4.71 (7 reviews)
☑ Students will learn the entire aspects of accounting from basic to advance, and the full practical techniques of preparing Financial Statements.
☑ Learn the basic of Bookkeeping and its importance
☑ Understand Accounting and its characteristics
☑ Overview the relationship between Accounting and generating profit
☑ Master the fundamental principle in accounting: Debit (Dr) and Credit (Cr)
☑ Gain knowledge of T-Accounts and Journal Entries
☑ Understand the Accounting Cycle
☑ Acquire full knowledge of the main Financial Statements and all their elements and principles
☑ Overview the Accounting matching concept
☑ Learn the crucial Balance Sheet equation in simple steps and with the use of practical examples
☑ Master the logic behind Debit and Credit and acquire full confidence on when to Debit or credit a transaction
☑ Learn all the necessary techniques to build up an entire set of Financial Statements from scratch.
☑ Understanding the crucial difference between Profit and Cash Flow.
☑ Go through strategies to overcome Cash flow problems.
Why Bookkeeping and Accounting?
As Investor Warren Buffett (One of the richest man in the planet) famously said, accounting is the language of business and you have to be as comfortable with that as you are with your own native language to really evaluate businesses.
After all, business is about making money, and without accounting you would never be able to measure the performance of a business.
If you cannot measure performances, how would you know whether or not you are on the right track?
Accounting is the path to profitability
Accounting allows you to analyse a company, evaluate its performance, secure a loan if needed, plan business strategies and attract investors.
Main reason why you should enrol in this course
This course in structure in a friendly and very easy to understand way - it will provide you with the practical techniques required to understand the full accounting cycle and gain the confidence needed to pass your exams with top marks, secure a top job, obtain a promotion or be a successful entrepreneur.
The knowledge you will gain from this course will open the path/doors to a successful career, gain the highest marks if you are a student, or to a profitable business if you are an entrepreneur.
Anything you will learn from this course will remain with you for ever; there are many things we lose in life but no one can take away your knowledge from you, and knowledge is power and the key to success.
You will learn from an instructor of this course (Me!) who has gained over 15 years first-hand experience in small and medium organisation as well as multinational corporations and who has a passion to share that valuable experience and knowledge.
The course is presented in high quality videos with interesting animations to keep audience engaged and for an easy learning experience.
The animations are matched to the contents which help the students visualizing the meaning of the lectures.
If you are a student and want to pass your exams with the highest marks then this course is definitely for you - after all, I guided colleagues during my university studies to achieving his highest marks ever.
If you are an entrepreneur, you must enrol in this course - you will learn all the key elements of accounting and when attending a meeting you will be able to actively participate and engage in the business strategies.
And finally just a reminder that the course comes with Udemy’s 30-day unconditional money-back-in-full guarantee - I am so confident you will love this course that giving you a guarantee is my last worry!
Enrol today and you will remember this wise decision for ever in your life!
Why choosing this course and why it stands out of the crowd?
The Accounting, Financial and Cash Flow Analysis is an amazing comprehensive step-by-step Course; it will guide you from the most basic concept in accounting all the way up to the most advanced concepts and techniques in accounting.
The instructor of this course (Me!) is a professional Chartered Certified Accountant who has gained over 15 year experience in small and medium organisations as well as multinational corporations. I have also worked as an auditor for over three years in one of the top 5 Accounting firms in the World.
I started my career in Accounting at the Crown Estate; the Crown Estate is the organization managing Her Majesty's The Queen and Royals properties in the United Kingdom.
The course includes several practical course studies which shows theories put into practice.
Great support from my side - if anything is not clear you can contact me and I will answer as soon as I can.
You will learn from an instructor who loves sharing his experience and passion for accounting with any human in this planet.
Let's start this amazing journey together!!! Enrol today!!!
Introduction to Bookkeeping and Accounting
Understanding Bookkeeping: a complete overview
Typical activities involved in Bookkeeping
Limitations and advantages of Bookkeeping
Understanding Accounting: a complete overview
Why do we need Accounting? What are it's objectives?
Reasons why we need Accounting
The key quality Characteristics of Accounting and types of Accounting
Types of Accounting
Hidden relationship between accounting and cash
The fundamental principle in accounting explained
The fundamental principle in accounting: DR & CR
Fundamental principle in accounting
Understanding the Accounting Cycle
The Five steps of the Accounting Cycle explained
The Accounting Cycle presented in a Chat
The five steps of the accounting cycles
Overview of Financial Statements
The four Financial Statements everyone should be aware of
Overview of the key Financial Statements
The main Financial Statements
Income Statement (Profit & Loss)
The Income Statement (Or Profit & Loss) Explained
Income Statement (Or Profit & Loss)
Revenue and its recognition principle explained with easy to understand examples
Direct Costs or Cost of Goods sold (COGS) explained with practical examples
Operating Costs explained with practical examples
The Structure of the Income Statement
Statement of Financial Position (Balance Sheet)
The Statement of Financial Position (Or Balance Sheet) explained
The main elements of the Balance Sheet: Assets and Liabilities
So, why the Balance sheet must balance? This is explained with basic and clear p
Statement of Financial Position
Balance Sheet Equation
Elements of the Statement of Financial Position (Or Balance Sheet)
Reason why a Balance Sheet must balance
How do we know whether to Dr or Cr a transaction? Understanding Dr and CR in dee
Dr or Cr transactions: A visual overview of the accounts categories
A visual overview on how to apply Dr and CR easily
The logic behind DR and CR explained with practical examples
The impact of DR and CR entries on Retained Earnings
DR and CR applied with practical examples
Dr or Cr a transaction
Reasons why DR must equal CR
Contra accounts in Dr and CR
Practical Exercises: Apply the 5 Steps of the Accounting Cycles
Practical Examples - Part 1
Practical Examples - Part 2
Practical Examples - Part 3
Step 2: Journals Entries
Step 3: Create a General Ledger
Step 4 Building up a Trial Balance (TB)
Step 5 Preparation of Financial Statements
Understanding the crucial difference between Profit and Cash Flow
What's the difference between Profit and Cash? A crucial revelation for owners.
Profits vs Cash: how can a business be profitable and end up with no Cash?
Accrual Basis Accounting: Practical Examples
Profits Vs Cash: Other impacts with practical examples
Reasons for business failure
Difference between Profit and Cash Flow
Difference between Cash Basis Accounting and Accrual Basis Accounting
Strategies to overcome Cash Flow problems
Good cashflow management
Applying strategies to overcome Cash Flow problems
Strategies to overcome Cash Flow problems
Statement of Cash flow
The Statement of Cash Flow and types of Cash Flow Methods
The three main areas of Cash Flow and observations
Step 5 Statement of Cash flow - Practical example.
Statement of Cash Flow
Areas of the Cash Flow Statement
Statement of Changes in Equities
The Statement of Changes in Equities and its purposes
Preparing the Statement of Changes in Equities
Step 5 Statement of Changes in Equities - Practical example
Statement of Changes in Equities
The instructor is very enthusiastic about his material and is able to explain things very well. His classes seem to cover the main notions around the topic and the general technical quality of this course cannot be criticised. The questionnaires at the end of each topic are really useful for testing our knowledge.
Highly recommended! As a junior accountant, I find this course extremely refreshing and helpful. The content is relevant and well structured. I also love how prompt and friendly Ciro is in replying to my questions.
Very good course. The instructor explains all the topics in details and the sections about debit and credits are great because he explains how to apply them very well. The practical examples on how to create financial statements are super helpful too. A strongly recommended course.