Fundamentals Of Accounting For Business Owners

A Part Time Online Financial Accounting Course for Beginners thought in an 'easy to follow' manner

Last updated 2022-01-10 | 4.5

- Understand and Realize the Need for Accounting
- Have a basic understanding on Accounting
- Understand accounting assumptions and how to record transactions

What you'll learn

Understand and Realize the Need for Accounting
Have a basic understanding on Accounting
Understand accounting assumptions and how to record transactions
Understand the accounting lingo so as to be confident in presenting numbers to investors
Record simple transactions like equity and loan injection into the company
Basic study on all the accounting statements

* Requirements

* English
* Basic Math

Description

Have you ever had an Accounting Professor which just rambled and rambled, making Accounting sound like a different language ? Or have you ever tried going on to YouTube to take Accounting classes but just got lost within the sea of information ?

Trust me, I know how that feels. I too went through the same frustration during my Undergraduate and Graduate Studies listening to Professor talk and talk while I was confused within the 1st 10 minutes of class. To make things worse, I would then go home to revise the concepts thought in class from the text book, only to find the explanations there even more confusing :)

Fortunately, I graduated and I have been been working within the financial industry for almost 20 years (with a Big 4 and an Investment firm) and today after having both practical knowledge and theoretical knowledge. I decided to teach this subject, only this time I would teach Accounting in a simple to understand manner but with real practical examples :)


Among the benefit of taking this course is that:

You would be able to understand Accounting finally :) - The way I thought this course is for a very beginner to dip their toes into the world of Accounting. So I made sure that, the examples which I used are easy to follow so that you can easily grasp Accounting concepts. 

You will see how the business world uses Accounting- Today after practicing as both an accountant and an analyst, I decided to teach this subject for the point of view as a practitioner. This way you will know what how the business world uses Accounting for its operations.

E-Learning makes studying more convenient - So long as you have a device and internet you can learn this subject anywhere and at any time. 

Accounting jobs are always in demand - Post crisis, we still see many companies looking to for accountants. And as many say, as long as there is a businesses, there sure be an accountant to count its profits.

To date there are as many as 40,000 students taking this course and below are some reviews for this courses given on this course:

"This course helped me in acquiring new knowledge in accounting and making it easy to understand from the tutor about the financial statements and how to prepare the financial statements, that is the income statements, balance sheet and cash flow statements. I am just looking forward to put this acquired knowledge into practice."

"It was awesome to cover a huge topic in a short span of time...It was very useful to recollect my knowledge...And the way the topic was covered with simple examples was very useful to understand in a easy was...THANK YOU..."

"Super class and nice teaching of basic accounts and thanks for teaching"

So come join us on this learning adventure as we further explore the language of business.

Who this course is for:

  • Students
  • Start-ups Owners
  • Entreprenuers

Course content

8 sections • 51 lectures

Introduction to this Course Preview 02:50

Introduction of Myself Preview 01:08

What is Accounting Preview 02:53

What is Accounting

What the the main function of Accounting ?

Why bother taking Accounting Preview 03:35

Why bother with Accounting

Who will be interested in our Accounts Preview 03:35

Who will be interested in your books ?

Who will be interested in your accounting report ?

But Accounting can be dull Preview 01:59

How do we make learning fun ?

How to Make Accounting More Fun to Learn ?

The Different Structures a company may adpot Preview 00:31

Structure 1: Sole Proprietor Preview 02:21

Risk of a sole proprietor

What are the biggest risk of being a sole proprietor ?

Structure 2 : Partnership Preview 03:22

Structure 3 : Corporations Preview 04:44

Corporations

What is the main benefit of a corporation ?

Introduction of an Asset Preview 02:50

What is an Asset

Short Term vs Long Term Assets Preview 01:47

Short Term Assets

Analyzing Asset : What We Analyst Look for in A Company Preview 02:29

Bonus : Limitation of Accounting Preview 01:42

Liability : What is it ? Preview 01:42

Liability : Short Term vs Long Term Preview 02:57

Liability : Analysis Preview 02:25

Shareholder Equity : The Outline Preview 02:35

Shareholder Equity : The Building Blocks Preview 03:05

Shareholder Equity : Conclusion Preview 03:15

Intro to the Financial Statements Preview 06:17

Income Statement Preview 03:46

The Balance Sheet Preview 05:44

Bonus Section : Analysis of Income Statement Preview 05:08

Introduction of Accounting Principals Preview 03:39

Fundamental 1 : Entity Concept Preview 04:57

Fundamental 2 : Going Concern Preview 02:48

Fundamental 3 : Accrual Preview 03:45

Fundamental 4 : Money Measurement Preview 01:58

Fundamental 5 : Periodicity Preview 03:55

Fundamental 6 : Matching Preview 02:26

Fundamental 7 : Consistency Preview 02:53

Fundamental 8 : Materiality Preview 02:26

Fundamental 9 : Cost Concept Preview 02:14

Fundamental 10 : Conservatism Preview 03:40

Intro of Tying Up Everything Preview 01:08

Company's First Investors Preview 02:15

Company's First Loan Preview 03:09

Company's First Assets Preview 01:53

Company's Expenses Preview 03:36

Company's Revenues Preview 02:12

The End Preview 00:46

Thank You From Me Preview 01:21