Accounting in 60 Minutes - A Brief Introduction

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Accounting in 60 Minutes - A Brief Introduction

About this course

    This is not your typical accounting course!      Professor Turner has taught thousands of students basic accounting.  He has developed shortcuts and analogies to make learning accounting easy.  If you want to understand this subject in a simple, fun way then this brief introductory course is for you.      This course will show you the very basics of accounting.  You can complete it in about an hour.  The course includes videos of the instructor at the whiteboard.  You will complete simple quizzes to reinforce what you have learned.  This course is intended for business owners, business students, managers or anyone who wants to understand basic accounting.  It presents the information in an understandable format.  Even if you have taken an accounting course you will find the material insightful.      The course introduces  The Accounting Equation (One you can understand!)Balance SheetsIncome StatementsDebits and Credits (And how to know which is which!)Why Profit Does Not Equal Cash!    If you have dreaded the thought of learning accounting, this is exactly the introduction you will welcome!      Why should take this course?      You are a business owner.  You want your business to succeed and you know that you need a better understanding of how the numbers are put together.      You are a manager.  You deal with accounting staff, bookkeepers, owners and subordinates.  You hear accounting terms daily but you want to know more about what accounting means.      You are a business student.  You dread taking your first accounting course.  Or maybe you are in an introductory class right now.  It all sounds so complicated.  You want to find a simple explanation

What you'll learn

  • understand the accounting equation
  • interpret balance sheets
  • read income statements
  • distinguish between debits and credits
  • grasp why profit does not equal cash

Course objectives

  • provide a clear understanding of basic accounting concepts
  • offer practical insights for managing finances
  • make accounting approachable for non-specialists

Skills you'll gain

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