About the course

Are you new to accounting or looking to build a strong foundation in financial principles? This comprehensive Accounting course will take you from the basics to mastering essential accounting concepts. Whether you're a student, business owner, entrepreneur, or finance professional, this course will equip you with the knowledge needed to understand and apply accounting principles effectively.

What You’ll Learn:

Introduction to Accounting

Definition and purpose of accounting

Importance of accounting in business

Users of financial information

Accounting Principles & Concepts

Accrual vs. Cash Basis Accounting

Matching Principle

Prudence Principle

Consistency & Going Concern Assumptions

The Accounting Equation & Double-Entry System

Assets = Liabilities + Equity

Debit & Credit rules

How transactions affect financial statements

Financial Statements & Their Preparation

Balance Sheet – Assets, Liabilities, and Equity explained

Income Statement – Revenue, Expenses, and Profit calculation

Cash Flow Statement – Tracking business cash movements

Statement of Changes in Equity – Understanding retained earnings & capital changes

Recording Transactions & The Accounting Cycle

Journals, Ledgers, and Trial Balance

Posting entries and preparing financial reports

Adjusting entries and closing accounts

Key Accounting Elements & Their Management

Assets & Liabilities – Classification and valuation

Revenue & Expenses – Recognition and treatment

Depreciation & Amortization – How businesses account for long-term assets

General Ledger & Subsidiary Ledgers

Importance of ledgers in bookkeeping

Control accounts and detailed subsidiary ledgers

Financial Reporting & Interpretation

Understanding financial ratios and performance indicators

Analyzing business profitability, liquidity, and solvency

Notes to Financial Statements

Why notes are essential for transparency

Key disclosures and their impact on decision-making

Who Should Take This Course?

Students and beginners interested in learning accounting
Entrepreneurs and business owners managing their finances
Professionals looking to refresh their accounting knowledge
Anyone preparing for ACCA, CA, CPA, or finance-related exams

Why Enroll in This Course?

Beginner-friendly and easy-to-follow lessons
Real-world examples for practical understanding
Step-by-step guidance on financial statement preparation
Essential for academic, professional, and business growth

Enroll now to build a strong foundation in accounting and take control of financial decisions.