Accounting 101 - The Principles Of Accounting

The Easiest Course In Accounting!
4.55 (982 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
instructor
Accounting 101 - The Principles Of Accounting
6 387
students
1.5 hours
content
May 2020
last update
$19.99
regular price

Why take this course?

🌟 Course Title: Accounting 101 - The Principles Of Accounting

Headline: 🚀 The Easiest Course In Accounting! 🚀


Course Description:

Welcome to the gateway of financial mastery – Accounting 101! This is the first course in a comprehensive series designed for absolute beginners who aspire to delve into the world of accounting. 📊✨

Accounting 101 is not just about memorizing formulas or understanding jargon; it's about bringing accounting to life with real-life examples and guiding you through the accounting process step by step. This course is tailored for anyone eager to learn the fundamental concepts of accounting in a manner that is easy to grasp and enjoyable to learn.

As we embark on this journey together, remember that this course is crafted for beginners. It's a gentle pace, ensuring each concept is thoroughly understood before moving on to the next. 🎓💫


What You Will Learn:

In Accounting 101, we will dive into the foundational principles of accounting, including:

  • Types of Accounts: Understanding the different types of accounts and their roles in financial statements.
  • Assets: Exploring what assets are and how they contribute to a company's financial health.
  • Liabilities: Discovering the various forms of liabilities and their importance in financial planning.
  • Revenue: Identifying what constitutes revenue and how it is recognized.
  • Expenses: Learning about expenses, their classification, and their impact on a company's bottom line.
  • Capital: Understanding the concept of capital and its significance in financing business activities.
  • Types of Transactions: Mastering the distinction between cash and credit transactions.
  • Double Entry System: Getting to grips with this fundamental accounting method that ensures all financial transactions are recorded accurately.
  • Rules for Debit & Credit: Learning the golden rules that govern the debits and credits in accounting.
  • Passing Journal Entries & Posting Entries To The General Journal: Developing skills to record financial transactions correctly.

Course Outline:

Our journey through accounting begins with:

  1. Types of Accounts
  2. What are Assets?
  3. What are Liabilities?
  4. What is Revenue?
  5. What are Expenses?
  6. What is Capital?
  7. Types of Transactions, Cash or Credit?
  8. Double Entry System
  9. Rules for Debit & Credit
  10. Passing Journal Entries / Posting Entries To The General Journal

Your Next Steps:

Upon completion of this series, students who are of the proper age will be equipped to pursue entry-level accountant positions. However, to truly excel in the field of accounting, continuous practice and real-world application are key. This course sets you on the path, but your dedication to learning and practicing will bring your newfound knowledge to life.


Continue Your Accounting Journey:

Once you've mastered the principles outlined in Accounting 101, you can continue with the following courses in this Accounting Series:

  • Accounting 102 - The Ledger & The Trial Balance
  • Accounting 103 - The Special Journals & The Subsidiary Ledgers
  • Accounting 104 - Bank Reconciliation & Correction Of Errors

These subsequent courses build upon the foundation established in Accounting 101, leading you towards a comprehensive understanding of accounting and preparing you for more advanced accounting roles. 🌱🔑

Enroll now and take the first step towards becoming an accounting expert with Accounting 101 - The Principles Of Accounting! Let's unlock your potential together. 🎉📚

Course Gallery

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Comidoc Review

Our Verdict

Accounting 101 - The Principles Of Accounting on Udemy offers a comprehensive introduction to accounting principles. While some users find certain concepts confusing, the course has been successful in helping beginners grasp complex topics through clear instruction, engaging examples, and end-of-section testing. Leveraging students' feedback, future iterations of this course should focus on further refining term definitions and incorporating a more substantial set of exercise questions to enhance self-assessment capabilities.

What We Liked

  • The course covers the basics of accounting in a clear and concise manner, making it easy for beginners to understand.
  • Real-world examples and end-of-section tests help reinforce concepts and ensure retention.
  • Instructor's delivery is praised for being clear, concise, and encouraging repetition to help with understanding debits and credits.
  • The course was designed to be easy to follow, not overwhelming, and provided a lot of material in a relatively short period.

Potential Drawbacks

  • Some users express confusion over concepts such as Cash Paid when classifying accounts, indicating potential for clarity improvement.
  • Limited exercise questions are available for self-assessment, reducing opportunities to practice new skills.
  • A few users mention previous knowledge is required despite the course being designed for beginners.
  • Users recommend a more detailed explanation of specific accounting terms and concepts.

Related Topics

1524204
udemy ID
24/01/2018
course created date
20/11/2019
course indexed date
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