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Learn Accounting. Understand Business.

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Developing a Business Mindset through the Application of Accounting Concepts

  • Lectures        33
  • Video             6 Hours
  • Skill level      Beginner level

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Description

Course Description

Understanding Accounting is Understanding Business.

Take a minute and think about the world we live in today. Whether it is social media, sport teams, non-profits, or local mom and pop shops- all of these are individuals, like me and you, creating a business and delivering it to the masses. Regardless of your background, you are immersed in a world of business. A foundation in accounting can help you navigate the complexities and develop a new perspective on the world we live in. Accounting is the language of business and in its simplest form, accounting is a platform that allows businesses to record transactions.

Business and accounting come hand in hand. You cannot have one without the other. This course seeks to teach you basic accounting principles through a business lense. By the end of this course, you will understand key accounting concepts that are universally applicable to all businesses. In turn, you will be able to apply these concepts to:

  • Streamline your Small Business
  • Improve Investing/Analytical Skills
  • Manage Personal Finances
  • Develop Bookkeeping Principles
  • Understand Business Operations

About the Course

This beginner course is a 15 chapter series of video lectures and textbook with an emphasis on financial accounting. It is imperative that you utilize both to get the most of the course.

It is designed to make accounting as simple and relevant as possible. Many other courses will have lessons on regulatory agencies or governmental accounting, however, this course purposely leaves those out. Frankly, unless you want to become a CPA, that information is too specialized and you simply will never use it. This course focuses only on concepts that can be applicable to your every day life.

The course starts with an overview of accounting and business concepts and then dives into technical theory. After going over technical concepts, it then takes a step back and shows how the technical theory relates to business operations. Lastly, it concludes with a chapter on utilizing technical theory to analyze companies.

What are the requirements?

  • No previous knowledge required
  • A learning attitude

What am I going to get from this course?

  • Over 33 lectures and 5.5 hours of content!
  • By the end of this course, you will understand basic accounting principles universal to all businesses. In turn, you will be able to apply these concepts to your unique situation.

What is the target audience?

  • People with little to no business or accounting experience
  • People seeking to explore a career in the business/finance/accounting industry
  • People seeking to improve personal finances
  • People seeking to turn a hobby into a career
  • Students/Professionals
  • Small business owners

Curriculum

Section 1: Introduction to Accounting
Introduction to the Course
04:41
Introduction to the Course Text
2 pages
Basics of Accounting
07:45
Basics of Accounting Text
5 pages
Section 2: Business Essentials- The Early Stages
Cash Vs Accrual Basis
07:21
Cash Vs Accrual Basis Text
3 pages
Accounting Cycle
09:45
Accounting Cycle Text
10 pages
Section 3: Technical Theory
Managing Inventory
10:18
Managing Inventory Text
16 pages
Accounting for Sales
09:30
Accounting for Sales Text
7 pages
Reconciling Cash
07:33
Reconciling Cash Text
5 pages
Accounting for Payroll
04:55
Accounting for Payroll Text
2 pages
Breaking Down the Balance Sheet
16:02
Breaking Down the Balance Sheet Text
14 pages
Depreciation/Amortization
06:52
Depreciation/Amortization Text
4 pages
Section 4: Business Essentials: The Latter Stages
Trial Balance
04:39
Trial Balance Text
4 pages
Adjusting Entries
05:55
Adjusting Entries Text
4 pages
Preparing Financial Statements
16:00
Preparing Financial Statements Text
11 pages
Wrapping up the Accounting Cycle
03:08
Wrapping up the Accounting Cycle Text
3 pages
Section 5: Analyzing Businesses
Ratio Analysis
10:11
Ratio Analysis Text
6 pages
Section 6: Course Wrap Up
Course Wrap Up Test
4 pages
Course Wrap Up Test Answers
6 pages
Textbook Download
96 pages
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