Beginner friendlyAdults
Accounting 1
Accounting from first principles — the double entry system, statements and what they reveal.
What you'll learn
- Apply the double entry system
- Record transactions in journals and ledgers
- Prepare a trial balance
- Produce income statements and balance sheets
- Handle accruals and depreciation
- Interpret what the numbers mean
What the course covers
6 modules · 24 topics, taught in live sessions with your tutor
- What accounting is for
- The accounting equation
- Debits and credits
- Types of account
Requirements
- Comfortable with basic arithmetic
- No prior accounting needed
- A notebook or spreadsheet
Description
Accounting makes sense once the double entry system clicks, and is bewildering until then. This course spends time on that single idea before moving to statements and analysis.
Who this course is for
- Students starting accounting courses
- Small business owners managing their own books
- Professionals needing financial literacy
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