What you'll learn:
- The ability to understand and interpret financial statements
- Balance Sheets, Income Statements, Cash Flow Statements and Statements of Owners' Equity
- The fundamentals of Accural Accounting
- Key accounting concepts such as Depreciation, the Fundamental Accounting Equation, Revenue Recognition, Assets, Liabilities, and much more.
- Terminology like SG&A, Amortization, Unearned Revenue, Current and Non- Current Liabilities, Fixed Assets, and much more.
The Basics of Business Accounting starts at the very beginning introducing the student to essential accounting principles and concepts that apply to any business or industry. Through thiscourse, the student will learn to interpret the key sections of the Four Main Financial Statements:
Balance Sheet
Income Statement
Cash Flow Statement
Statement of Owners' Equity
Students will learn to apply the Fundamental Accounting Equation, andother vital accounting concepts such as depreciation, revenue recognition, accrual accounting, cash flow,and many others.
The Basics of Business Accounting will add the crucially important skills of understanding,interpreting and building financial statements to your existing business and management skill base.
Read what students have said about "The Basics of Business Accounting":
"Ray has done a great job by teaching a robust approach to accounting that has ranged from its history to practical development and application." - Dion B.
"Using simple real life example to teach accounting to a non-accounting audience" - Anish J.
"This class was very good. Love the balance sheet and income statement. Thank you so much for your time." - Leavon R.
"It's a good review of accounting basics. A good refresher from my accounting class from years ago." - Kris S.
"For someone who has very little experience, the material is presented in a way that is very easy to understand." - Laura H.
"I really enjoyed this class. Ray makes understanding concepts which I typically struggle with seem easy. I would highly recommend taking this class if you want to learn the basics of accounting." - Deanna G.
