Basics of Accounting

Course Description

Unlock the fundamentals of accounting with our “Basics of Accounting” course. This comprehensive program is designed for individuals seeking a solid foundation in accounting principles, whether you’re a business professional, student, or anyone interested in understanding the language of finance. No prior accounting knowledge is required, making this course accessible to beginners.

Requirements

No specific prerequisites are needed. This course is open to anyone eager to grasp the essentials of accounting.

What You’ll Learn

1. Module 1: Introduction to Accounting
   • Sub-module 1: Overview of Accounting Principles
   • Sub-module 2: Importance of Accounting in Business
2. Module 2: Understanding Financial Statements
   • Sub-module 1: Income Statements and Profit/Loss
   • Sub-module 2: Balance Sheets and Assets/Liabilities
3. Module 3: Recording Financial Transactions
   • Sub-module 1: Double-Entry Accounting
   • Sub-module 2: Journal Entries and Ledger Accounts
4. Module 4: The Accounting Cycle
   • Sub-module 1: Steps in the Accounting Cycle
   • Sub-module 2: Adjusting Entries and Closing Entries
5. Module 5: Cash Flow Management
   • Sub-module 1: Importance of Cash Flow
   • Sub-module 2: Cash Flow Statements
6. Module 6: Budgeting and Forecasting
   • Sub-module 1: Creating Budgets
   • Sub-module 2: Financial Forecasting Techniques
7. Module 7: Analysis and Interpretation of Financial Statements
   • Sub-module 1: Financial Ratios
   • Sub-module 2: Interpreting Financial Performance
8. Module 8: Introduction to Taxation
   • Sub-module 1: Basics of Business Taxation
   • Sub-module 2: Personal Income Tax Overview

Who This Course Is For

• Business Professionals: Enhance your financial acumen to make informed business decisions.
• Students: Complement your academic studies with practical accounting knowledge.
• Entrepreneurs: Learn to manage your company’s financial health effectively.
• Anyone Interested in Finance: Gain a valuable skill set for personal and professional development.

Embark on your journey into the world of accounting and empower yourself with the knowledge to navigate financial landscapes confidently. Enroll in the “Basics of Accounting” course today!