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Basics Of Accounting

This course is designed for those interested to learn the basics of accounting, terms and concepts, and for those interested to create a foundation for further learning in this subject. Read more.

5.0( 7 REVIEWS )
881 STUDENTS
1h 38m
Course Skill Level
Beginner
Time Estimate
1h 38m

Dr. Knight's journey into the world of accounting ignited with a Bachelor’s degree in Accounting from LSU and a Master’s in Accountancy from the University of North Texas. He launched his career with Deloitte and Touche, LLP, one of the Big Four accounting giants, where he not only sharpened his expertise but also earned his CPA credentials. With over 15 years of hands-on experience spanning tax, financial reporting, analysis, and business management, Dr. Knight has become a powerhouse in

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About This Course

Do you feel left out when business discussions involve financial reports? Does accounting seem daunting? Does the accounting cycle seem strange and confusing to you?

Anyone involved in business will eventually need to use the information provided by financial statements. The balance sheet and income statement are used by those considering investing, banks, lenders, managers and many others. Managers in a business that understand accounting have an edge over those that do not. Business owners, small or large, need to speak the accounting language when they go to banks or try to attract investors.

You may think gaining an understanding of the financial reports and the accounting cycle that we use to make the reports will take you a month. You may find courses that take weeks and weeks of long, drawn-out discussions of accounting. But to gain a foundation of understanding you don’t need a mega course. You can learn the basics in a few hours.

Accounting Basics was designed for busy individuals who need to understand accounting but don’t have big chunks of time available in their daily schedule. Each lecture is concise and to the point. Most lectures are ten minutes or less. The course follows a group of small business owners and explains how accounting will work for a business such as theirs.

These small business cases we follow include a small service business, a food service business, a manufacturer, and a small retailer. Although the accounting we learn can apply to any business, these four examples cover a broad scope of typical business that are found in the real world!

The lessons begin by explaining how accounting approaches business activity so that when we start doing the accounting it makes sense. Instead of just memorizing how to do accounting you will understand why it is done that way. That means when you are in a discussion with other business professionals you will have the tools to discuss accounting in a dynamic world.

Imagine going from complete beginner to making a financial statement in a few hours of lessons!

Don’t let accounting be your weakness in business any longer. Take some time to work through this program today!

Who this course is for:

  • Beginning accounting student, or small business owner that needs overall basic accounting.

What you’ll learn: 

  • Learn the basics of accounting. This course provides a foundational understanding that is crucial in developing a better understanding of accounting.

Requirements: 

  • No prior knowledge is required to take this course

Our Promise to You

By the end of this course, you will have learned basic accounting.

 10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the fundamentals of accounting.

Course Curriculum

Section 1 - Introduction
Introduction 00:00:00
Downloadable Course Resources 00:00:00
The Transaction 00:00:00
Financial Statements 00:00:00
Section 2 - Basic Building Blocks
Balance Sheet 00:00:00
Assets 00:00:00
Liabilities 00:00:00
Equity 00:00:00
Income Statement 00:00:00
Accrual Basis 00:00:00
Section 3 - The Accounting Cycle
Debits And Credits 00:00:00
Accounts 00:00:00
Journalizing 00:00:00
Posting 00:00:00
The Trial Balance 00:00:00
Making The Financial Statements 00:00:00

About This Course

Do you feel left out when business discussions involve financial reports? Does accounting seem daunting? Does the accounting cycle seem strange and confusing to you?

Anyone involved in business will eventually need to use the information provided by financial statements. The balance sheet and income statement are used by those considering investing, banks, lenders, managers and many others. Managers in a business that understand accounting have an edge over those that do not. Business owners, small or large, need to speak the accounting language when they go to banks or try to attract investors.

You may think gaining an understanding of the financial reports and the accounting cycle that we use to make the reports will take you a month. You may find courses that take weeks and weeks of long, drawn-out discussions of accounting. But to gain a foundation of understanding you don’t need a mega course. You can learn the basics in a few hours.

Accounting Basics was designed for busy individuals who need to understand accounting but don’t have big chunks of time available in their daily schedule. Each lecture is concise and to the point. Most lectures are ten minutes or less. The course follows a group of small business owners and explains how accounting will work for a business such as theirs.

These small business cases we follow include a small service business, a food service business, a manufacturer, and a small retailer. Although the accounting we learn can apply to any business, these four examples cover a broad scope of typical business that are found in the real world!

The lessons begin by explaining how accounting approaches business activity so that when we start doing the accounting it makes sense. Instead of just memorizing how to do accounting you will understand why it is done that way. That means when you are in a discussion with other business professionals you will have the tools to discuss accounting in a dynamic world.

Imagine going from complete beginner to making a financial statement in a few hours of lessons!

Don’t let accounting be your weakness in business any longer. Take some time to work through this program today!

Who this course is for:

  • Beginning accounting student, or small business owner that needs overall basic accounting.

What you’ll learn: 

  • Learn the basics of accounting. This course provides a foundational understanding that is crucial in developing a better understanding of accounting.

Requirements: 

  • No prior knowledge is required to take this course

Our Promise to You

By the end of this course, you will have learned basic accounting.

 10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the fundamentals of accounting.

Course Curriculum

Section 1 - Introduction
Introduction 00:00:00
Downloadable Course Resources 00:00:00
The Transaction 00:00:00
Financial Statements 00:00:00
Section 2 - Basic Building Blocks
Balance Sheet 00:00:00
Assets 00:00:00
Liabilities 00:00:00
Equity 00:00:00
Income Statement 00:00:00
Accrual Basis 00:00:00
Section 3 - The Accounting Cycle
Debits And Credits 00:00:00
Accounts 00:00:00
Journalizing 00:00:00
Posting 00:00:00
The Trial Balance 00:00:00
Making The Financial Statements 00:00:00

Course Review

5.0

5.0
7 Ratings
  1. Anonymous
    Theresa Michelle Walker September 10, 2024 at 09:28 AM

    Basics of Accounting

    5.0

    Great refresher for accounting basics. Easy to follow and well-organized presentation.

  2. Anonymous

    Basics class

    5.0

    Very easy to follow and understand. I didn’t realize I had to tell it to complete the step manually after each video, so it didn’t save my progress and I had to rewatch a couple videos but I eventually figured it out.

  3. Anonymous
    Terrence Brooks July 24, 2022 at 10:35 AM

    Great Refresher

    5.0

    I took an accounting class decades ago. Now just refreshing my mind and keeping it fresh. Easy to follow and understand

  4. Anonymous
    MISHAUNNA PRYOR July 9, 2022 at 13:47 PM

    Great Content!

    5.0

    This course was perfect and right to the point! It was easy to follow again with and it was interesting.

  5. Anonymous

    Great course to understand the basics

    5.0

    Good understanding of the basics of accounting.

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