3.8 out of 5
3.8
12 reviews on Udemy

Practical Accounting – Beginners, Founders & Business Owners

Understand how transactions are recorded, financial statements generated and how accounting policies Impact results !
Instructor:
Manish Gupta
2,690 students enrolled
English [Auto]
Fundamentals of Accounting
First Hand understanding to Financial Statements
Accounting Policies and their affect on accounting methods
Meaning & Basic understanding of All financial statements

All Startup founders and business owners, executives must get a basic understanding of finance and accounting to enable themselves to be able to read financial statements, analyze results and the impact of their business decisions.

This course was recorded during a live class with startup founders who do not have any formal background in accounting and finance. Course contents, speed, and explanations are designed keeping in mind those users, hence other users may find it slow and sometimes repetitive. I repeated a few things just to make my audience understand and absorb concepts.

This Class is the first day of five-day series topics discussion in the course includes

Understanding the fundamentals of Accounting & financial statements and how to draw them.

1. Fundamentals of accounting practices.

2. Types of Accounts and Financial Statements

3. Accounting Entries

4. Relationship between Profit & Loss / Balance Sheet and Cash Flow

5. Key Accounting Policies

a. Inventory

b. Fixed Assets

c. Capital vs operating expenses.

d. Revenue Recognition

e. Expenses Accounting

6. Accounting Control Practices

a. Receivable from customers

b. Advance / pre payments

c. Accruals and Provisions

d. Fixed Assets

e. Supplier Payments

7. Working Capital

8. Analysis Steps and Methods

Please let me know if you feel any topic is missed.

Understand Fundamentals of Accounting

1
What is Financial Accounting
2
Double Entry & Accounting Rules
3
Accounting Process and Introduction to Financial Statements
4
What is Accounting Equation and How Financial Statements are Linked
5
Summary and Classify the accounts
6
Internal transactions - Depreciation and Accruals
7
Sample Transactions in Accounting - Excercise done together

Accounting Policies and Their Impact on Accounting Profit

1
Key Accounting Policies
2
Depreciation Policies
3
Controlling Aspects of Fixed Assets of Business
4
Inventory Accounting & Controls
5
Revenue Accounting Policy and Segmentation
6
Expenses Accounting and Working Capital Concepts

BONUS SECTION

1
BONUS LECTURE
You can view and review the lecture materials indefinitely, like an on-demand channel.
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
3.8
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Includes

2 hours on-demand video
1 article
Full lifetime access
Access on mobile and TV
Certificate of Completion

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