Financial Accounting: Introductory Course For Accountants

Learn Basic Accounting from Recording, Classifying, Summarizing & Interpretation of Business Transactions

What you'll learn

Prepare books of original entry and basic ledger accounts under the double entry system

Prepare basic financial statements of sole traders, partnerships, companies, manufacturing entities and not for profit organizations

Comply with the regulatory framework in the accounting field

Analyze financial statements by use of ratios

Demonstrate basic understanding of public sector accounting framework

Requirements

Desire to learn financial accounting

Passion to empower yourself with knowledge

Commitment to learning

No accounting experience needed. You will learn everything you need to know

Description

Financial Accounting is one of the most important facets in any business or organization. When done well, it helps to determine the direction in which the organization is headed. Each lesson is around 20-40 minutes and you can learn at your own pace. If you find traditional financial accounting textbooks and classes boring and confusing , then this course is perfect for you because I explain everything in plain simple language that is easy to understand and fun to learn. In fact, many students have told me that this is a great course and easy to understand.This course is intended to introduce the learners to the overall purpose of accounting, applicable regulations, the accounting treatment and presentation of basic transactions and preparation and analysis of financial statements. It will have the following chapters:Introduction to Accounting (38 Mins, 1 Lecture)Accounting Process and Systems (58 Mins, 2 Lectures)Regulation and Principles Guiding Accounting Profession (49 Mins, 2 Lectures)Preparation of Financial Statements (100 Mins, 3 Lectures)Financial Statements of a Sole Proprietorships (8 Mins, 1 Lecture)Financial Statements for Not for Profit Organizations (17 Mins, 1 Lecture)Manufacturing Accounts (29 Mins, 1 Lecture)Partnership Accounts (36 Mins, 1 Lecture)Company Accounts (35 Mins, 1 Lecture)Financial Statements Analysis (30 Mins, 1 Lecture)Public Sector Accounting (22 Mins, 1 Lecture)Why this course? Taught by a Certified Public Accountant - Kelvin MuchemiHe has over 6 years of experience in accounting and bookkeepingHe has worked in various accounting positions for firms in service, retail, manufacturing and accounting firmsThe course provides a whole introduction of Financial Accounting to Accountants and Business Owners

Overview

Section 1: Introduction

Lecture 1 Introduction to Financial Accounting

Lecture 2 Accounting Processes & Systems Part 1

Lecture 3 Accounting Processes & Systems Part 2

Lecture 4 Regulations & Principles of Accounting Part 1

Lecture 5 Regulations & Principles of Accounting Part 2

Lecture 6 Preparation of Financial Statements Part 1

Lecture 7 Preparation of Financial Statements Part 2

Lecture 8 Preparation of Financial Statements Part 3

Lecture 9 Financial Statements for Sole Proprietorships

Lecture 10 Financial Statements for Not for Profit Organizations

Lecture 11 Manufacturing Accounts

Lecture 12 Partnership Accounts

Lecture 13 Company Accounts

Lecture 14 Financial Statements Analysis

Lecture 15 Public Sector Accounting

Entrepreneurs and Small Business Owners,Financial Accounting students,Accountants Refreshing their Knowledge