This course is for aspiring accountants or non-CPA finance professionals who want to improve their understanding of how accounting works. This course packs the best of what you need to know to understand core accounting concepts and perform common accounting transactions in one hour.
Along the way, I show you tips and techniques to make sure you stay on track and your books balance. I teach you how to prepare financial statements using a simple conceptual model that can apply to any organization small or large.
Course Series
This course is included in the following series:
3 CoursesFundamental Skills for Finance Professionals
- Accounting 101: How To Do Basic Accounting In One Hour
- Learn Finance Principles in 1 Hour
- Financial Modeling Using Excel
10 CoursesFinance for Entrepreneurs
- Start-up Equity and Cap Table Basics
- Understanding Performance-Based Equity Awards
- Accounting 101: How To Do Basic Accounting In One Hour
- Learn Finance Principles in 1 Hour
- Financial Modeling Using Excel
- The Evolution of a Great Spreadsheet Report - How to Effectively Present Numbers in the Business World
- Creating a Winning Pitch for Venture Capital Investors
- Venture Capital Valuation Analysis Method
- Enterprise Risk Management 101
- The IPO Preparation Process - Preparing a Company to Access the Public Markets
5 CoursesFinance for Non-Finance Professionals
- Accounting 101: How To Do Basic Accounting In One Hour
- Accounting Review: The Basics of Debits and Credits
- Accounting Review: Overview of Financial Statements; P&L, Balance Sheet, and Cash Flow
- Learn Finance Principles in 1 Hour
- Enterprise Risk Management 101
Learning Objectives
- Describe and recognize the accounting underlying financial statements.
- Analyze business transactions to determine which are reportable, and of those, which are on account of income and which are on account of capital.
- Prepare journal entries for common business transactions.
- Post entries to create a general ledger and a trial balance using a spreadsheet.
- Prepare the income statement, the statement of changes in equity, and the balance sheet.
Last updated/reviewed: March 6, 2024
355 Reviews (1124 ratings)
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Course Questions and Answers(2 Questions)
Blair CookDirector of Clarke Inc
Excellent course developed and the way presented by Mr. Blair Cook. I have never leant accounting in such a nice way.
The instructor makes it easy to understand the basic accounting structure. This was very informative and clear to know. I look forward in grasping much more in the account field... Thank You