WHAT YOU GET?
Learn the most important equation in Accounting
ASSETS = LIABILITIES + OWNER’S EQUITY
This equation forms the basis for understanding financial transactions.
With clear explanations and practical examples, you’ll gain a deep understanding of how these elements interact and impact financial statements.
Get clarity with Accounting Fundamentals
Struggling with the fundamentals?
From financial statements to the Accounting Equation, Debits & Credits, and Cash vs. Accrual methods, I break it all down with clear examples so you gain confidence in accounting.
Build a strong foundation for your Finance & Accounting journey
Walk through the World of Accounting Roles
There’s so much under the Accounting umbrella – roles, key concepts, departments, etc. Gain a comprehensive understanding of this global discipline.
Navigate financial reporting, auditing, taxation, and management accounting as you unlock the secrets of the Accounting
Build strong Foundations to becoming an Accountant
Lay the groundwork for your journey to becoming a successful accountant.
Explore accounting degrees, licenses, certifications, and designations. Choose the right educational path, understand professional requirements, and gain the knowledge to excel in the field
Getting Started
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Intro to course
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How to use this course
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About me
What is Accounting?
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The Definition of Accounting
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The World of Finance & Accounting
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Accounting Degrees, Certifications, Licenses, and Designations
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The difference between Accounting & FP&A
The Basics of Accounting
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Intro to the financial statements
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The Accounting Equation
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GAAP vs IFRS
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Cash vs Accrual
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The Matching Principle
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Taxes
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Auditing
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Debits & Credits
Deep dive on the Financial Statements
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Financial statement preparation
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Related reports
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Bank Register
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Bank Reconciliation
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The General Ledger
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The Chart of Accounts
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The Trial Balance
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Accounts Payable Ledger
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Accounts Receivable Ledger
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The Profit & loss
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The Profit & loss Overview
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Revenue
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COGS
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Gross Profit & Gross Margin
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Operating Expenses / Selling SG&A
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Net Operating Income
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Other Income Other Expense, and Net Other Income
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Net Income
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The Balance Sheet
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The Balance Sheet Overview
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Assets
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Liabilities
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Owners Equity
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5. The Statement of Cash Flows
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The Statement of Cash Flows Overview
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Direct vs Indirect Method
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The Sections of the Cash Flows
Adjusting Journal entries
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T Accounts
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Prepaid Expenses
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Accounts Receivable
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Inventory
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Fixed Assets, Depreciation & Amortization
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Accounts Payable
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Accrued Expenses
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Deferred Revenue
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Common vs Preferred Stock
Recap & wrap up
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Other areas of accounting
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Continued Learning