Brief Summary
This course is your go-to for understanding the basics of Financial Accounting. You'll dive into the accounting cycle, inventory management, and financial statements, all while practicing with a handy workbook. Perfect for beginners who want a solid foundation!
Key Points
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Understanding the accounting cycle: transaction analysis, adjustments, closing
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Buying and selling inventory
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Costing inventory and managing internal controls
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Working with fixed assets and depreciation
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Learning about financial statements: Income statement, Balance Sheet, etc.
Learning Outcomes
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Get comfy with the accounting cycle and its steps.
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Master how to buy and sell inventory like a pro.
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Understand how to handle fixed assets and their depreciation.
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Learn to prepare essential financial statements.
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Boost your confidence in handling real accounting problems.
About This Course
Learn the basics of Accounting including: the accounting cycle, inventory, depreciation, receivables, and more!
This course covers the basics of Financial Accounting:
The accounting cycle (transaction analysis, adjustments, closing)
Buying and selling inventory
Costing inventory
Internal controls and cash
Receivables
Fixed assets and depreciation
Financial statements: Income statement, Statement of retained earnings, Balance Sheet, and Statement of cash flows
The method of instruction is a combination of lecture and exercises we work through together. Also included in the course is a workbook that has problems to work through (answers in the back) as a way to practice practice practice!
Take this course now and learn financial accounting basics.
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