Accounting 1 Simplified for You

Your no-nonsense guide to understanding accounting principles in easy to follow explanations and step-by-step examples.

4.58 (1477 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
instructor
6,852
students
2.5 hours
content
Nov 2014
last update
$69.99
regular price

What you will learn

Design an accounting information system for a small business

Identify, classify and journalize the transactions of small business start up.

Prepare adjusting entries, generate a trial balance and maintain the general ledger.

Prepare financial statements - Income Statement, of Owner's Equity, Balance Sheet & Statement of Cash Flows

Understand and apply the value of financial information in managing a business.

Discover career opportunities in accounting

Appreciate and apply the value of accounting in your career

Description

Accounting 1 Simplified for You - is a unique, no-nonsense and meaningful way of understanding accounting basics by illustrating how business transactions are recorded in simple terms and step-by-step easy to follow exercises. Discover how easy it is to prepare financial statements and design your own accounting information system.

Empower yourself with the advantage of knowing and understanding your organization's economic conditions through financial statements. Possess the ability to convert data into information that is meaningful to you. Convert your fear in accounting to confidence based on understanding the "jargon" in your own terms. Sharpen your analytical skills and empower yourself with understanding accounting for your business.

In this class, you will have a series of thoughtfully prepared video lectures, using real-life business examples and practice exercises after each section to reinforce your learning. Dr. Jacinto promotes and encourages lively discussions and feedback sessions. All your questions directly related to the topic will be answered within 24 hours. This course is ideal for college business and accounting students, bookkeepers, business owners, managers and anyone who wants to better understand accounting in business in a way that makes sense to you. This is an excellent study guide and supplement for students in accounting and those who are looking for a quick refresher. This course is an excellent complement to Accounting 2 Simplified You.

Content

Understanding Business, Making Decisions and Accounting Basics

How does business work? What do I need to know?
What is Accounting? Role of accounting and ethics in business. GAAP
Test your Knowledge

Discover how it's done in a real business setting.

Setting the stage and sample company text
Accounting Equation and Recording business transactions. New company setup
Financial Statements and the reporting process.
Test your Knowledge

Let's design the accounting system for your business.

Chart of Accounts
Journalizing transactions. Rules of Debits and Credits
General Ledger - keeping track of account balances
Preparing a trial balance report for what purpose?
Test your Knowledge

Cash versus Accrual. Adjusting Entries & Financial Statements

Cash versus Accrual. Adjusting Entries
CONCLUSION - Financial Reports preparation, sequence and analysis.
Test your Knowledge

Career Opportunities in Accounting

Explore opportunities in the accounting field

Screenshots

Accounting 1 Simplified for You - Screenshot_01Accounting 1 Simplified for You - Screenshot_02Accounting 1 Simplified for You - Screenshot_03Accounting 1 Simplified for You - Screenshot_04

Reviews

Robert
January 31, 2023
The main focus of this course was gearing all the chart accounts (journal, general ledger and trial balance) towards the financial statements which I appreciated. I left here understanding the rules of debits and credits more, something which I previously struggled with. The owner's equity subdivided into capital + sales revenue - expenses was also gave me insight into the bigger picture as this was never really covered in this way in other courses.
Jonathan
November 17, 2022
Intro and outro music is way too loud, especially when compared to the instructor's voice. I felt that the material could've done with more in-depth explanations, but overall, the course was well presented and easy to follow.
Jennifer
August 31, 2022
The course is very easy to understand and it is well laid out. This is like a refresher course for me. Purchased 2 more of Majo's courses, that is the Accounting 2 Simplified for you and US Income Taxes - Income Tax Preparation Simplified for You. Thank you Majo!
Potnuru
August 15, 2021
I'm a B School graduate and I learnt in 2 hrs from this instructor what I couldn't learn from my teacher in 30hrs. Taught in a simple and understandable way.
Natasha
March 30, 2016
I really learned a lot from this course. Easy to follow along, and I got so much information, that was easy to understand. I am ready to take the next class!
Nobuhle
March 15, 2016
Tax laws reference is for USA only. There should be a global reference as these modules are intended to be studied by students from all over the world.
Maria
January 3, 2016
The way the instructor explains it, it allows even non-accountants to understand what the process is. Her examples are simple to follow.
Michael
November 10, 2015
Very informative course that served as a great refresher for me but also would serve as a great learning tool for beginners. Dr.Jacinto always knows how to break things down in a simplified way to ensure understanding and retention highly recommend this course!
Darlene-Marie
September 18, 2015
The instructor scores high marks in all areas: knowledge, organization, pace of class. Very useful.
Tamilazhagan
August 22, 2015
A great course for some one from Non Accounting background like me. She explained the concepts with appropriate examples
Rebecca
June 14, 2015
I decided to take the course as I was struggling to understand aspects of my job. This course went into the basics and Dr Jacinto explained things very well. I'm stupid and I left feeling I understood it.
Nicolette
April 17, 2015
The Accounting 1 Simplified for You has helped me extremely. Before watching this supplement I really did not understand Accounting and what it was about. The only thing I knew was that "Expenses are always debits" because thats that only thing my Accounting professor ever explained to us. Being an accounting major I needed more and Dr. Majo Jacinto's Accounting 1 Simplified for You videos did just that and I can't thank her enough for the amazing effort put in to these videos just to help students understand the base of Accounting. These videos have truly helped me start somewhere and I can't wait to move forward and learn more from her other videos.
Garrett
February 25, 2015
I have finished accounting one and I have gained a major understanding of accounting and the process of journalizing. I am highly satisfied with this course due to the fact that you can click "play" and "pause" at your own will. This allows me to write down important notes without missing a single word the Professor said. Professor Jacinto has simplified accounting to the point where anybody would understand it if they choose to take this course. I will move on to accounting 2 thanks to this learning process presented in Accounting 1 Simplified for You!
Antonio
February 22, 2015
After taking this class it truly is a refresher. Dr. Jacinto is clear and concise in breaking down all of the components included in the accounting equation. The videos are very well prepared and easy to follow with detailed instructions and descriptions of the content that is discussed.
Paul
February 17, 2015
The Course for Accounting 1 Is helpful in understanding where the accounts and numbers fall into place.

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Related Topics

317572
udemy ID
10/11/2014
course created date
4/14/2021
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