Unless you understand, you will never be able to apply! You have to know the HOW and WHY of Accounting and Bookkeeping!
Let me ask you a question! Do you struggle to understand and use the various Accounting and Bookkeeping principles and concepts? Do you find difficult to understand how debits and credits work, and how to use them correctly? Perhaps you struggle to understand and use, other parts of the Accounting and Bookkeeping system, like adjusting of entries, prepayments and accruals, posting of transactions, general Ledger, the cash book, bank reconciliation, or some other parts of the Accounting and Bookkeeping? You are not alone!
The thing is, if you continue to study Accounting or Bookkeeping, or if you try to use in practical way your Accounting or Bookkeeping knowledge, but you still struggle to understand how they work, or how to use them in practice correctly, you will not progress very much, and will continue to find that difficult and struggle in the future! Perhaps it will become more difficult for you to understand them while you try to find more and more explanations of how they work, and how to use them.
But there is a solution for all that Accounting and Bookkeeping dilemma in your life, and Ibelieve you have come on this page, for that solution. There are plenty of videos, books and information out there, on the Internet, and Youtube, about Accounting and Bookkeeping, but not every one of them, will help you understand how Accounting and Bookkeeping work, and yet of course, there are some, which are very good, and will help you understand, Accounting and Bookkeeping.
There are many people who have used some study materials about Accounting and Bookkeeping, which they found to be helpful for them, to progress in their studying and understanding of Accounting and Bookkeeping. You have to find those materials, which will help you understand! Ibelieve that, this course here, will help you to do that! That is one of the reasons, why I have presented it here!
Why should you take this course? Because, at the end of the course, if you decide to take it, it will help you if you are:
Business person to know and understand, why and how things happen financially, in the various parts of your business.
Qualified Accountant or Bookkeeper to brush up your Accounting and Bookkeeping skills!
Student studying for an Accounting or Bookkeeping qualification, to be able to pass your exams at College or University.
This course will show you and help you to understand, HOW the Accounting and Bookkeeping basics and principles work, so that you will know, and be able to use them in practice. Unless you know, and understand, HOW the Accounting and Bookkeeping basics and principles work, you will not be able to apply them in practice.
Although, there are no examples of how to use Accounting and Bookkeeping in this course, because this course is about explaining the basics, what matters is that you understand. Once you understand what you are studying, it will be easier to remember for the long term. It is difficult to remember something, if you do not understand it. Once you understand the basics principles of Accounting and Bookkeeping, you will be able to apply them, in practice! Accounting and Bookkeeping is about understanding a system, and how that system works. This course will help you do that!
If you do understand, the rest is just easy to apply.
IN THIS COURSE YOU WILL LEARN HOW TO:
use source documents.
record transactions.
in the day books, and the journal.
use debits and credits.
use the petty cash book.
use the cash book.
use the chart of accounts.
use the general ledger
and the sales and purchase ledger.
prepare a trial balance and correct errors.
adjust entries for accruals and prepayments.
prepare adjusted trial balance.
use the trading account
prepare a profit and loss account.
prepare balance sheet.
use control accounts.
and more......
You will find quizzes, after each of the lectures, to help you find out, how your understanding of the course is progressing, and to check, if you need to review, some of the lectures. You can take only one of the quizzes after studying some of the lectures, or, you can try all of the quizzes, after each lecture.
