Basics of Accounting - A compelling refresher for freshers

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Posted on 13 Oct 10:32 | by mitsumi | 10 views

Birds eye view of the world of Accounting and Finance processes.

What you'll learn
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 downloadable resource for offline reading
Requirements
No prerequisite for the course. Even a fresher or layman can understand the concepts
Description
This course will provide a holistic view of the Accounting and Finance processes for a fresher or beginner level.
This course is purposely kept at 1 hour to ensure beginners and freshers get an overview in quick time.
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 beginner might start working and all these information and learnings will be relatable in a real work environment.
Basic accounting journal entries - Simplified into a downloadable resource for offline reading
Summary of all the key points of this course into a downloadable resource for offline reading
Who this course is for
Beginner who wants to pursue a career in Accounting or Finance

Download link

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