Principles of Financial Accounting
$19.99
What you will be taught
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Identify the accounting ideas and the position of accounting in sustainable enterprise organizations
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Measure and report stability sheet and earnings assertion parts in organizations
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Be in a position to get an “A” in your school or University Introductory Financial Accounting course.
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Be nicely ready to take a extra superior accounting course.
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Be in a position to maintain accounting information for a service firm and a merchandise firm.
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Know the way to use excel in recording enterprise transactions.
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Complete two case research the place you retain the accounting information – one for a service firm and one for a merchandise firm. Using excel you report journal entries, summarize within the ledger, take a trial stability, do adjusting entries and current an earnings assertion and stability sheet for every firm.
This is an introductory monetary accounting course that covers all of the monetary accounting ideas supplied in an introductory monetary accounting course at college or school.
Financial accounting is the method of recording, summarizing and reporting an organization’s enterprise transactions via monetary statements. These statements are: the earnings assertion, the stability sheet, the money circulation assertion and the assertion of retained earnings.
Learn and Master the Financial Accounting Process.
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Understand that accounting is the language of enterprise.
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Know enterprise terminology (biz communicate).
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Understand the distinction between a company and a single proprietorship.
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Know the three varieties of enterprise – service firm, merchandise firm and a producer.
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Understand an Income Statement and the way to put together one.
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Understand a Balance Sheet and the way to put together one.
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Know the way to analyse and report enterprise transactions
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Learn the way to use debits and credit to report enterprise transactions.
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Know the way to use the accounting journal and ledger,
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Complete a set of accounting information for a service enterprise utilizing excel spreadsheets.
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Complete a set of accounting information for a merchandise firm utilizing excel spreadsheets.
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Understand LIFO and FIFO.
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Understand the way to use the accounting system for Internal Control.
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Understand the completely different strategies of depreciation.
This is one of the very best programs I’ve gone via. My finance data has elevated to massive extent. Sonalika Sood
Who this course is for:
- College and college enterprise college students
- Secondary faculty college students taking a bookkeeping or accounting course in highschool.
- Entrepreneurs who need a good understanding of fundamental accounting.
Daniel Ating –
Many of the worked examples do not reflect the information/resources for the lecture. Seems out of date. Files missing. Inventory section needs more elaboration and depth.
Nitish Gupta –
Awesome course ! Very detailed. Thanks Professor !
Dorota Kita –
real person should read the text.
Duc Nghiem Ba –
It’s been really helpful for me until now!
Nalini Ramdass –
goood
Tshegofatso Taunyane –
Good revision of nuanced foundational concepts
Alexis Camins –
Content is repeating. Would’ve been simpler to stick with videos supported by Udemy.
Lucindamiles –
Very interesting and well explained
Sharmaine D. Balmes –
Thank you, I have learned a lot about Financial Accounting. It’s not easy but it help me to have background or ideas about Accounting.
Desmond D’Costa –
Enjoyed the content and the instruction! Did not care much for the need to shell outside of the main course content (HP5 platform) but not a deal breaker, at least not for me.