The Basics of Business Accounting

Beginning to intermediate accounting for the non-finance professional

4.70 (452 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
The Basics of Business Accounting
1,824
students
2.5 hours
content
Feb 2024
last update
$79.99
regular price

What you will learn

The ability to understand and interpret financial statements

Balance Sheets, Income Statements, Cash Flow Statements and Statements of Owners' Equity

The fundamentals of Accural Accounting

Key accounting concepts such as Depreciation, the Fundamental Accounting Equation, Revenue Recognition, Assets, Liabilities, and much more.

Terminology like SG&A, Amortization, Unearned Revenue, Current and Non- Current Liabilities, Fixed Assets, and much more.

Why take this course?

The Basics of Business Accounting starts at the very beginning introducing the student to essential accounting principles and concepts that apply to any business or industry.  Through this course, the student will learn to interpret the key sections of the Four Main Financial Statements:

  • Balance Sheet

  • Income Statement

  • Cash Flow Statement

  • Statement of Owners' Equity

Students will learn to apply the Fundamental Accounting Equation, and other vital accounting concepts such as depreciation, revenue recognition, accrual accounting, cash flow, and many others.

The Basics of Business Accounting will add the crucially important skills of understanding, interpreting and building financial statements to your existing business and management skill base.

Read what students have said about "The Basics of Business Accounting":

"Ray has done a great job by teaching a robust approach to accounting that has ranged from its history to practical development and application." - Dion B.

"Using simple real life example to teach accounting to a non-accounting audience" - Anish J.

"This class was very good. Love the balance sheet and income statement. Thank you so much for your time." - Leavon R.

"It's a good review of accounting basics. A good refresher from my accounting class from years ago." - Kris S.

"For someone who has very little experience, the material is presented in a way that is very easy to understand." - Laura H.

"I really enjoyed this class. Ray makes understanding concepts which I typically struggle with seem easy. I would highly recommend taking this class if you want to learn the basics of accounting." - Deanna G.

Screenshots

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Reviews

Faruk
February 8, 2024
covered All the aspect of the basics of accounting statements and not the basic accounting concept . if one is good with the basic accounting concepts go for it . good to know information.
Gabiba
January 23, 2024
Wow, amazing... I am really rying to grip all the knowledge shared, thank you. Yes, ofcourse.... Learning much and understanding better now,
Leavon
January 2, 2024
This class was very good. Love the balance sheet and income statement. Thank you so much for your time.
Watcharee
November 20, 2023
I got many knowledge and understanding of accounting from this course. The document is easy to understand and have a quiz to check our understanding at the end of each part. Awesome!!
Ryan
May 25, 2023
Very good class to get a broad base understanding of accounting concepts. Lost a star and a half due to some errors/confusion amongst the questions. One question asked of the sections of an income statement, operating, investing, and blank....etc. That's a cash flows statement. Another asked about the cash impact of an AP transaction, this was before the cash flows section. While an AP transaction would have an impact on the cash flows statement, it would not have an impact cash wise on the balance sheet, at least from a journal entry standpoint.
Amit
February 10, 2023
Good quality of teaching. Bit more hands-on could've been done. Like building the statements from scratch.
Hasabelrasul
September 21, 2022
I didn’t mean to leave the rating but my finger went the wrong direction and l assure you my rating is more than the maximum
Laura
October 26, 2021
For someone who has very little experience, the material is presented in a way that is very easy to understand.
Vikas
July 4, 2021
I am from engg background find very difficult to understand the pl sheet and balance sheet. Content which is explained is very clear and easily understandable.
Deanna
November 5, 2020
I really enjoyed this class. Ray makes understanding concepts which I typically struggle with seem easy. I would highly recommend taking this class if you want to learn the basics of accounting.
Arijit
August 25, 2020
Yes lectures are very well explained. I am learning new things which would probably help me in the future.
David
June 26, 2020
Absolutely the best! Well explained with laymen terms; which is most helpful when learning these concepts. Highly recommend!
Dion
March 18, 2020
Ray has done a great job by teaching a robust approach to accounting that has ranged from its history to practical development and application.
Marissa
December 10, 2019
This was a great introductory class. I felt that the instructor gave good, real examples that can be immediately applied. I would recommend this class for beginners.
Veronica
September 19, 2019
The topics are broken down in a way that is natural and easy to understand. Very relatable with real world examples.

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1517570
udemy ID
1/19/2018
course created date
11/23/2019
course indexed date
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