Learn the Basic Fundamentals of Accounting in 60 minutes

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Learn the Basic Fundamentals of Accounting in 60 minutes, An Introductory Course

Created by Aasim Ansari

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What Will I Learn?

Understand the primary purpose of Accounting
Appreciate who users of Accounting information are
Understand the basic accounting equation
Know the difference between Assets, Liabilities, Equity, Income and Expenses
Know the concept of T-accounts and General Ledger accounts
Understand the Double Entry System
See how to prepare a balance sheet and income statement from a Trial Balance
Understand the constant challenge between profitability and cash flow
Be able to conduct basic accounting ratios

Requirements

No prior knowledge of Accounting is required.
This is an introductory course

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