Introduction
to Accounting involves bookkeeping, and finance for non accountants is
a course that covers the fundamentals of accounting with the newcomer
in mind. Accounting is more than just memorizing terms and procedures;
it's a whole new way of thinking about finances. This course assumes students
have no prior knowledge of accounting or finance, and delivers lessons
and examples to build accounting skills. Specifically, this course addresses
accounting terminology, revenue, expenses, net income, the accounting
equation, debits, and credits, as well as balancing the accounting formula,
the accounting structure, the accounting cycle, journals, ledgers, the
trial balance, and more. It also guides students to learn how to read
financial statements properly, and how to grab meaningful information
from the balance sheet, income statements, and cash flow statements.
After completing this course, you will have a solid understanding of accounting in today’s world. By applying these concepts, you will understand the processes behind Accounts Payable and Account Receivable, you will understand how and why financial transactions are documented, you will know what cash flow is and how to improve it. You will know what profit is, how it’s interpreted, and what influences its growth. Moreover, you will know where the money in the company you work for, or own, goes. Learn accounting now and achieve a skill that is an invaluable (if not required) asset to your professional development.