Basics of Accounting - A compelling refresher for freshers

LeeAndro

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Published 10/2022MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 ChGenre: eLearning | Language: English | Duration: 24 lectures (1h 4m) | Size: 202 MB

Good understanding of Basics of Accounting concepts, Bookkeeping, Errors in Trial balance etc.​

Familiarity with Financial statements elements and a basic understanding of the flow and presentation - Income statement, Balance Sheet and Cash flow statement
High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, BRS
Awareness of all the basic accounting journal entries - Simplified into a able resource for offline reading

No prerequisite for the course. Even a fresher or layman can understand the concepts

This course will provide a holistic view of the Accounting and Finance processes for a fresher or bner level.

This course is purposely kept at 1 hour to ensure bners and freshers get an overview in quick .

Separate lectures are created for each topic and the essence of the topic is summarized in a bite size videos for easy understanding.

This course covers

Basics of Accounting and Bookkeeping, Accounting concepts, 3 golden rules of Accounting, Debit and Credit, Cash basis and accrual basis etc.

Trial Balance and Errors in Trial balance etc.

Financial statements elements and a basic understanding of the flow and presentation of Income statement, Balance Sheet and Cash flow statement.

Introduction to Key concepts like Capex/Opex, Accruals/Prepaid, Provision/Reserves, working capital, Broad categories of ratios, Chart of Accounts etc.

Management's assertions of financial statements

High level Process overview of key finance processes - Order to Cash, Procure to Pay, Record to Report, Travel expense, Payroll, Fixed Assets, Bank Reconciliation statement. This will give the student an end-to-end perspective of most of the finance processes which a bner might start working and all these information and learnings will be relatable in a real work environment.

Basic accounting journal entries - Simplified into a able resource for offline reading

Summary of all the key points of this course into a able resource for offline reading

Bner who wants to pursue a career in Accounting or Finance

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