The Basics of Business Accounting

Beginning to intermediate accounting for the non-finance professional
The Basics of Business Accounting
File Size :
811.50 MB
Total length :
2h 33m

Category

Instructor

Ray Harkins, The Manufacturing Academy

Language

Last update

7/2023

Ratings

4.4/5

The Basics of Business Accounting

What you’ll learn

The ability to understand and interpret financial statements
Balance Sheets, Income Statements, Cash Flow Statements and Statements of Owners’ Equity
The fundamentals of Accural Accounting
Key accounting concepts such as Depreciation, the Fundamental Accounting Equation, Revenue Recognition, Assets, Liabilities, and much more.
Terminology like SG&A, Amortization, Unearned Revenue, Current and Non- Current Liabilities, Fixed Assets, and much more.

The Basics of Business Accounting

Requirements

Basic math skills
General knowledge of service or manufacturing organizations
Analytical approach to problem solving
Desire to learn the fundamentals of business accounting

Description

The Basics of Business Accounting starts at the very beginning introducing the student to essential accounting principles and concepts that apply to any business or industry.  Through this course, the student will learn to interpret the key sections of the Four Main Financial Statements: the Balance Sheet, the Income Statement, the Cash Flow Statement, and the Statement of Owners’ Equity.Students will learn to apply the Fundamental Accounting Equation, and other vital accounting concepts such as depreciation, revenue recognition, accrual accounting, cash flow, and many others.The Basics of Business Accounting will add the crucially important skills of understanding, interpreting and building financial statements to your existing business and management skill base.”Ray has done a great job by teaching a robust approach to accounting that has ranged from its history to practical development and application.” – Dion B.

Overview

Section 1: Introduction

Lecture 1 01 Introduction

Lecture 2 02 Getting Started

Lecture 3 03 The Economic Entity Principle

Lecture 4 04 The Balance Sheet, Pt 1

Lecture 5 05 The Balance Sheet, Pt 2

Lecture 6 06 The Balance Sheet, Pt 3

Lecture 7 07 The Double Entry Bookkeeping System

Lecture 8 08 The Double Entry Bookkeeping System Explained (Optional Video)

Lecture 9 09 The Balance Sheet, Pt 3

Lecture 10 10 Depreciation and Amortization

Lecture 11 11 The Balance Sheet, Pt 4

Lecture 12 12 The Balance Sheet, Pt 5

Lecture 13 13 The Balance Sheet, Pt 6

Lecture 14 14 The Income Statement, Pt 1

Lecture 15 15 The Income Statement, Pt 2

Lecture 16 16 The Income Statement, Pt 3

Lecture 17 17 The Income Statement, Pt 4

Lecture 18 18 The Cash Flow Statement, Pt 1

Lecture 19 19 The Cash Flow Statement, Pt 2

Lecture 20 20 The Cash Flow Statement, Pt 3

Lecture 21 21 The Cash Flow Statement, Pt 4

Lecture 22 22 The Cash Flow Statement, Pt 5

Lecture 23 23 The Cash Flow Statement, Pt 6

Lecture 24 24 The Statement of Owners’ Equity

Lecture 25 25 Where to go from here?

Lecture 26 26 Conclusion

Lecture 27 Bonus Lecture

Anyone desiring to expand their business foundation,Engineers, technicians, supervisors, non-financial managers, inventory specialists,Small business owners, manufacturing supervisors, entrepreneurs

Course Information:

Udemy | English | 2h 33m | 811.50 MB
Created by: Ray Harkins, The Manufacturing Academy

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