Basics of Accounting certification course

This course will teach you the basics and fundamentals in Accounting. This course is designed specifically to accommodate the learning needs of those interested in pursuing a career of accounting. The course is a rigorous one that will take you along different accounting principles and concepts that will aid you in real life with realistic implementation.

• Introduction of accounting 36:18

  • 1: Introduction of accounting Preview 12:06
  • 2: Basic Terminologies 07:12
  • 3: Five Terms of Accounting 06:53
  • 4: Accounting Standards 10:07

• T Accounts and General Ledger 19:31

  • 5: Accounts and General Ledger 12:28
  • 6: General Ledger 07:03

• Understanding Annual Reports 21:08

  • 7: Annual Report 1 09:34
  • 8: Annual Report 2 11:34

• Understanding Account Receivables 40:31

  • 9: Current and Non Current Method 09:42
  • 10: Discount and Loss Rate 07:21
  • 11: Net Realizable Value 09:29
  • 12: Concept of Aging 13:59

• Valuation 42:12

  • 13: Valuation 09:39
  • 14: Concept of FIFO 08:04
  • 15: Cost of Goods 12:23
  • 16: Inventory Recording System 12:06

• Understanding Investment 25:23

  • 17: What Is Investment 11:08
  • 18: Classification Of Investment Part 1 06:54
  • 19: Classification Of Investment Part 2 07:21

• Depreciation And Amortization Part 1 15:42

  • 20: Depreciation And Amortization Part 1 09:00
  • 21: Depreciation And Amortization Part 2 06:42

• Depreciation 28:13

  • 22: Methods Of Depreciation 06:57
  • 23: Income And Cashflow Statement 06:44
  • 24: Depreciation 06:56
  • 25: Accelerated Depreciation 07:36

• Impairment 09:29

  • 26: Impairment 09:29

• Goodwill 08:10

  • 27: Goodwill 08:10

• Taxes 08:34

  • 28: Taxes 08:34

• Types of Leases 10:44

  • 29: Types of Leases 10:44

• Equity Transactions 26:45

  • 30: Equity Transactions Part 1 12:20
  • 31: Equity Transactions Part 2 14:25

• Revenue and Expense Recognition 16:19

  • 32: Revenue and Expense Recognition Part 1 09:05
  • 33: Revenue and Expense Recognition Part 2 07:14

• Accounting Issues 09:38

  • 34: Accounting Issues 09:38

• Understanding Annual Report 24:56

  • 35: Sample Annual Report 1 03:21
  • 36: Sample Annual Report 2 05:45
  • 37: Sample Annual Report 3 05:31
  • 38: Sample Annual Report 4 05:47
  • 39: Sample Annual Report 5 04:32

• Conclusion 05:02

  • 40: Conclusion 05:02

This course fundamentals of accounting is the study of internal financial details that can affect decision-making is the study of accounting fundamentals. We designed the course to be a perfect complement for those taking Accounting at professional. We’ll go over the theory with you and show you some examples. We’ll give you a rough estimate of how much the process would cost. We will discuss the flow of inventory costs and track the process of raw material-related costs, which will then flow to work in process and factory overhead, finished products, and ultimately expensed in the form of the cost of goods sold in a process cost system. This course is structured to expose students to current cost accounting theories and practice in order for them to be able to use accounting data in the planning and management of business practices. These concepts are important in helping students develop their analytical and critical thinking skills when reporting cost data. The goal is to develop students who are passionate about and capable of working as accountants in the business world. Not only will these topics save you a lot of time, but they will also provide you with a fruitful and productive learning with the help of audio-visual presentation techniques.

Accounting issues are a major factor as it promotes and informs operational and strategic decisions aimed at achieving organizational objectives. Three decision-oriented accounting functions support organizations, assessment, monitoring, and communication. The module is designed specifically to accommodate the learners needs of those related to the field of accounting. The training will take you through different accounting principles that will assist you in real life with realistic implementation. The purpose of the module is to provide students with theoretical knowledge of accounting and financial practices and lay the groundwork for an accounting career. The course includes fields such as Advance Accounting, Accounting Fundamentals, Finance, etc. In this course, you can learn the basics of accounting goals. More precisely, to determine the financial situation of the company, you can understand the financial records that management produce and be able to interpret and analyze these statements. You will also see the definition, function and meaning of various forms of decision-useful accounting information will also be described and understood and analytical methods and techniques used to make business decision-making use this information.

This course covers accounting fundamentals, which includes the study of internal financial details that can influence decision-making. The course was created to be a perfect complement to those studying Accounting at a professional level. We’ll walk you through the theory and show you some examples. The flow of inventory costs will be discussed, as well as the tracking of raw material-related costs, which will flow to work in process and factory overhead, finished products, and finally expensed in the form of cost of goods sold in a process cost system. This course is designed to introduce students to current cost accounting theories and practices in order for them to be able to use accounting data in business planning and management. When reporting cost data, these concepts are critical in helping students develop their analytical and critical thinking skills. The goal is to develop students who are enthusiastic about accounting and capable of working in the business world as accountants. These topics will not only save your time, but will also provide you with a fruitful and productive learning experience through the use of audio-visual presentation techniques.

Skills you will master:

• Basics of accounting
• Introduction
• T accounts and general ledger
• Recognition, measurement, valuation and disclosures
• Cost management
• Measurement concepts
• Costing systems
• Financial statements and decisions analysis
• Basics of financial statement analysis
• Vertical and horizontal analysis
• Financial ratios- profitability
• Corporate finance and investment decisions
• Capital budgeting process
• Long term financial management
• Performance management
• Planning, budgeting and forecasting
• Accounting for non-finance managers

• Professionals who are already working in Finance company and need to develop their accounting skills
• Students who are wants to pursue their career in the field of Finance
• Anyone from non-finance background who wish to learn accountancy and its concepts
• Finance students, managers, accountants or anyone who wants to upgrade their skill in the area of accounting.
• Learn this course if you want to understand the principles and concept of costing.

• Anyone who is looking out to make career in Accounting can take up this online course.
• Should have simple Numerical Skills and should be good at Mathematics.
• No prior accounting knowledge is necessary to learn this course.
• Basic fundamentals of Mathematics will help.

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Reed courses certificate of completion

Digital certificate - Included