Basic Accounting and Bookkeeping for Beginners and Startups

Simple Accounting for Better life

Ratings 4.30 / 5.00

Basic Accounting and Bookkeeping for Beginners and Startups

What You Will Learn!

Define accounting simply and understand the elements of accounting with certainty.
Record transactions in Accounting Equation and ledger accounts and to Balance ledger accounts.
Prepare Trail balance and develop an income statement and statement of financial position.
Develop alternative and simple formats of an income statement and statement of financial positions to analyze periodical income and financial position based on customized needs.
To make better financial decisions to improve income and financial position.

Description

This course is designed to give an insight in to Basic Accounting Concepts from scratch so by the end of it user will be able make his/her own set of accounts to determine his/her periodical income and financial position and to make better financial decisions in life and /or Business.

Course will start with the development of simple definition of Accounting followed by the simple explanation of process of Accounting. Most valuable feature of this course is that it will help user to understand elements of accounting through simple explanations and examples which will help user to identify elements of accounting with utmost certainty.

Course is centered around ten simple financial transactions and instructor will teach how to record them in Accounting Equation and Ledger accounts step by step using double entry book keeping method and developed accounting basic magic table then based on those balances instructor will guide to prepare Trial balance and Income statement and Statement of financial position.

After preparing accounting statements instructor will guide user on how to improve financial position based on profit maximization and loss minimization process which make the course a real-life experience and a practical course.

So if you are an individual seeking to improve you financial position or if you are in the process of starting a business or if you already have a small business seeking to grow your business to new levels instructor invite you to enroll and learn how to make better financial in life and business through basic accounting statements.