Accounting- Financial Accounting, Cash vs Accrual Accounting

Let’s discover the untold story of Cash vs Accrual Accounting.

If you are an accounting or finance enthusiast, this mini course is for you. 

Have you ever thought why Accounting has to be complex? Why someone made Accrual Accounting? Why it can’t be simple? Why don’t we use the simple Cash based Accounting? I bet you have.

I will tell you the answer. And for that we need to understand how business accounts will look like if we use Cash Accounting vs Accrual Accounting. And we will learn that in this course.

One thing is sure that Accrual Accounting is used by the whole world. That means it has to have certain characteristics which make it powerful. What are these, let’s find out.

In this mini-course I’m going to take you through an excel based exercise on creating accounts using cash based and then using accrual based accounting. So, that we can compare the two and figure out interesting insights.

I teach this module in b-schools and students find it an incredible insight, never told before.

By realizing what lies at the core of accounting, you will not only appreciate accounting methods but will also be equipped with the right mindset to learn. It will enable you to better analyse the financials of any company.

Contents and OverviewThis course includes 10 lectures and just over 30 minutes of content in order to give students a working knowledge and an invaluable insight into Accounting.

What you’ll learn

At the end of this course you have following takeaways

1. You will be well versed with Cash vs Accrual Accounting

2. You will be able to record basic transactions in Cash as well as Accrual Accounting

3. You will have an invaluable insight into the science behind of Accounting

Rating Distribution

• 1 stars: 2 votes
• 2 stars: 12 votes
• 3 stars: 61 votes
• 4 stars: 191 votes
• 5 stars: 231 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!