Accounting: Master the Basics of Financial Statements

Learn How an Income Statement and Balance Sheet Are Built From Scratch, Including the Basics of Accrual Accounting.
4.75 (2 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
Accounting: Master the Basics of Financial Statements
5
students
30 mins
content
Sep 2023
last update
$19.99
regular price

Why take this course?


Course Instructor: Learnhoot Professional Course Title: Accounting: Master the Basics of Financial Statements Headline: 🚀 Unlock the Secrets of Financial Statements & Accrual Accounting! Learn How an Income Statement and Balance Sheet Are Built From Scratch!


Course Description:

📚 Who is this course for? If you're a small business owner, new to accounting, or a professional looking to solidify your understanding of financial statements, this class is tailor-made for you. Dive into the world of numbers and understand the language of business finance with ease.


What You Will Learn:

📈 Project-Based Learning Experience:

  • From Ground Up: Start your journey to understanding financial statements by learning from scratch, no prior knowledge required!
  • Hands-On Approach: Work alongside the instructor to create a balance sheet and income statement.
  • Real-World Application: Learn by doing with a prebuilt Microsoft Excel template for practical experience.

Course Highlights:

🧐 Fundamentals of Financial Statements:

  • Understand the importance and utility of financial statements in business decision-making.
  • Explore different basic accounting methods to prepare accurate financial statements.

🎓 Building Blocks of Accounting:

  • Learn the components that make up a balance sheet and income statement.
  • Gain insights into the principles of accrual accounting and its significance.

Hands-On Learning Journey:

  1. Why Financial Statements?

    • Discover the purpose and role of financial statements in the business world.
  2. Basic Accounting Methods:

    • Get to know the foundational methods used in accounting.
  3. Creating Financial Statements Together:

    • Follow step-by-step guidance to build your own balance sheet and income statement.
  4. Your Turn:

    • Put your new skills into action by using an Excel template to create financial statements for a business scenario.

Outcomes:

🎯 By the End of This Course, You Will:

  • Have a comprehensive understanding of how to read and interpret basic financial statements.
  • Feel confident in your ability to construct a balance sheet and income statement from raw data.
  • Be equipped with the tools necessary to apply these skills in real-world business contexts.

Why You Should Take This Course:

🌟 Confidence in Financial Statements: Whether you're running your own business, advising clients, or simply looking to increase your financial literacy, this course will empower you with the knowledge and practical skills needed to navigate the world of accounting.

📆 Flexible & Interactive Learning: Engage with a curriculum designed to fit into your busy schedule, complete with interactive exercises for maximum learning retention.


Enroll Now & Master Financial Statements! 💼✨

Course Gallery

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5444062
udemy ID
14/07/2023
course created date
17/09/2023
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