Description
The goal of this module is to understand bookkeeping/accounting terminology and concepts. The lessons are designed for small business owners and entrepreneurs with little to no accounting/bookkeeping background. If you're looking for a refresher course, you can enroll too. This course includes video lessons, quizzes, and carefully designed excel spreadsheets to carry out bookkeeping activities. Here are the lessons we will cover throughout this course: Defining accounting and understanding debits + creditsWhat is double-entry bookkeeping?Double-entry bookkeeping Part 2Quiz 1 RecapCash versus Accrual Accounting Accounting PrinciplesQuiz 2 RecapDebit and credit transactions with T-ChartsJournal entries and source documents Journal entries and source documents Part 2After the courseOnce you have completed this course, it would be beneficial to complete the Dissecting Financial Statements and Understanding Financial Ratios course. The second course gives continuity to the Basic Accounting Concepts and Principles course. The goal of this module is to understand the financial statements a business should prepare on a periodic basis. We will discuss key terms and concepts necessary to succeed not only in this course, but also your professional career. I have also designed two courses targeting QuickBooks Online. These course can be taken by anyone with an accounting background to further increase their knowledge of the accounting software and/or apply recently learnt accounting material.
