Finance & Accounting Online Course by Udemy, On Sale Here
An Ultimate Guide to Basic Financial Accounting
An excellent training about Accounting & Bookkeeping
Financial Accounting, its Cycle, Statements and Analysis
The course covers almost entire syllabus of theportionof financial accounting which we call basic financial accounting. The most important function of financial accounting is to prepare statements and reports that depict the financial and performance positions of a company. For that purpose statements such as income statement, balance sheet and statement of cash flow are prepared. I have very simply explained and demonstrated in Microsoft excel the procedures and steps to prepare such reports. The course also includes transactions related to a business that include discounts allowed. Cash-based and accrual-based accounting have been clearly differentiated. The most important transactions and their treatment such as those related to expenses, cost of goods sold and revenues have also been discussed. Each important topic not only includes theoretical presentation but practical examples have been included so that the conceptsare easilyunderstood and the whole accounting cycle has been classified into steps so that students can easily pick up the basic concepts and procedures of financial accounting. Students who want to learn accounting cycle which leads to financial statements will find this course very helpful and simple to understand. The course has been divided into sectionsand in topics. By having this course, I expect thatstudents as well as entrepreneurs willpick up not only the concepts of theoretical accounting but use them practically also.
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