Principles Of Accounting - Beginning To Advance Level

Learning from basic accounting entries to preparation of financials statements

What you'll learn
You shall learn basic principles of accounting like debit and credit
You shall learn how to post accounting entries in very detail practical classes
You shall learn how to prepare balance sheet and profit & loss account of company
You shall be trained about how to analyze financials statements, after taking this course you shall be a good financial analyst
Requirements
This course is for accounting students and professionals from accounts and finance departments
Description
Dear Students/ProfessionalsGreetingsIn this course you shall learn basic accounting rules about debit and credit, I shall briefly explain about when to give debit or credit effect to certain amounts.I assure you if you learn these rules then you can pas accounting entries very confidently, this course is going to provide you great help in passing accounting examination of any level.After teaching accounting rules, I shall be explaining how to prepare ledgers and trial balance of any company. Its of vital importance to understand concepts relating to trial balance as student and professional.In this course you shall learn how to track inventories, what is LIFO,FIFO and AVERAGE METHOD for inventory management.In this course you shall learn about short term and long term investment, you shall learn how to bifurcate short term liabilities from long term liabilities, what are current assets and non-current assets.Preparation of bank reconciliation is of vital importance, I shall fully explain about how to prepare itIn this way step by step This course is going to explain how to prepare profit and loss account, balance sheet, cash flow statements as per IFRS (International financial reporting standards)Beside this I am going to help you about how to analyze financials statements using accounting ratios.To give you practical experience I shall be discussing financial statements of different companies.

Overview

Section 1: Introduction to Accounting and Practical Posting of Accounting Entries

Lecture 1 Introduction to course

Lecture 2 Explanation of rules of accounting like debit and credit etc

Lecture 3 Practical explanation of accounting entries

Lecture 4 Further explanation of accounting entries

Lecture 5 Further explanation of accounting entries

Lecture 6 Further explanation of accounting entries

This course is for beginners from accounting field but Its also very helpful for senior professionals whose accounting concepts are weak as this course is going to give you solid accounting basis