Financial Accounting & Bookkeeping - Beginners to Advanced
Financial Accounting & Bookkeeping - Beginners to Advanced
Published 11/2024
Created by Faisal Tuheed Rao
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English | Duration: 236 Lectures ( 24h 13m ) | Size: 8.4 GB
Step-by-Step Financial Accounting & Bookkeeping: Build Skills from Scratch to Pro
What you'll learn
What is accounting & Bookkeeping | Accounting cycle | Stakeholders | Basic accounting terminologies | Objectives & limitations of accounting
Learn about double entry system | Accrual & cash accounting
Must-know accounting principles| Generally accepted accounting principles | Basic assumptions of accounting | Basic Principles of accounting
How to analyze business transaction |Accounting equation | Developing accounting equation | Assets, liabilities, stockholders' equity
Complete accounting cycle| Journal | Classification of accounts | Rules of debit and credit | Journal entry and compound entry (journalizing transactions)
Learn about ledger | Posting of journal entry | Normal balances
Bad and doubtful debts
Accruals & Prepayments
How to prepare trial balance | Adjusting entries | Adjusted trial balance | Closing entries
Preparation of financial statements | Specific items on Financial Statements | Income statement | Balance Sheet | Cash flow statement
Recognition of assets, liabilities, revenue, and expense | Tangible and intangible assets | Fixed assets and current assets
Depreciation & amortization | Methods of depreciation | Gain / loss on disposal of assets
Inventory | Periodic and perpetual inventory system | Methods of valuation of inventory (FIFO, LIFO, Average)
Learn to prepare bank reconciliation
Learn about short-term investment and long-term investment
Learn how to analyze financial statements | Ratio analysis
Learn about bonds
Requirements
No experience needed. You will learn everything about accounting you need to know
Description
Course Title: Financial Accounting & Bookkeeping - Beginners to AdvancedSubtitle: Step-by-Step Financial Accounting & Bookkeeping: Build Skills from Scratch to ProCourse Description:Unlock the essentials of financial accounting and bookkeeping with this comprehensive course, designed to take you from beginner to advanced levels. Perfect for aspiring accountants, business owners, and anyone looking to master accounting fundamentals, this course covers everything from basic bookkeeping and the accounting cycle to advanced topics like financial statement analysis, adjusting entries, and revenue recognition.What You'll Learn:Introduction to AccountingUnderstanding the Journal and Journalizing the Accounting TransactionsAccounting basics: double-entry bookkeeping, journal entries, and ledgersLedger and Posting of Journal EntriesTrial BalanceRectification of ErrorsUnderstanding Income Statement (Profit & Loss Statement)Preparation of Balance SheetCash Flow Statement - Preparation and UnderstandingDepreciation, Amortization, Depletion, ObsolescenceOpening Entries, Adjustment Entries, Closing EntriesBank Reconciliation StatementRevenue and Receivables: Definition and RecordingAccounting for Expense and PayableAccruals and PrepaymentsOther Income: Interest, Dividend, Gains, Rental, Claims, Grants, and moreOther Expenses: Interest Expenses, Exchange Losses, and MoreAccounting for Inventory and Inventory ValuationEquity Accounting For CorporationPreparing and analyzing financial statements: balance sheet, income statement, and cash flowAdvanced skills: accruals, adjusting entries, and revenue recognitionWhy Take This Course?Learn practical, real-world accounting skills with a step-by-step approach that's perfect for all levels. Taught by industry expert, this course will build your confidence and skills, equipping you to manage financial records and analyze business performance.
Who this course is for
This accounting course is the best for beginners and advanced learners
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