• Post category:StudyBullet-15
  • Reading time:5 mins read


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.


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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!

English
language

Content

Fundamentals

Introduction
Why Does Accounting Exist???
Conceptual Building Blocks: Part 1
Conceptual Building Blocks: Part 2
Accounting Equation
Debits and Credits
Financial Statements
Chart of Accounts

Apple’s Financial Statements

Introduction to Apple’s Financial Statements
Apple’s Income Statement
Apple’s Balance Sheet

Accounting Cycle

Introduction to Accounting Cycle
Accounting Cycle 1: Journals
Accounting Cycle 2: General Ledgers
Accounting Cycle 3: Trial Balance
Accounting Cycle 4: Financial Statements

Context

Perspective
Prudence
Fundamental Characteristics
IFRS vs GAAP
4 Broad Areas
Automation

Financial Goals

Financial Goals using Financial Ratios
Outro