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[Udemy] Accounting–Financial Accounting Total-Beginners to Advanced
What you’ll learn
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An Introduction to Accounting, The Double Entry Accounting System, & Recording Transactions utilizing Debits and Credit
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Analyze, use, and create from scratch monetary statements together with a steadiness sheet, earnings assertion, assertion of fairness, and assertion of money flows
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Use the ideas of the double entry accounting system
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Report monetary transactions utilizing the accounting equation
Requirements
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This course is a superb course for newbies in addition to superior learners. We begin from the fundamentals and transfer throughout monetary accounting matters in a scientific manner. We might be utilizing some Microsoft Excel worksheet, however we’ll begin off gradual as we study Excel as properly. In case you do not need Excel, chances are you’ll give you the chance to open the information utilizing Google Sheets, which is free. In case you do not need both of those choices, you possibly can transfer ahead with out this part of the course. Nonetheless, Excel worksheets are the place learners get to actually have interaction with the fabric and work by issues. Subsequently, we do counsel getting entry to Excel or Google Sheets in any respect attainable.
Description
This course is a superb complement for college students or anyone who needs to study accounting and now have one thing they’ll refer again to sooner or later. Udemy typically gives lifetime entry to the course.
Many accounting college students don’t obtain a bodily e-book, they get to hold from their college, and even when they did, the knowledge might turn into dated. College students who desire a helpful reference device they’ll hold, and one that may be extra simply up to date then a textbook, will profit from a useful resource resembling this.
Monetary accounting is a LARGE subject and isn’t one thing that may be carried out properly in 5, 10, or 20, hours of content material, as you may even see claimed elsewhere. We are going to cowl accounting concept as a result of concept and ideas are what accounting is. We’d like to study concept so we are able to make applicable changes in the true world. Studying procedures with out understanding the idea will make us rigid and unable to adapt to the ever-changing setting. We are going to study the idea whereas we apply them to procedures.
Monetary accounting is comparatively standardized in format. In different phrases, most accounting establishments will cowl a lot the identical matters, usually in a lot the identical order. We advise wanting up a normal accounting textbook, checking the index, and evaluating the matters to the programs you might be contemplating buying. We imagine this course will line up properly to anyone’s wants who need to study monetary accounting.
Beneath is an inventory of matters by part:
Part SEC 1 An Introduction to Accounting, The Double Entry Accounting System, & Recording Transactions utilizing Debits and Credit
Part SEC 2 – Recording Interval Finish Adjusting Entries
Part SEC 3 – Recording Closing Entries
Part SEC 4 – Merchandising Transactions – Transactions Involving Stock
Part SEC 5 – Stock Value Move Assumptions (FIFO, LIFO, Weighted Common Strategies)
Part SEC 6 – Subsidiary Ledgers & Particular Journals
Part SEC 7 – Financial institution Reconciliations & Money Inside Controls
Part SEC 8 – Accounts Receivable – Allowance Technique & Direct Write Off Strategies
Part SEC 9 – Depreciation Strategies & Property Plant & Gear
Part SEC 10 – Payroll Accounting
Part SEC 11 – Partnership Accounting
Part SEC 12 – Accounting for Companies
Part SEC 13 – Bonds Payable, Notes Payable, & Lengthy-Time period Liabilities
Part SEC 14 – Assertion of Money Flows
The course will begin off on the fundamentals and work throughout the monetary accounting matters typically coated in an undergraduate program.
Who this course is for:
- Aspiring accounting college students who’ve an curiosity within the subject
- Accounting professionals
- Anybody who whats to study accounting
- Accounting and enterprise college students who desire a reference supply to the fabric they’ll truly hold, in contrast to most digital textbooks utilized in most accounting applications today