Financial Accounting in Excel – New Business
Financial Accounting in Excel – New Business, available at Free, has an average rating of 4.4, with 14 lectures, based on 1894 reviews, and has 43866 subscribers.
You will learn about Debits & Credits Excel Fundamentals – Add, Subtract, Sum Function Journalize Journal Entries Post Journal Entries to General Ledger This course is ideal for individuals who are Business Owners or Accounting Professionals or Accounting Students or Students taking accounting courses or Business Owners It is particularly useful for Business Owners or Accounting Professionals or Accounting Students or Students taking accounting courses or Business Owners.
Enroll now: Financial Accounting in Excel – New Business
Summary
Title: Financial Accounting in Excel – New Business
Price: Free
Average Rating: 4.4
Number of Lectures: 14
Number of Published Lectures: 14
Number of Curriculum Items: 14
Number of Published Curriculum Objects: 14
Original Price: Free
Quality Status: approved
Status: Live
What You Will Learn
- Debits & Credits
- Excel Fundamentals – Add, Subtract, Sum Function
- Journalize Journal Entries
- Post Journal Entries to General Ledger
Who Should Attend
- Business Owners
- Accounting Professionals
- Accounting Students
- Students taking accounting courses
- Business Owners
Target Audiences
- Business Owners
- Accounting Professionals
- Accounting Students
- Students taking accounting courses
- Business Owners
If we are a business owner or accounting professional who would like to get a better understanding of what our accounting software is doing
Or
An accounting student or student in general that would like to get a better understanding of what our accounting textbook is doing
This course is a course for us.
Business owners, accounting professionals, and accounting students often have the same problem with accounting. . .
that we are focused on one small component of the accounting process and not able to make all the necessary connections to other components of the accounting process to fully benefit from an understanding of how the business runs.
Business owners focus on cash flow and revenue, accounting professionals focus on their component of the accounting department and enter data into the accounting software, and accounting students focus on the topic they are currently working on.
Accounting professional often focus on one component of the accounting cycle like accounts receivable, accounts payable, or payroll often not having much time to consider the relationship with other areas of the accounting cycle.
Accounting software helps simplify the data entry process, but the simplification also restricts us from seeing how the data is being processed into the end product, into financial statements and reports.
Students are focused on one component of the accounting cycle at a time following an accounting textbook that is putting the pieces of the accounting puzzle together one step at a time.
As students zoom their focus into the current topic, they often lose sight of it fits into the larger objective and this loss of sight causes students to question the relevance of what they are losing. Student’s questioning the relevance of what they are learning causes students to lose interest. A loss of student interest causes students grades to fall.
Part of the reason accounting textbooks have a difficult time incorporating the current topic into the big picture is that a textbook is restricted by what can fit on a page and the problems a textbook provides are restricted by what a student can accomplish with paper and pencil.
The use of instructional video providing a step by step process along with Excel that allows students to sum up large columns of numbers in a short time provides the tools to create a comprehensive problem that will demonstrate current topics in the context of the entire accounting process.
Why Take This Course?
We will start to learn the accounting cycle in a comprehensive way and learn the fundamental of Excel.
Learning the accounting process without Excel or Excel without accounting is a waste of time and not an efficient way to learn either topic.
Like assets being equivalent to liabilities and equity, accounting is equivalent to Excel in many ways and therefore learning Excel will accelerate our learning of accounting and make what we learn more applicable.
Accounting is also the perfect tool to learn Excel. This course will not provide a broad overview of everything Excel can do because that is not a way to learn. Courses attempting to demonstrate all the functions Excel fail to create value for learners because learners will not retain what they learn without a foundation of core concepts and a reason for learning each new function.
This course will cover the fundamentals of Excel, those components used 99% of the time, and the components needed as a foundation for learning more about Excel.
The core components of Excel we will learn include adding, subtracting, and summing up columns of numbers.
We will learn the core concept of Excel through demonstration, repetition, and application to practical problems.
What Will Be Included in This Course?
In addition to instruction video we include an Excel worksheet with just about every presentation allowing us to both see the completed answer and work through the problems step by step along with the video.
Each Excel workbook includes at least two tabs. One tab will have the answer so that we can see how the completed worksheet is constructed and the second tab will provide us the opportunity to enter the data along with the instructional video.
Who Will We Be Learning From?
We will be learning from somebody who has practical accounting experience as a practicing CPA, teaching experience, curriculum design experience.
Credentials include:
We are learning from someone who has both instruction and curriculum development experience needed to construct comprehensive courses of a technical nature in a way that meets students’ needs and expectations.
What Will We Learn?
We will learn how to complete the components of the accounting cycle and the fundamental of Excel including addition, subtraction, and the sum function.
Below is a short list of what is included in the accounting cycle and what we will cover in the course:
- Journalizing journal entries
- Posting to the general ledger
- Create a trial balance
- Financial statement generation
How Will We Be Taught?
We will learn through viewing and then doing.
We will demonstrate each component of the problem in small digestible parts using both a completed Excel worksheet and instructional video.
We will provide an Excel worksheet that can be filled in along with the instructional video or after watching the instructional video.
Please join us in learning Accounting, Excel, debits, and credits.
It will be Great
Course Content Includes:
- Start a New Business Section of Accounting & Excel Course
- 05 Set up New Company Worksheet
- 10 Set Up Inventory Items
- 15 Set Up Customer Balances
- 20 Set Up Vendors Beginning Balances
- 25 Enter Opening Account Balances
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Lecture 2: Course Outline
Lecture 3: Course Data Files
Chapter 2: Start a New Business Excel Worksheet
Lecture 1: Start a New Business Section Overview
Lecture 2: Excel Worksheet – 6.05 Set Up New Company Worksheet
Lecture 3: 6.05 Set up New Company Worksheet
Lecture 4: Excel Worksheet – 6.10 Set Up Inventory Items
Lecture 5: 6.10 Set Up Inventory Items
Lecture 6: Excel Worksheet – 6.15 Set Up Customer Balances
Lecture 7: 6.15 Set Up Customer Balances
Lecture 8: Excel Worksheet – 6.20 Set Up Vendors Beginning Balances
Lecture 9: 6.20 Set Up Vendors Beginning Balances
Lecture 10: Excel Worksheet – 6.25 Enter Opening Account Balances
Lecture 11: 6.25 Enter Opening Account Balances
Instructors
-
Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI
Rating Distribution
- 1 stars: 41 votes
- 2 stars: 66 votes
- 3 stars: 330 votes
- 4 stars: 654 votes
- 5 stars: 803 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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