Accounting for the Beginner: Go From Zero to Creating Your First Financial Statements

About the Course:

Is financial accounting a strange and scary topic? Do you feel left out when other professionals begin discussing accounting? Business professionals will all eventually need to use the information provided in financial statements. The balance sheet and income statements are key sources of information used by investors, bankers, lenders, managers, and many others. Speaking the language of accounting gives you an edge over those who do not. Most people think gaining a basic understanding of the financial statements and the accounting cycle will take you months. There are courses that take weeks and weeks of long, drawn-out discussions of accounting. But you can learn the basics in a few hours. This course was designed for busy individuals who need to understand accounting but don’t have big chunks of time available in their daily schedule. The course is concise and to the point. The course follows a group of small business owners and explains how accounting will work for a business such as theirs. The small business cases I will use include a service business, a food service business, a manufacturer, and a retailer. These examples cover many of the typical businesses found in the real world 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. You will get a chance to practice what you learn as we progress through the course. You will answer questions and work journal entries and develop the financial statements with the instructor! Imagine going from beginner to having the ability to complete a financial statement in just a few hours!

Course Objective:

• The course will take a student with no prior accounting knowledge from the beginning to the completion of basic financial statements.

Who is the Target Audience?

• Business professionals or students looking to understand the accounting process and create financial statements.

Basic Knowledge:

• Beginner level, no previous knowledge