Introductory Masterclass on the Principles of Accounting
What you will learn
Learn and understand the definitions of Assets, Liabilities, Equity, Income and Expenses
Learn and understand Debits and Credits
Learn and understand the Accounting Equation
Read and Create financial statements at a beginner level
Understand the purpose and function of a Chart of Accounts
Learn and understand an Income Statement
Learn and understand a Balance Sheet
In-depth walkthrough of the Accounting Cycle
Understand the context and theory of accounting by learning concepts such as Credit, Prudence, IFRS vs GAAP, Automation and more!
Learn how to use Financial Ratios to Define Financial Success
Description
This course will help you understand accounting from scratch. You don’t need ANY accounting knowledge to take this course!
We offer a fresh, principles-based approach for learning accounting that will have a LASTING IMPACT on the way you look at the financial world. What used to take weeks, or even months to learn can now be done in less than 3 hours! By using evidence-based learning principles including spaced repetition and the mere-exposure effect, our course will help you learn accounting as quickly as possible.
We’ve taken accounting back to its 1st principles to create an online course which is effective, yet effortless. This is accomplished using a visual thought process to create a learning experience like no other.
Everything has been explained and animated using child-like simplicity with strategically placed colors and pictures to make accounting as accessible as possible.
What will you learn in this course?
- Why Does Accounting Exist???
- Conceptual Building Blocks
- Accounting Equation
- Debits and Credits
- Financial Statements
- Chart of Accounts
- Beginner Financial Statement Analysis
- The Accounting Cycle
- Credit/Debt
- Prudence
- Fundamental Characteristics of Financial Information
- IFRS vs GAAP
- The 4 Big Areas of Money
- Automation
- Financial Goals using Financial Ratios
Enroll today to level-up your financial knowledge!
Content