Learn double-entry bookkeeping, financial statements, ratio analysis & practical small-business bookkeeping tasks
Elevate your financial confidence with Accounting 101: Beginner’s Guide to Bookkeeping & Finances. This hands-on, step-by-step course transforms accounting from an intimidating mystery into a practical skill you can apply today.
What you’ll learn
- Master Fundamental Accounting Concepts.
- Apply Double-Entry Bookkeeping System.
- Prepare Essential Financial Statements.
- Process Complete Accounting Cycle.
- Analyze Financial Performance Using Key Ratios.
- Perform Basic Bookkeeping Tasks.
Course Content
- Foundations of Accounting –> 3 lectures • 28min.
- Core Concepts & Principles –> 3 lectures • 23min.
- Transactions & Double-Entry –> 3 lectures • 26min.
- The Mini Accounting Cycle –> 3 lectures • 37min.
- Interpreting Results –> 2 lectures • 28min.
- Practical Tools & Next Steps –> 3 lectures • 42min.
Requirements
Elevate your financial confidence with Accounting 101: Beginner’s Guide to Bookkeeping & Finances. This hands-on, step-by-step course transforms accounting from an intimidating mystery into a practical skill you can apply today.
You’ll start by mastering the foundational equation (Assets = Liabilities + Equity) and learn to distinguish cash versus accrual accounting methods. Next, dive into the double-entry system—record real business transactions using debits and credits, visualize them in T-accounts, and ensure every journal entry balances.
Once your books are in order, you’ll prepare basic financial statements: craft an Income Statement and Balance Sheet from scratch and discover how each statement reveals your organization’s performance and financial health. Then, sharpen your analytical skills by calculating essential ratios—profitability, liquidity, and leverage—to evaluate real-world business scenarios.
Throughout the course, you’ll complete practical exercises: set up a chart of accounts, post transactions to ledgers, reconcile bank statements, and explore payroll basics. You’ll also get an introduction to popular bookkeeping tools, so you can immediately apply what you’ve learned in spreadsheet software or cloud-based apps.
By the end, you’ll be able to:
- Confidently record and classify business transactions
- Generate and interpret financial statements
- Analyze key financial ratios to make informed decisions
- Perform everyday bookkeeping tasks and use basic accounting software
Whether you’re a small-business owner, a career changer entering finance, or someone who wants stronger personal finance skills, this course gives you the clear, practical knowledge you need—no prior experience required. Downloadable worksheets, on-screen demonstrations, and quizzes reinforce every concept, so you build real-world bookkeeping expertise in under five hours.
Ready to transform your relationship with numbers? Enroll today and unlock the power of accounting for your business, career, or personal finances!