What you'll 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
Requirements
No prior accounting knowledge is required, every accounting concept is explained from scratch. You don't even have to know what debits and credits are :-)
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 BlocksAccounting EquationDebits and CreditsFinancial StatementsChart of AccountsBeginner Financial Statement AnalysisThe Accounting CycleCredit/DebtPrudenceFundamental Characteristics of Financial InformationIFRS vs GAAPThe 4 Big Areas of MoneyAutomationFinancial Goals using Financial RatiosEnroll today to level-up your financial knowledge!
Who this course is for
High-School students looking to supplement their accounting knowledge
Passionate Entrepreneurs who have recently started or are getting ready to start their first business.
Money-Conscious individuals looking for a deeper understanding on how the accounting system works
Knowledge-hungry enthusiasts who would love to learn about accounting and build their knowledge from scratch
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