Accounting for Beginners - Udemy
Last updated 9/2019
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.42 GB | Duration: 6h 51m

Let's get ready to do some Accounting and Bookkeeping!
What you'll learn
Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment.
Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment.
Recognise the function of accountancy and audit in communicating, reporting and assuring financial information and in effective financial control and compliance
Understanding the various statements within the Financial Statements
Preparing a bank reconciliation
Preparing a trial balance
Posting to the general ledger accounts
Preparing a set of financial statements
Preparing a set of consolidated financial statements
Choosing the right accounting package for you
How to manage working capital of a business
Ratio analysis and how to make use of various ratios to increase performance
Demonstrate the use of double-entry and accounting systems
Record transactions and events
And much more...
Requirements
An eager mind to learn the basics of accounting and bookkeeping
Description
This course is designed to develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements and assist students and learners to various accounting techniques that can be used in the every day world of finance as well as to introduce knowledge and understanding of the business and its environment and the influence this has on how organisations are structured and on the role of the accounting and other key business functions in contributing to the efficient, effective and ethical management and development of an organisation and its people and systems.This course is great for individuals that are starting up their own businesses in order for them to manage finances and understand the rules of accounting.
Overview
Section 1: Understanding what a business is and how it functions
Lecture 1 The business environment
Lecture 2 Business organsation, structure and strategy
Lecture 3 The role of accounting
Section 2: Introduction to accounting
Lecture 4 Choosing the right accounting software for you
Lecture 5 The difference between profit and cash
Lecture 6 What is a Balance Sheet (SoFP)?
Lecture 7 What is an Income Statement (SoCI)?
Lecture 8 Managing your working capital cycle and cash flow
Section 3: Ratio analysis
Lecture 9 Profitability ratios
Lecture 10 Solvency and liquidity ratios
Section 4: In depth explanations of Financial Accounting concepts
Lecture 11 The regulatory framework
Lecture 12 The qualitative characteristics of financial information
Lecture 13 Sources, records and books of prime entry
Lecture 14 Ledger accounts and double entry
Lecture 15 From trial balance to financial statements
Lecture 16 Sales tax
Lecture 17 Inventory
Lecture 18 Tangible non-current assets
Lecture 19 Intangible non-current assets
Lecture 20 Accruals and prepayments
Lecture 21 Irrecoverable debts and allowances
Lecture 22 Provisions and contingencies
Lecture 23 Control accounts
Lecture 24 Bank reconciliations
Lecture 25 Correction of errors
Lecture 26 Preparation of financial statements for sole traders
Lecture 27 Incomplete records
Lecture 28 Introduction to company accounting
Lecture 29 Preparation of financial statements for companies
Lecture 30 Events after reporting period
Lecture 31 Statement of Cash Flows
Section 5: Group Accounting
Lecture 32 Introduction to consolidated financial statements
Lecture 33 The consolidated statement of financial position (IFRS 10)
Lecture 34 The consolidated statement of profit or loss and other comprehensive income
People wanting to learn and understand accounting.
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