Accounting 101 – Learn the Basic Principles the Right Way
Accounting 101 – Learn the Basic Principles the Right Way, available at $54.99, has an average rating of 4.37, with 25 lectures, 5 quizzes, based on 412 reviews, and has 1149 subscribers.
You will learn about Understand debits and credits Understand the double entry system The 5 account types: assets, liabilities, owner's equity, revenues and expenses The true nature of each account type How to use T accounts How to create and read balance sheets How to create and read profit & loss statements How to check your accounts with a trial balance How to create and post journals Understand the 8 step accounting cycle This course is ideal for individuals who are Anyone hoping for a career in finance and accounting or Business owners who want to do their own bookkeeping or Anyone who gets confused in meetings with accountants or Anyone looking to build a foundation of knowledge for future learning It is particularly useful for Anyone hoping for a career in finance and accounting or Business owners who want to do their own bookkeeping or Anyone who gets confused in meetings with accountants or Anyone looking to build a foundation of knowledge for future learning.
Enroll now: Accounting 101 – Learn the Basic Principles the Right Way
Summary
Title: Accounting 101 – Learn the Basic Principles the Right Way
Price: $54.99
Average Rating: 4.37
Number of Lectures: 25
Number of Quizzes: 5
Number of Published Lectures: 25
Number of Published Quizzes: 5
Number of Curriculum Items: 30
Number of Published Curriculum Objects: 30
Original Price: $34.99
Quality Status: approved
Status: Live
What You Will Learn
- Understand debits and credits
- Understand the double entry system
- The 5 account types: assets, liabilities, owner's equity, revenues and expenses
- The true nature of each account type
- How to use T accounts
- How to create and read balance sheets
- How to create and read profit & loss statements
- How to check your accounts with a trial balance
- How to create and post journals
- Understand the 8 step accounting cycle
Who Should Attend
- Anyone hoping for a career in finance and accounting
- Business owners who want to do their own bookkeeping
- Anyone who gets confused in meetings with accountants
- Anyone looking to build a foundation of knowledge for future learning
Target Audiences
- Anyone hoping for a career in finance and accounting
- Business owners who want to do their own bookkeeping
- Anyone who gets confused in meetings with accountants
- Anyone looking to build a foundation of knowledge for future learning
*** Accounting is easy to learn when taught the right way. We’ve got your covered! ***
Is this course for you?
Our course on accounting basics is perfect if you:
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Want to do the accountsfor your own business
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Are tired of being confused by your accountant
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Need a refresher course on accounting fundamentals
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Hope to start a career in accounting or finance
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Already work in finance and want to learn new skills
What you will get out of this course
Even if you know nothing about accounting you will finish this course with the confidence to:
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Read financial reports
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Do the books for your own business; or
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Go on to learn more about accounting
Why this is the best course on accounting basics
Accounting is a huge subject so we have carefully selected the best topics to include in an introduction to accounting course. We then teach them in the right order so you can start from the basics and build on your new knowledge bit by bit.
By the end of this course you will understand:
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Debitsand credits
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What the double entry system is and why it is important
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The nature and true business definition of the five types of accounts:
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Assets
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Liabilities
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Owner’s equity
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Expenses
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Revenues
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How to use T accounts to help with your accounting
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The importance of using accounting and bookkeeping software
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How to create and understand balance sheets
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How to create and understand profit and loss statements
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How to create and post journal entries
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How to use a trial balance to check your accounts
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The eight steps of the accounting cycle and where the lessons you have learned in this course fit into the cycle
About your instructor
Hi , I’m Mark Cunningham and I am a qualified accountant. I have worked for businesses and government organisations of all shapes and sizes both at home and overseas. I really enjoy teaching what I know to people like you who are looking to expand their knowledge. I look forward to teaching you through my Udemy courses. Please feel free to ask me questions at any time while you are completing this course as I’m always happy to help.
Course Curriculum
Chapter 1: Introduction
Lecture 1: Course Introduction
Lecture 2: Instructor Introduction
Lecture 3: Bookkeeping vs Accounting
Chapter 2: Accounting Basics
Lecture 1: Double Entry System
Lecture 2: Five Account Types
Lecture 3: Nature of the Five Account Types
Lecture 4: T Accounts
Lecture 5: Accounting and Bookkeeping Software
Chapter 3: Assets and Liabilities
Lecture 1: Assets
Lecture 2: Liabilities
Lecture 3: The Accounting Equation
Chapter 4: Balance Sheets
Lecture 1: Introduction
Lecture 2: Owner's Equity
Lecture 3: More Balance Sheet Items
Lecture 4: Presentation
Chapter 5: Profit and Loss Statements
Lecture 1: Introduction
Lecture 2: First Example
Lecture 3: Second Example
Lecture 4: Presentation
Chapter 6: Journals
Lecture 1: Creating a Journal
Lecture 2: Posting a Journal
Chapter 7: Trial Balance
Lecture 1: Trial Balance Overview
Chapter 8: Accounting Cycle
Lecture 1: Introduction
Lecture 2: The Eight Steps
Chapter 9: Bonus Lecture
Lecture 1: Bonus Lecture
Instructors
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Mark Cunningham
Your Teacher | Accountant | Bookkeeper | Entrepreneur
Rating Distribution
- 1 stars: 2 votes
- 2 stars: 4 votes
- 3 stars: 45 votes
- 4 stars: 148 votes
- 5 stars: 213 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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