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Bookkeeping is the process of keeping track of every financial transaction made by a business firm from the opening of the firm to the closing of the firm.
FREE
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Unlimited Duration
Last Updated
October 12, 2021
Students Enrolled
1
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Certification
Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers. Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to Basic Bookkeeping!
By the end of this course, you will be able to:
- Understand basic accounting terminology.
- Identify the differences between the cash and accrual accounting methods.
- Keep track of your business by becoming familiar with accounts payable and accounts receivable.
- Use a journal and general ledger to document business financials.
- Utilize the balance sheet.
- Identify different types of financial statements.
- Uncover the reasons for and actually create a budget.
- Be familiar with internal and external auditing.
Course Curriculum
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- Introduction Unlimited
- Housekeeping Items Unlimited
- The Parking Lot Unlimited
- Objectives Unlimited
- Module 1 Introduction Deck Unlimited
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- Introduction Unlimited
- Balance Sheet Unlimited
- Assets Unlimited
- Liabilities Unlimited
- Equity Unlimited
- Income Statement Unlimited
- Revenue Unlimited
- Cost of Goods Sold Unlimited
- Expenses Unlimited
- Accounting Period Unlimited
- Case Study Unlimited
- Module 2 Basic Terminology (I) Deck Unlimited
- Module 2 Basic Terminology (I) Quiz 00:05:00
- Introduction Unlimited
- Accounts Receivable Unlimited
- Accounts Payable Unlimited
- Depreciation Unlimited
- General Ledger Unlimited
- Interest Unlimited
- Inventory Unlimited
- Journals Unlimited
- Payroll Unlimited
- Trial Balance Unlimited
- Case Study Unlimited
- Module 3 Basic Terminology (II) Deck Unlimited
- Module 3 Basic Terminology (II) Quiz 00:05:00
- Introduction Unlimited
- Accounts Payable Unlimited
- Accounts Receivable Unlimited
- The Journal Unlimited
- The General Ledger Unlimited
- Cash Management Unlimited
- Case Study Unlimited
- Module 5 Keeping Track of Your Business Deck Unlimited
- Module 5 Keeping Track of Your Business Quiz 00:05:00
- Introduction Unlimited
- Income Statement Unlimited
- Cash Flow Statement Unlimited
- Capital Statement Unlimited
- Budget vs. Actual Unlimited
- Case Study Unlimited
- Module 7 Other Financial Statements Deck Unlimited
- Module 7 Other Financial Statements Quiz 00:05:00
- Introduction Unlimited
- Depreciating Your Assets Unlimited
- Reconciling Cash Unlimited
- Reconciling Investments Unlimited
- Working with the Trial Balance Unlimited
- Bad Debt Unlimited
- Posting Adjustments and Corrections Unlimited
- Case Study Unlimited
- Module 9 End of Period Procedures Deck Unlimited
- Module 9 End of Period Procedures Quiz 00:05:00
- Introduction Unlimited
- What is an Audit? Unlimited
- When and Why Would You Audit? Unlimited
- Internal Unlimited
- External Unlimited
- Module 11 Auditing Deck Unlimited
- Module 11 Auditing Quiz 00:05:00
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Ayesha Tahir
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