Class Summary


In this class, you will discover how to manage accounts and financial transactions to operate successful business. This course includes tons of interactive exercises to help you create accounts. Make sure to take them.

What should i know?


Nothing! This is an absolute beginner guide to accounting.


Syllabus


  1. What is accounting and why do we need it?
  2. Assets and Liabilities
  3. The Accounting Equation
  4. Revenue, Expenses and Drawings
  5. Introducing The Complete Accounting Equation
  6. Basic transactions
  7. Journal Entries
  8. Ledgers
  9. Fixed assets and depreciation
  10. The Trial Balance
  11. How to produce a Profit and Loss Statement
  12. The Balance Sheet
  13. Cash Flow Report
  14. Decision Making – How to analyze financial reports to make informed decisions