Accounting Questions - Question
1 page

Problem - General Accounting Questions - Answer
2 pages

Problem - Problem 1 General Accounting Questions - Walk Through
03:10

Problem - More General Accounting Questions
00:05

Problem - More General Accounting Questions - Question
1 page

Problem - More General Accounting Questions - Answer
2 pages

Problem - More General Accounting Questions - Walk Through
03:32

Problem - MiniScribe Fraud
00:06

Problem - MiniScribe Fraud - Question
4 pages

Problem - MiniScribe Fraud - Answer
1 page

Problem - MiniScribe Fraud - Walk Through
06:55

What CPA's do, An Accounting Education, Legal Forms of a biz, Proprietorship
16:48

Partnerships, Corporations, Corporate Governance , Business is Good.
14:25
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General Purpose Financial Statements
34 Lectures 02:19:54
Introduction and Objectives
00:37

Speed Note
1 page

Intro to Financial Statements, Assets, Liabilities, & Owners Equity Defined
19:24

Stephen's Sweet Shot
18:45

Problem - Defined Terms - Introduction
00:10

Problem - Defined Terms - Question
1 page

Problem - Defined Terms - Hint
01:40

Problem - Defined Terms - Answer
5 pages

Problem - Defined Terms - Walk Through
03:58

The Income Statement, Expenses Defined, Revenues Defined
14:55

Quiz Notification
1 page

Problem - Definitions - Introduction
00:11

Problem - Definitions - Question
2 pages

Problem - Definitions - Hint
02:08

Problem - Definitions - Answer
4 pages

Problem - Definitions - Walk Through
04:54

Expanded Equation
15:41

Problem Introduction
00:54

Problem - Expanded Equation - Question
1 page

Problem - Expanded Equation - Hint
03:21

Problem - Expanded Equation - Answer
1 page

Problem - Expanded Equation - Walk Through
07:15

Problem - Expanded Equation Two - Introduction
00:20

Problem - Expanded Equation Two - Question
1 page

Problem - Expanded Equation Two - Hint
01:32

Problem - Expanded Equation Two - Answer
1 page

Problem - Expanded Equation Two - Walk Through
03:37

Relationship of Statements
08:04

Fin. Stmts. Formats, Balance Sheet, Retained Earnings, Income Stmts, Stmts of CF
19:51

Problem - Statement Formats - Introduction
00:50

Problem - Statement Formats - Question
1 page

Problem - Statement Formats - Hint
02:57

Problem - Statement Formats - Answer
3 pages

Problem - Statement Formats - Walk Through
08:50
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Accounting Cycle Part One
27 Lectures 01:40:30
Introduction and Objectives
00:39

Speed Note
1 page

Asset Valuation Topics, Accounting system
15:58

Accounting Systems Continued, Debits and Credits, Journal Entry Examples
15:32

More Journal Entry Examples, Bank's perspective on Cash
17:09

Problem - Prepping Journal Entries - Introduction
01:20

Problem - Prepping Journal Entries - Question
2 pages

Problem - Prepping Journal Entrires - Answer
3 pages

Problem - Prepping Journal Entrires - Walk Through
20:30

Posting to General Ledger
05:53

Problem - Posting to General Ledger - Introduction
02:02

Problem - Posting to General Ledger - Question
1 page

Problem - Posting to General Ledger - Answer
6 pages

Problem - Posting to General Ledger - Walk Through
01:42

Trial Balance - What and Why?
03:24

Problem - Preparing a Trial Balance - Introduction
00:31

Problem - Preparing a Trial Balance - Question
5 pages

Problem - Preparing a Trial Balance - Answer
1 page

Problem - Preparing a Trial Balance - Hint
00:46

Problem - Preparing a Trial Balance - Walk Through
00:40

Preparing the Financial Statements
06:20

Problem - Preparing Financial Statements - Introduction
00:37

Problem - Preparing Financial Statements - Question
2 pages

Problem - Preparing Financial Statements - Hint
01:04

Problem - Preparing Financial Statements - Answer
3 pages

Problem - Preparing Financial Statements - Walk Through
05:17

Lesson Summary
01:06
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Accounting Cycle Part Two
43 Lectures 01:58:46
Introduction and Objectives
00:38

Speed Note
1 page

Introduction to Lesson, Common Ending Accounting Balances
07:25

Problem - Common Accounting Balances - Introduction
00:14

Problem - Common Accounting Balances - Question
2 pages

Problem - Common Accounting Balances - Answer
2 pages

Problem - Common Accounting Balances - Walk Through
03:12

Steps of Acc System, Accrual Basis Accounting, Accrual vs Cash example
14:01

Adjusting Entries, Prepaid Expense Examples
12:33

Problem - Adjusting Entries - Introduction
00:12

Problem - Adjusting Entries - Question
3 pages

Problem - Adjusting Entries - Hint
02:11

Problem - Adjusting Entries - Answer
3 pages

Problem - Adjusting Entries - Walk Through
04:52

Unearned Revenue Examples
10:06

Problem - Adjusting Entries Two - Introduction
00:10

Problem - Adjusting Entries Two - Hint
00:49

Problem - Adjusting Entries Two - Question
2 pages

Problem - Adjusting Entries Two - Answer
3 pages

Problem - Adjusting Entries Two - Walk Through
03:16

Unrecorded Expenses & Revenues
06:18

Problem - Adjusting Entries Three - Introduction
00:09

Problem - Adjusting Entries Three - Question
1 page

Problem - Adjusting Entries Three - Walk Through
03:25

Problem - Adjusting Entries Three - Answer
1 page

Closing Entries, Real vs. Nominal Amount Accounts
12:02

Closing Entry Example
08:23

Problem - Closing Entries - Introduction
02:31

Problem - Closing Entries - Question
1 page

Problem - Closing Entries - Hint
00:37

Problem - Closing Entries - Answer
4 pages

Problem - Closing Entries - Walk Through
09:15

Computerized Accounting Systems, Account Analysis Examples
11:43

Lesson - Account Analysis - Introduction
00:06

Lesson - Account Analysis - Question
1 page

Lesson - Account Analysis - Hint
00:49

Lesson - Account Analysis - Answer
3 pages

Lesson - Account Analysis - Walk Through
01:43

Lesson - Account Analysis Two - Introduction
00:02

Lesson - Account Analysis Two - Question
1 page

Lesson - Account Analysis Two - Hint
00:40

Lesson - Account Analysis Two - Answer
1 page

Lesson - Account Analysis Two - Walk Through
01:24
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Financial Practice Set
9 Lectures 01:21:27
Financial Practice Set - Introduction and Objectives
00:26

Introduction
00:28

Financial Practice Set form
28 pages

Purpose of Exercise, Business Information, Requirement, Enclosures
13:33

Enclosures Continued, Subsidiary Ledger, Record Transaction, Special Journals
19:10

Using a Special Journal
16:01

Transactions Continued, General Journal, Trial Balance, Conclusion
15:49

Transactions continued, General Journal, Trial balance,
16:00

Financial Practice Set Solution
22 pages
About the Instructor
Professor Norm Nemrow
4.7 Average rating
375 Reviews
12,000 Students
1 Course
World Famous Accounting Course

Professor Nemrow is internationally recognized for his excellence in teaching and his commitment to charitable service.

In 1979, following graduation with a Masters of Accountancy degree from BYU, Professor Nemrow began his business career with Arthur Andersen & Company in Orange County, California, where he practiced as a CPA for three years before leaving to join a start-up real estate investment company. As Chief Financial Officer and then President of that company he helped manage its nationwide growth in apartment ownership to over 11,000 units before negotiating the successful sale of the business in 1985 and retiring at the age of 30. During that time he also taught as an Associate Professor at the Pepperdine University Graduate School of Management.

In 1991, Professor Nemrow and his family moved back to Utah where he took a full-time teaching position on a volunteer basis at BYU’s School of Accountancy. He taught in that capacity until retiring in 2011. During his teaching career Professor Nemrow received numerous teaching awards and was twice voted by the BYU graduating class as “The Overall Best Teacher at BYU”.

In addition, he was a founding Board member of Habitat for Humanity of Utah County and received the Governor’s Points of Light Service Award as well as the National Points of Light Service Award from President George W. Bush.

He currently resides in Provo, Utah with his wife Cindy. He and Cindy are the parents of 5 children. Norm spends most of his time devoted to community service and philanthropic endeavors.