Practical Accounting - Beginners, Founders & Business Owners

- Description
- Curriculum
- FAQ
- Reviews
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.
-
1What is Financial AccountingVideo lesson
-
2Double Entry & Accounting RulesVideo lesson
-
3Accounting Process and Introduction to Financial StatementsVideo lesson
-
4What is Accounting Equation and How Financial Statements are LinkedVideo lesson
-
5Summary and Classify the accountsVideo lesson
-
6Internal transactions - Depreciation and AccrualsVideo lesson
-
7Sample Transactions in Accounting - Excercise done togetherVideo lesson
-
8Key Accounting PoliciesVideo lesson
-
9Depreciation PoliciesVideo lesson
-
10Controlling Aspects of Fixed Assets of BusinessVideo lesson
-
11Inventory Accounting & ControlsVideo lesson
-
12Revenue Accounting Policy and SegmentationVideo lesson
-
13Expenses Accounting and Working Capital ConceptsVideo lesson

External Links May Contain Affiliate Links read more