Accounting Made Easy: A Quick Guide To Financial Accounting

Accounting Made Easy: A Quick Guide To Financial Accounting
Last updated 6/2021
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 285.48 MB | Duration: 1h 15m

Accounting is not about Math, it is about concepts. And no one said it has to be hard. Learn the basics in just 2 hours!

What you'll learn
Understand bookkeeping records
Build an Income Statement
Build a Balance Sheet
Understand the accounting equation and the principle of double entry
Tell the diffrence between debits and credits
Analyze a company's performance based on the figures in its annual report
Requirements
No prior knowledge of accounting is assumed or needed
There is nothing to buy or pay for - everything is included for free
You'll need a notebook and a pen
Description
There are not many courses available on the market that make a complex and dry subject understandable and even fun. This course does just that!By completing the Accounting Made Easy Course you will be able to learn the essentials of Accounting and Bookkeeping - two of the fundamental tools for a successful career in finance.This course will help you understand basic accounting concepts and offers extra practice on topics such as:.Bookkeeping, Debits, Credits, the Chart of Accounts, General and Subsidiary Ledgers, T-Accounts, Income Statement and Balance Sheet items, The Accounting Equation, the Double-Entry Principles and more.In no time you will be able to:Set up an accounting systemRecording accounting transactionsMaking accounting entriesPreparing Income Statements and Balance SheetsUnderstand Financial StatementsThe materials are suitable for people with no previous Accounting or Business knowledge. You can complete the training in a couple of hours and instantly improve your understanding of financial statements and accounting transactions!What makes this course different from the rest of the Accounting courses that are out there?High quality of production – HD video and animations (This isn't a collection of boring lectures!)Knowledgeable instructor (experience in Big 4 Accounting + Master in Finance)A Complete case study that will help you reinforce everything that you've learnedExcellent support: If you don't understand a concept or you simply want to drop us a line, you'll receive an answer within 24 hoursDynamic: We don't want to waste your time! The instructor keeps up a very good pace throughout the whole course.How come Accounting is so important?It's about money, right? If you want to understand how money is coming in and going out of a business, you will have to learn accounting.Here are 5 more reasons why you should take this course and learn accounting:Jobs. A solid understanding of accounting usually lands you a sweet job as an accountant and opens doors for a number of career paths.Promotions. Accountants are promoted very easily inside large corporationsMick Jagger studied accountingSecure Future. Accounting skills remain with you and provide extra security. You won't ever have to fear unemploymentGirls dig accountants! Guys who can tell the difference between debits and credits are proven to be the most popular with womenPlease don't forget that the course comes with Udemy's 30-day unconditional money-back-in-full guarantee. And why not give such a guarantee, when we are convinced that the course will provide a ton of value for you?So what are you waiting for? Click the "Take this Course" button and start learning now!CPE (Continuing Professional Education)Learning Objectives:Describe accounting and its fundamental processName the main types of financial statementsIdentify the main building blocks of a Balance Sheet and a Profit and Loss StatementDefine the accounting equation and its importance in the accounting frameworkDiscuss the conventions that are used in recording accounting dataBuild a simple balance sheet and income statement using brief transaction dataCategorize each transaction in the correct accounting headsFor additional information, including refunds and complaints, please see Udemy Terms of Use, which is linked from the footer of this page.For more information regarding administrative policies, please contact our support using the Help and Support link at the bottom of this page.

Overview

Section 1: Introduction to Accounting - Why Accounting Is Important?

Lecture 1 What Does the Course Cover?

Lecture 2 What Is Accounting and Why Do We Need It?

Lecture 3 Earn a Free Gift!

Lecture 4 The Importance of Bookkeeping - Good Accounting Records Are Essential

Lecture 5 Financial Accounting - Who Needs Financial Reports?

Section 2: The Three Main Statements in Financial Accounting

Lecture 6 The Three Main Financial Statements: P&L, Balance Sheet and Cash Flow

Lecture 7 Building Blocks of an Income Statement

Lecture 8 Building Blocks of a Balance Sheet

Section 3: Let's Build a Solid Foundation: Core Accounting Principles That You Should Learn

Lecture 9 The Accounting Equation and How It Stays in Balance

Lecture 10 General & Subsidiary Ledgers - This Is How a Firm Organizes Its Accounts

Lecture 11 Making Sense of Debits and Credits! It Does Not Have To Be Hard

Lecture 12 Income Statement T-Accounts

Lecture 13 The Cornerstone Principle of Accounting - Double Entry Bookkeeping

Section 4: A COMPLETE Case Study: Bookkeeping Records + Income Statement + Balance Sheet

Lecture 14 Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (1/4)

Lecture 15 Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (2/4)

Lecture 16 Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (3/4)

Lecture 17 Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (4/4)

Aspiring Accountants and Financial Analysts,Aspiring Investment Bankers,Aspiring Financial Controllers,Business Owners,Accounting Students,Anyone wishing to understand a company's financials,Anyone wishing to be successful in the world of Business & Finance