Introduction to Business Accounting

Ratings 4.18 / 5.00

What You Will Learn!

Learn about the professional bookkeeper’s career responsibilities
Define role of accounting in a business
Understand the accounting equation
Analyze transactions
Post accounting entries
Adjust accounting entries
Prepare vertical analysis
Prepare a worksheet
Completely understand the accounting cycle

Description

The Introduction to Business Accounting is a fundamental course for new entrepreneurs and business owners to understand the accounting basics and financial statements. The course covers the four basic financial statements, Income Statement, Balance Sheet, Statement of Retained Earnings, and Statement of Cash Flows. These four elements are a key to evaluate any company’s growth and financial standings. In addition, this course provides the candidates with the basic tools to project profitability and break down the costs to help analyze any company’s actual worth.

Understanding the basics of accounting is essential for the prospective business owners. The Introduction to Business Accounting course helps the candidates to achieve the basic knowledge and understanding of fundamental accounting principles. The course is designed for beginner-level candidates with little to no knowledge of accounting.