Essentials of Accounting
Learn the accounting nature of assets, revenue, liabilities, and account receivables. Understand proper accounting treatment and apply knowledge in this beginner course. Perfect for entrepreneurs and home-based owners without a financial accounting background.
Learn about the accounting nature of assets, revenue, liabilities, and account receivables.Prepare the building blocks in financial accounting, T-Accounts General Journals.Understand the proper accounting treatment of nuanced accounts such as revenue recognition and credit card sales.Learn and apply all the knowledge imparted in a class assignment.Accounting is a good supplementary skill to have because it allows business owners and managers to have a better grasp of how transactions within their organisation will be treated (e.g., can I recognise this sum of cash as revenue?). The end goal of accounting is to empower owners and/or managers to make sound decisions in their businesses for sustainable and steady growth.This course focuses on the fundamental accounting concepts principles, transaction recording, and accounts drafting. As it is a beginner course, we will not be preparing full-fledged financial statements, but will be focusing on the prerequisites of those. Accounting places a lot of emphases on accuracy and correctness, I believe it is a bottom-top topic, where foundational knowledge and attention-to-detail is key to being a strong accountant. Personally, I’ve taken financial accounting as a subject and learnt from different educators over a period of 6 years, and have served as a guide for my peers regarding this field and am bringing this value to you now! So if you are a meticulous and process-oriented person who have not yet picked up accounting, this class might just be the one for you!Hope you enjoy the classes and resources I prepared. Do feel free to reach out if you have any queries! :)Who this course is for:Intended learners are entrepreneurs, home-based owners, and really anyone who has no financial accounting background. Having a foundational grasp of financial accounting knowledge helps us better understand how a given transaction affects the firm/organisation’s financial status.
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