Booking options
£27.99
£27.99
On-Demand course
2 hours 25 minutes
All levels
In the UK alone, more than 600,000 new businesses spring to life every year, and they all have one thing in common: the need for sound financial management. That's where our Accounting Basics course comes in! A good grasp of our course might help you to take the first step to becoming a professional accountant.
At the beginning of the Accounting Basics course, you will gain insights into the double entry system and fundamental accounting rules. Plus, you will acquire the skills to create essential financial statements such as income statements, balance sheet, and flow statements. Moreover, in this Accounting Basics course, you will become familiar with the significant accounting policies that need to be decided by companies. You will be introduced to the depreciation policies as well.
Our Accounting Basics course will equip you with the knowledge of the basic accounting equation and how it's intertwined with the four financial statements. Here, you'll master the art of creating a chart of accounts and classifying accounts, ensuring that you can efficiently manage a company's finances. As you move deeper into the course, you will be able to record, analyze, and interpret external and internal transactions within a company, facilitating informed decision-making. After completing the course, you will have the skills to control operational fixed assets, manage inventory effectively, recognize revenue appropriately, and accurately account for expenses, all while optimizing working capital.
Without further delay, enrol in the Accounting Basics course to prepare yourself for an accounting career.
Some of our website features are:
This is a dedicated website for teaching
24/7 tutor support
Interactive Content
Affordable price
Courses accredited by the UK's top awarding bodies
100% online
Flexible deadline
No formal entry requirements. You need to have:
Passion for learning
A good understanding of the English language
Be motivated and hard-working
Over the age of 16.
Successfully completing the MCQ exam of this course qualifies you for a CPD-accredited certificate from The Teachers Training. You will be eligible for both PDF copy and hard copy of the certificate to showcase your achievement however you wish.
You can get your digital certificate (PDF) for £4.99 only
Hard copy certificates are also available, and you can get one for only £10.99
You can get both PDF and Hard copy certificates for just £12.99!
The certificate will add significant weight to your CV and will give you a competitive advantage when applying for jobs.
Accounting Basics | |||
Section 01: Accounting Fundamental | |||
Lecture-1.What is Financial Accounting | 00:13:00 | ||
Lecture-2. Accounting Double Entry System and Fundamental Accounting Rules | 00:10:00 | ||
Lecture-3.Financial Accounting Process and Financial Statements Generates | 00:14:00 | ||
Lecture-4.Basic Accounting Equation and Four Financial Statements | 00:21:00 | ||
Lecture-5.Define Chart of Accounts and Classify the accounts | 00:07:00 | ||
Lecture-6. External and Internal Transactions with companies | 00:12:00 | ||
Lecture-7.Short Exercise to Confirm what we learned in this section | 00:06:00 | ||
Section 02: Accounting Policies | |||
Lecture-8.What are Major Accounting Policies need to be decided by companies | 00:06:00 | ||
Lecture-9.Depreciation Policies | 00:12:00 | ||
Lecture-10.Operational Fixed Asset Controls | 00:13:00 | ||
Lecture-11.Inventory Accounting and Controls | 00:11:00 | ||
Lecture-12.Revenue Accounting and Controls | 00:08:00 | ||
Lecture-13.Expenses Accounting and Working Capital | 00:12:00 |