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Essentials of Accounting Online Course

person icon Elvin Chua

4.5

Essentials of Accounting Online Course

Grasp accounting fundamentals with me under 1 hour!

updated on icon Updated on Jun, 2024

language icon Language - English

person icon Elvin Chua

category icon Financial Accounting,Finance & Accounting,Business Budgeting,Business,Business Growth,

Lectures -12

Resources -1

Duration -42 mins

4.5

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Course Description

Accounting is a good supplementary skill to have because it allows business owners and managers to have a better grasp of how transactions within their organisation will be treated (e.g., "can I recognise this sum of cash as revenue?"). The end goal of accounting is to empower owners and/or managers to make sound decisions in their businesses for sustainable and steady growth.

This course focuses on the fundamental accounting concepts principles, transaction recording, and accounts drafting. As it is a beginner course, we will not be preparing full-fledged financial statements, but will be focusing on the prerequisites of those.

Accounting places a lot of emphases on accuracy and correctness, I believe it is a bottom-top topic, where foundational knowledge and attention-to-detail is key to being a strong accountant. Personally, I've taken financial accounting as a subject and learnt from different educators over a period of 6 years, and have served as a guide for my peers regarding this field and am bringing this value to you now! So if you are a meticulous and process-oriented person who have not yet picked up accounting, this class might just be the one for you!

Hope you enjoy the classes and resources I prepared. Do feel free to reach out if you have any queries! :)

Goals

Learn about the accounting nature of assets, revenue, liabilities, and account receivables.

Prepare the building blocks of financial accounting, T-Accounts & General Journals.

Understand the proper accounting treatment of nuanced accounts such as revenue recognition and credit card sales.

Learn and apply all the knowledge imparted in a class assignment.

Prerequisites

  • No financial accounting background required, you will learn the fundamentals.

Essentials of Accounting Online Course

Curriculum

Check out the detailed breakdown of what’s inside the course

Introductory Video - Scope
1 Lectures
  • play icon Introductory Video 02:43 02:43
Building Blocks of Financial Accounting
4 Lectures
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Revenue Recognition
3 Lectures
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Inventory Recognition
3 Lectures
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End
1 Lectures
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Instructor Details

Elvin Chua

Elvin Chua

Hi! I'm Elvin, a university undergraduate from NTU, Singapore. I majored in Business in my tertiary & undergraduate studies, and have thus taken numerous courses related to accounting.

Though I am not in the accounting field, I recognize that accounting fundamentals are slowly but steadily becoming a vital part of the "business lingo" in the working world. Hence, I am keen to provide an avenue of resources to impart the skills and knowledge I have picked up over the years to folks who may not have had opportunities to learn accounting.

Outside of accounting, I am passionate about sustainability and music!

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