In this course, you'll get a solid introduction to accounting concepts without needing any prior knowledge. While you won't become an accounting expert in just one hour, you'll cover the essentials that lay the groundwork for a deeper understanding of accounting. Topics include the fundamental accounting equation, asset and liability classifications, and how to prepare and interpret key financial statements such as the balance sheet and income statement.
What you'll learn
understand basic accounting concepts
recognize and classify assets and liabilities
prepare and interpret a balance sheet
prepare and interpret an income statement
execute basic accounting entries
gain an overview of the accounting cycle
familiarize with advanced concepts like amortization and cash flow