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Accounting & Bookkeeping Basics in 90 Mins - A Quick Intro

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  • icon1 hours 32 minutes
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About Accounting & Bookkeeping Basics in 90 Mins - A Quick Intro

Introduction - What does this course cover?

Why Is Accounting So Important?

Let's Start a Business! - Introduction to the Course Example

Profit & Loss Statement - How much has my business made?

Cash & Accrual Accounting

Balance Sheet & The Accounting Equation "Own = Owe"

Double Entry System - The Two Sides to Every Transaction

Quick Recap & Introduction to T-accounts

Debits and Credits Rules 1 & 2 - Simplest Explanation Ever!

Calculating the Balance of T-Accounts

Rule 3 - Normal Debit & Normal Credit accounts (With a Special Trick)

Debits & Credits Examples - Making Sales in Cash & Accrual

Debits & Credits Examples - Lending & Borrowing Money

Debits & Credits Examples - Buying Stock with Cash & Accrual

Practical Exercise 2 - Debits & Credits, Balance Sheet, Profit & Loss

Congratulations! Course Completion

What You Will Learn?

  • An easy, beginner-friendly accounting & bookkeeping foundation course filled with practical examples..
  • Are you tired of seeing Accounting basics courses filled with endless boring theory and no real-life examples? Look no further! We get straight to the point and get you up to speed with the fundamentals of accounting & bookkeeping in this 90 minute course - even if you've never studied accounting before. We follow practical examples every step of the way to make a dry topic engaging and fun!.
  • Here is what you get when enrol in this course:.
  • 90 Mins of expert instructor led video explaining all the basic accounting principles using real life practical examples of a Pet Accessory shop.
  • Bite-sized and easy-to-digest videos with "no fluff”.
  • Quizzes at the completion of all chapters to test your knowledge.
  • Practical Exercises with worked solutions covering all major topics.
  • Expert CPA tips to become an accounting wizard.
  • Sample financial reports you can download and refer to at any time.
  • No more wasted time on lengthy, boring tutorials.
  • We Will Cover:.
  • Learn to Read Important Financial Reports (Profit & Loss & Balance Sheet).
  • The Accounting Equation.
  • Double Entry System - there are two sides to every story.
  • Debits & Credits - the simplest explanation ever!.
  • T-Accounts and why they are so important.
  • Why Profit does Not always equal Cash.
  • and a lot more!.
  • Why This Course?.
  • There are several Financial Accounting courses on Udemy. So, what makes this course different?.
  • Taught by a CA / CPA and highly rated instructor - Shweta Nandlal.
  • Shweta has 10 years of experience as a professional accountant and bookkeeper.
  • She has worked in some of the top tax firms in the world and has her own bookkeeping practice..
  • No fluff or unnecessary repetition - don't waste your time on long courses that go on and on about accounting theory but dont explain how you could apply the theory in real-life.
  • Clear, concise, and practical training.
  • Fun and engaging - Follow along with our practical examples throughout this course.
  • This "bite sized" course is perfect for:.
  • A business owner looking to get a basic understanding of accounting.
  • A student starting a degree in accounting or bookkeeping.
  • A manager looking to understand accounting terminology so you can communicate with your accountant better.
  • Anyone looking to quickly get a working knowledge on the topic.
  • No Prior Knowledge Needed..
  • You don't need familiarity with bookkeeping or accounting to take this course. You'll learn everything from scratch, step-by-step. This course will also provide example worksheets so you can follow along and put your learning into practice..