Discover, develop, practice your financial information and explore the world of accounting
What you will learn
How to create a Balance Sheet
How to create an Income Statement
How to form a Statement of Cash Flow
Develop your knowledge as an accountant and start practicing your career as an expert.
Description
The course is very comprehensive as it takes you through its four sections into the world of accounting. It shows what bookkeeping is. The difference between accounting and reporting. The goals of bookkeeping, accounting and reporting. It also displays various accounting terminologies. It also develops your mathematical skills and how you can maximize your skills to perform accounting information efficiently. Understanding revenues, expenses and other income statements items is crucial to create an income statement easily. Realizing assets with its kinds current and non-current is the first step to create a balance sheet smoothly. Liabilities with their two kinds is the second step to set up your balance sheet. Finally, you study equity and how it contributes to shareholders.
Accounting basics, the ultimate course is one of the most comprehensive courses on the internet. It starts with the process of bookkeeping. How to create the three main financial statements easily. Balance sheet, income statement and statement of cash flows. The last section has 3 fully and detailed examples for creating these three main statements efficiently. Your understanding is guaranteed.
Accounting basics, the ultimate course is one of the most comprehensive courses on the internet. It starts with the process of bookkeeping. How to create the three main financial statements easily. Balance sheet, income statement and statement of cash flows. The last section has 3 fully and detailed examples for creating these three main statements efficiently. Your understanding is guaranteed.
Content
Bookkeeping, accounting and reporting
Mathematical and numerical skills
Financial records and financial statements
Balance sheet
Section 5: a case study