The Definitive Guide to Financial Accounting

Partner: Udemy
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Description: Are you new to accounting or looking to build a strong foundation in financial principles? This comprehensive Accounting course will take you from the basics to mastering essential accounting concepts. Whether you're a student, business owner, entrepreneur, or finance professional, this course will equip you with the knowledge needed to understand and apply accounting principles effectively.What You’ll Learn:Introduction to AccountingDefinition and purpose of accountingImportance of accounting in businessUsers of financial informationAccounting Principles & ConceptsAccrual vs. Cash Basis AccountingMatching PrinciplePrudence PrincipleConsistency & Going Concern AssumptionsThe Accounting Equation & Double-Entry SystemAssets = Liabilities + EquityDebit & Credit rulesHow transactions affect financial statementsFinancial Statements & Their PreparationBalance Sheet – Assets, Liabilities, and Equity explainedIncome Statement – Revenue, Expenses, and Profit calculationCash Flow Statement – Tracking business cash movementsStatement of Changes in Equity – Understanding retained earnings & capital changesRecording Transactions & The Accounting CycleJournals, Ledgers, and Trial BalancePosting entries and preparing financial reportsAdjusting entries and closing accountsKey Accounting Elements & Their ManagementAssets & Liabilities – Classification and valuationReve
Category: Finance & Accounting > Accounting & Bookkeeping > Accounting
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Price: 19.99
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Source: Impact
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