Rating 3.88 out of 5 (4 ratings in Udemy)
What you'll learn- How debits and credits work, the difference between cash and accrual as well as what a calendar year and a fiscal year is
DescriptionAccounting can seem daunting, overwhelming, scary or just plain complicated, but it doesn't have to be that way. Mary has about 20 years experience in the accounting and finance world and tries to help break it down so it's not any of that. Although it can be extremely complicated, this …
Rating 3.88 out of 5 (4 ratings in Udemy)
What you'll learn- How debits and credits work, the difference between cash and accrual as well as what a calendar year and a fiscal year is
DescriptionAccounting can seem daunting, overwhelming, scary or just plain complicated, but it doesn't have to be that way. Mary has about 20 years experience in the accounting and finance world and tries to help break it down so it's not any of that. Although it can be extremely complicated, this introduction will help break down those walls so you can understand it better.
This course will not only go over some of the necessities in learning and understanding accounting, but will show you how they all coincide with each other; how one will affect the other and how that transpires on reports. The course is intended for anyone who wants to understand basic accounting, anyone who wants to go into the accounting field or anyone who wants to start their own bookkeeping business. I try to break it down as quickly as possible (in under one hour) so you have more time to spend with your family, to do your job, to decompress or to learn more online. Here's what we'll go over:
Cash versus Accrual
Calendar versus Fiscal year ends
Debits and Credits
Several debits and credits examples
Balance Sheet and Profit and Loss Statements
Walk through of entering Journal Entries and how it affects different reports
Brief Quiz to help solidify your understanding