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The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics this video assumes you know nothing and by the end of it, has you reading fortune 500. Financial accounting content: this course is a review of the fundamental concepts of accounting the focus is on financial statements that a firm prepares each year. The fundamentals of payroll accounting 7 assets -property of the company or what the company owns, providing economic benefit or value to the company over time.
Accounting fundamentals series is a bundle of strategically-picked courses to help you obtain the skills you need to advance your career. Fundamentals of accounting or procedural aspects of accounting after discussing the definition of accounting, we can divide the procedure of accounting into two parts generating financial information and. An introduction to the highly popular, hands-on american management association seminar, fundamentals of finance and accounting for non-financial managers. The post-baccalaureate certificate in accounting fundamentals is offered fully online or on-campus the program is designed for professionals interested in adding to their business resume or looking to change careers within any industry. Our central objective is an understanding of the role of financial accounting information in business students will be able to: • identify how the economic events that occur throughout the business cycle of an organization are reflected in financial statements.
Alison's free online fundamentals of accounting course explores financial statements, including the profit and loss account and the balance sheet. The book accounting is the process of evaluation, measurement, documentation, and communication of business activities this serves a great function, along with bookkeeping, in maintaining organization in any venture. Accounting can seem like a daunting discipline for a small business owner when you discuss accounting, you'll hear a lot of complex terms it helps to begin with fundamental accounting all.
The accounting fundamentals gives an overview of accounting principles, recording ,classification and reporting of transaction to reflect a true and fair view of the business performance, sources of funds, applications and net worth. Building on the concepts introduced in the core financial management course (core-gp1021), this course covers the fundamentals of financial accounting for for-profit, not-for-profit, and health-care organizations. The accounting equation is the unifying concept in accounting that shows the relationships between the accounting elements: assets, liabilities, and capital in this lesson, you will learn about the basic accounting equation and how it stays in balance.
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