TutorialsPublished by : LeeAndro | Date : 3-06-2020 | Views : 71
Accounting-Financial Accounting Total-Beginners to Advanced (Updated 5/2020)
Accounting-Financial Accounting Total-Beginners to Advanced (Updated 5/2020)
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English + .srt | Duration: 699 lectures (118h 57m) | Size: 47.2 GB

Record merchandising transactions.


Including well over 100 hours of content, e-book (EPUB, MOBI, PDF) ,Excel worksheet, & PDF files, this is comprehensive

An Introduction to Accounting, The Double Entry Accounting System, & Recording Transactions using Debits and Credits

Analyze, use, and create from scratch financial statements including a balance sheet, income statement, statement of equity, and statement of cash flows

Use the concepts of the double entry accounting system

Record financial transactions using the accounting equation

Record financial transactions using debits and credits

Learn when and how to use accounting methods such a the accrual method and cash method

Apply the concepts related to the revenue recognition principle and the matching principle to recording transactions and reading financial statements

Record period end adjusting entries and be able to explain why adjusting entries are necessary is a well designed accounting system

Record transactions involving inventory

Track inventory using cost flow methods like FIFO, LIFO, and Weighted Average Methods

Create and use subsidiary ledgers like accounts receivable by customer and accounts payable by vendor subsidiary ledgers

Learn how to create and use special journals and how they can be part of an accounting system

Construct and interpret a bank reconciliation, one of the most critical internal controls

Be able to implement internal controls over cash

Value account receivable and record bad debt expense using either the allowance method or direct write off method

Calculate depreciation using different depreciation methods including straight line depreciation, double declining balance, & units of production depreciation

Record payroll transactions and calculate net pay and income tax withholding

Record transaction specific to partnerships including methods to allocate net income to the partners, adding a new partner, and a partner leaving or selling a partnership interest

Record transaction specific to a corporation including selling capital stock, selling preferred stock, buying treasury stock, issuing cash dividends, and issuing stock dividends

Record transactions related to the issuance of bonds

Record transactions related to notes payable. Learn to create an amortization table.

Construct a statement of cash flows using the direct method and indirect method. We go into more detail about best practices to construct a statement of cash flows than any other course we have seen

This course is an excellent course for bners as well as advanced learners. We start from the basics and move all the way through financial accounting topics in a systematic way. We will be using some Microsoft Excel worksheet, but we will start off slow as we learn Excel as well. If you do not have Excel, you may be able to open the files using Google Sheets, which is free. If you do not have either of these options, you can move forward without this component of the course. However, Excel worksheets are where learners get to really engage with the material and work through problems. Therefore, we do suggest getting access to Excel or Google Sheets at all possible.

Includes able e-book in multiple formats so you can open it on your tablet or Kindle - Formats (EPUB, MOBI, PDF).

This course is an excellent supplement for students or anybody who wants to learn accounting and also have something they can refer back to in the future. Udemy generally provides life access to the course.

Many accounting students do not receive a physical book, they get to keep from their school, and even if they did, the information could become dated. Students who want a useful reference tool they can keep, and one that can be more easily updated then a textbook, will benefit from a resource such as this.

Financial accounting is a LARGE topic and is not something that can be done well in 5, 10, or 20, hours of content, as you may see claimed elsewhere. We will cover accounting theory because theory and concepts are what accounting is. We need to learn theory so we can make appropriate adjustments in the real world. Learning procedures without understanding the theory will make us inflexible and unable to adapt to the ever-chag environment. We will learn the theory while we apply them to procedures.

Financial accounting is relatively standardized in format. In other words, most accounting institutions will cover much the same topics, often in much the same order. We suggest looking up a standard accounting textbook, checking the index, and comparing the topics to the courses you are considering purchasing. We believe this course will line up well to anybody's needs who want to learn financial accounting.

Below is a list of topics by section:

Section SEC 1 An Introduction to Accounting, The Double Entry Accounting System, & Recording Transactions using Debits and Credits

Section SEC 2 - Recording Period End Adjusting Entries

Section SEC 3 - Recording Closing Entries

Section SEC 4 - Merchandising Transactions - Transactions Involving Inventory

Section SEC 5 - Inventory Cost Flow Assumptions (FIFO, LIFO, Weighted Average Methods)

Section SEC 6 - Subsidiary Ledgers & Special Journals

Section SEC 7 - Bank Reconciliations & Cash Internal Controls

Section SEC 8 - Accounts Receivable - Allowance Method & Direct Write Off Methods

Section SEC 9 - Depreciation Methods & Property Plant & Equipment

Section SEC 10 - Payroll Accounting

Section SEC 11 - Partnership Accounting

Section SEC 12 - Accounting for Corporations

Section SEC 13 - Bonds Payable, Notes Payable, & Long-Term Liabilities

Section SEC 14 - Statement of Cash Flows

Aspiring accounting students who have an interest in the topic

Accounting professionals

Anyone who whats to learn accounting

Accounting and business students who want a reference source to the material they can actually keep, unlike most digital textbooks used in most accounting programs these days

Business professional who want a comprehensive reference to standard financial accounting topics they can refer to



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