Accounting Made Easy A Quick Guide To Financial Accounting

Tags: Financial Accounting

Accounting is not about Math, it is about concepts. And no one said it has to be hard. Learn the basics in just 2 hours!

Last updated 2022-01-10 | 4.4

- Understand bookkeeping records
- Build an Income Statement
- Build a Balance Sheet

What you'll learn

Understand bookkeeping records

Build an Income Statement

Build a Balance Sheet

Understand the accounting equation and the principle of double entry

Tell the diffrence between debits and credits

Analyze a company's performance based on the figures in its annual report

* Requirements

* No prior knowledge of accounting is assumed or needed
* There is nothing to buy or pay for - everything is included for free
* You'll need a notebook and a pen

Description

National Association of State Boards of Accountancy (NASBA)

NASBA CPE credits: 2.2

Recommended NASBA field of study: Accounting

Program level: Basic

To earn NASBA CPE credits:

Complete all videos
Score 70% or higher on final exam

Glossary: Find PDF attached to the first lecture of this course.

Completion to obtain CPE should be accomplished a year after purchase date.

If you undertake this course for NASBA CPE credits, please complete the Self Study Course Evaluation.

Udemy is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For additional information including refunds and complaints, please see Udemy Terms of Use. For more information regarding administrative policies, please contact our support.

Course content

4 sections • 22 lectures

Introduction to Accounting - Why Accounting Is Important? 6 lectures

What Does the Course Cover? Preview 00:46

What Is Accounting and Why Do We Need It? Preview 05:11

Earn a Free Gift! Preview 1 page

The Importance of Bookkeeping - Good Accounting Records Are Essential Preview 02:34

Financial Accounting - Who Needs Financial Reports? Preview 02:46

CPE Review Quiz: Section 1

Let's review what you've learned in Section 1.

The Three Main Statements in Financial Accounting 4 lectures

The Three Main Financial Statements: P&L, Balance Sheet and Cash Flow Preview 02:10

Building Blocks of an Income Statement Preview 06:01

Building Blocks of a Balance Sheet Preview 04:35

CPE Review Quiz: Section 2

Let's review what you've learned in Section 2.

Let's Build a Solid Foundation: Core Accounting Principles That You Should Learn 6 lectures

The Accounting Equation and How It Stays in Balance Preview 02:00

General & Subsidiary Ledgers - This Is How a Firm Organizes Its Accounts Preview 01:42

Making Sense of Debits and Credits! It Does Not Have To Be Hard Preview 04:24

Income Statement T-Accounts Preview 03:01

The Cornerstone Principle of Accounting - Double Entry Bookkeeping Preview 05:19

CPE Review Quiz: Section 3

Let's review what you've learned in Section 3.

A COMPLETE Case Study: Bookkeeping Records + Income Statement + Balance Sheet 6 lectures

Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (1/4) Preview 10:24

Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (2/4) Preview 07:39

Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (3/4) Preview 07:30

Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (4/4) Preview 08:14

CPE Review Quiz: Section 4

Let's review what you've learned in Section 4.

CPE Qualified Assessment

In order to receive CPE credit for this course, you must a) complete all course content, and b) pass this qualified assessment with 70% or greater.