ArrowUpskill
Accounting Fundamentals
Accounting Fundamentals
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$20.00 USD
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$20.00 USD
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In this course, you'll learn the key accounting processes like recording, interpreting, classifying, analyzing, and reporting financial information and exploring the layout of the balance sheet, income statement and the cash flow statement.
All the tools you’ll need to understand the fundamentals of accounting are included. Get this course and solidify your basic accounting knowledge.
Key takeaways...
- Financial Literacy
- Accurate Bookkeeping
- Financial Analysis
- Budgeting Skills
- Risk Assessment
- Practical Applications
- Financial Decision-Making and more...
Accounting Fundamentals
Introduction
- Welcome
Basics of Accounting
- What is accounting
- Book keeping
- Financial Accounting
- Managerial accounting
- Income taxes
Financial Accounting
- Financial accounting
- Overview of the balance sheet
- Balance sheet example
- Limitations of the balance sheet
- Differences between the balance sheet and income statement
- Overview of the income statement
- Income statement example
- Overview of the cash flow statement
- Cash flow example
- Summary of financial reporting
Managerial Accounting
- A closer look at managerial accounting
- Product costing
- Break even
- Budgets
- Performance evaluation example Drilling contest
- Performance evaluation example Optometrist
- Performance evaluation example Stice boys.
Income Taxes
- Tax brackets and taxes rates
- Tax deductions and credits
- Capital gains vs ordinary income
- Income tax summary
Conclusion
- Next steps