What you'll learn
Bookkeeping | Rules of recording transactions
Accounting | Accounting Concepts | Period end Adjustments
Financial Statements Preperation | Profit & Loss Statement | Balance Sheet
Depreciation | Depreciation methods | Accounting for Depreciation
Inventory | Inventory Valuation methods | Inventory Accounting
Accruals & Prepayments
Bad and doubtful debts
Requirements
No prerequisites, this course starts everything right from the scratch
Description
Accounting, Bookkeeping, and Financial Statements Preparation are three steps to achieve one main goal, keeping a track of business money and prepare reports to provide a financial summary for stakeholders.
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Why you should learn Accounting:
Every single business needs to record its income and expenses, not just for internal management and control, but also for external stakeholders like government, tax authorities, investors, lenders, and even suppliers and customers. Having a good command of numbers and the idea of how cash flows are recorded and presented makes you a better professional.
Who should take this course:
Accounting and Finance Students
Business Students
Aspiring Accountants
Professionals
Entrepreneurs
Business Owners
Investors
Startup founders
Prerequisite:
This course starts from zero, no background knowledge is required to start learning in this course. Even 12 years old can also learn Bookkeeping, Accounting, and Financial Statements Preparation in this course.
Money-Back Guarantee:
Nothing to lose! If you will not be satisfied with the course, Udemy offers 30 days money-back guarantee!
Topics Covered:
Introduction to Accounting
Why Accounting has to follow rules and what are the accounting standards?
What are the different types of Accounting and what information is produced by each?
Accounting terms
Cash and Accrual Accounting
Double-entry concept
Bookkeeping
General Ledger
Trial Balance and Financial Statements
Fixed Assets and Depreciation
Inventory Accounting
Financial Statements preparation
This built of the course is fairly easy, the format is beautifully designed interesting interactive video, the course flows from basis to Accounting to the preparation of financial statements first and then the more complex and frequently used areas of Accounting have been dealt with. This course also covers various practical concepts that are quite useful when you are maintaining your books in accounting software. In short, in the next 3 hours, you will be able to understand all the basic aspects of Accounting that you need to know to well handle your business financials.
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Introduction to the teacher:
Chartered Accountant | 12 years of work experience | 12 years of teaching experience as visiting faculty
I am a Certified Chartered Accountant (ACCA) from the UK with 12 years of professional work and teaching experience and have taught more than 4,000 students in class and 40,000+ students on Udemy!
I have implemented accounting software and ERP at various organizations and have expertise in financial transformation. I have been leading accountancy practice for small and medium-sized entities for the last 4 months and have frequent interaction with entrepreneurs. So I know what exactly do entrepreneurs need to know to well manage their books.
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Who this course is for:
Entrepreneurs and business owners
Aspiring Accountants and Bookkeepers
Accountants
Bookkeepers
Finance professionals seeking better understanding of Accounting concepts
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