Accounting & Bookkeeping Basics in 90 Mins - A Quick Intro

An easy, beginner-friendly accounting & bookkeeping foundation course filled with practical examples.

Are you tired of seeing Accounting basics courses filled with endless boring theory and no real-life examples? Look no further! We get straight to the point and get you up to speed with the fundamentals of accounting & bookkeeping in this 90 minute course - even if you've never studied accounting before. We follow practical examples every step of the way to make a dry topic engaging and fun!

Here is what you get when enrol in this course:

• 90 Mins of expert instructor led video explaining all the basic accounting principles using real life practical examples of a Pet Accessory shop

• Bite-sized and easy-to-digest videos with "no fluff”

• Quizzes at the completion of all chapters to test your knowledge

• Practical Exercises with worked solutions covering all major topics

• Expert CPA tips to become an accounting wizard

• Sample financial reports you can download and refer to at any time

• No more wasted time on lengthy, boring tutorials

We Will Cover:

• Learn to Read Important Financial Reports (Profit & Loss & Balance Sheet)

• The Accounting Equation

• Double Entry System - there are two sides to every story

• Debits & Credits - the simplest explanation ever!

• T-Accounts and why they are so important

• Why Profit does Not always equal Cash

• and a lot more!

Why This Course?

There are several Financial Accounting courses on Udemy. So, what makes this course different?

• Taught by a CA / CPA and highly rated instructor - Shweta Nandlal

• Shweta has 10 years of experience as a professional accountant and bookkeeper

• She has worked in some of the top tax firms in the world and has her own bookkeeping practice.

• No fluff or unnecessary repetition - don't waste your time on long courses that go on and on about accounting theory but dont explain how you could apply the theory in real-life

• Clear, concise, and practical training

• Fun and engaging - Follow along with our practical examples throughout this course

This "bite sized" course is perfect for:

• A business owner looking to get a basic understanding of accounting

• A student starting a degree in accounting or bookkeeping

• A manager looking to understand accounting terminology so you can communicate with your accountant better

• Anyone looking to quickly get a working knowledge on the topic

No Prior Knowledge Needed.

You don't need familiarity with bookkeeping or accounting to take this course. You'll learn everything from scratch, step-by-step. This course will also provide example worksheets so you can follow along and put your learning into practice.

• Introduction - What does this course cover?
• Why Is Accounting So Important?
• Let's Start a Business! - Introduction to the Course Example
• Profit & Loss Statement - How much has my business made?
• Cash & Accrual Accounting
• Balance Sheet & The Accounting Equation "Own = Owe"
• Double Entry System - The Two Sides to Every Transaction
• Quick Recap & Introduction to T-accounts
• Debits and Credits Rules 1 & 2 - Simplest Explanation Ever!
• Calculating the Balance of T-Accounts
• Rule 3 - Normal Debit & Normal Credit accounts (With a Special Trick)
• Debits & Credits Examples - Making Sales in Cash & Accrual
• Debits & Credits Examples - Lending & Borrowing Money
• Debits & Credits Examples - Buying Stock with Cash & Accrual
• Practical Exercise 2 - Debits & Credits, Balance Sheet, Profit & Loss
• Congratulations! Course Completion