Basics of Accounting: Learn Accounting from Scratch

Master Accounting Fundamentals – From Basics to Financial Statements

What you'll learn
- Understand the Basics of Accounting
- Understand Journal, Ledger, Trial Balance, Cash Book, and Preparation of Financial Statements
- Bank Reconciliation Statement, Accounting from Incomplete Records
- Accounting for Partnership Firms with Different Scenarios
- Depreciation and Amortization, Inventories, Bank Reconciliation Statement

Requirements
- No previous experience required, will go through the topics to gain understanding to build on

Description
Description:Accounting is thelanguage of business— and mastering it opens doors to countless opportunities in finance, management, and entrepreneurship. This course is designed to take you from the very basics of accounting to more advanced concepts, with a focus on boththeory and practical application.

Starting withfundamental principles, you’ll gradually move into real-world topics likedepreciation, amortization, inventory valuation, incomplete records, and partnership accounting. Each section is explained insimple, easy-to-understand languagewith examples that connect accounting concepts to everyday business situations.

By the end of this course, you will:

Understand thebasic principles of accountingand the double-entry systemLearn how to recordjournal entries, ledgers, and trial balancesPrepare and analyzefinancial statements(Income Statement, Balance Sheet, and Cash Flow Statement)Master concepts ofdepreciation and amortizationwith practical methods (straight-line, reducing balance, etc.)Gain knowledge ofinventory accountingand valuation techniques (FIFO, LIFO, Weighted Average)Handleincomplete records accountingand reconstruct missing accountsLearnaccounting for partnership firmsincluding:

Admission of a new partner

Retirement of a partner

Death of a partner

Dissolution of partnership firmsApply accounting skills inreal-life business scenarios

This course is perfect for:

Studentswho are new to accounting or preparing for exams

Business owners & entrepreneurswho want to manage their finances better

Finance professionalslooking to refresh their basics

Anyone curious to understand how businesses track and report their financial performance

No prior accounting knowledge is required.

All you need is curiosity, commitment, and a willingness to learn — this course will take care of the rest.

This course contains the use of artificial intelligence.

By the end, you’ll not only understand thebasics of accountingbut also gain confidence to progress into advanced accounting, auditing, and finance.

Who this course is for:
- Beginner in Accounting, CA Foundation Students, Commerce Students
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