get app

    Financial Accounting - #1 Ranked University: Course 1 of 5

    BY
    Udemy

    Learn Accounting from the self-made millionaire recognized by the President of the United States for outstanding teaching

    Brochure Enquire
    Mode

    Online

    Fees

    ₹ 649 4099

    Quick Facts

    particular details
    Medium of instructions English
    Mode of learning Self study
    Mode of Delivery Video and Text Based

    Course overview

    Financial accounting is the systematic recording, classification, summary, analysis, and reporting of business transactions. The primary objective is to reveal a business's profits and losses. Financial accounting provides an accurate and fair assessment of a company. Consequently, it protects the interests of stakeholders. Financial accounting encompasses the documentation of financial transactions such as purchases, sales, receivables, and payables. For creating income statements, cash flow statements, balance sheets, and shareholder's equity statements, accountants adhere to the generally accepted accounting principles (GAAP). Financial Accounting - #1 Ranked University: Course 1 of 5 online certification, is made available by Udemy to candidates who want to take charge of their own financial future

    Financial Accounting - #1 Ranked University: Course 1 of 5 online training comprises 28 hours of video content, four article, and twelve downloadable resources are included. Individuals who complete the course can access the materials indefinitely and print a digital certificate. 

    Financial Accounting - #1 Ranked University: Course 1 of 5 online classes consists of an introduction to financial accounting, statements, accounting cycles, sales revenue, an Introduction to accounting for inventory, income statement format, and long-term operating formats.

    The highlights

    • 28 Hours of On-Demand Video
    • Full Lifetime Access
    • Four Article
    • Twelve Downloadable Resources
    • Access on Mobile and TV
    • Certificate of Completion

    Program offerings

    • Online course
    • Learning resources
    • 30-day money-back guarantee
    • Unlimited access

    Course and certificate fees

    Fees information
    ₹ 649  ₹4,099
    certificate availability

    Yes

    certificate providing authority

    Udemy

    What you will learn

    Accounting proficiency

    After completing the Financial Accounting - #1 Ranked University: Course 1 of 5  certification course, the aspirant will explore what is business, what are the legal forms of business ownership, financial accounting, management accounting, the balance sheet, the income statement, asset valuation, debits and credits, examples of journal entries, posting to the general ledger, trial balance, and why? The candidate will learn account analysis and accrual accounting. The student will obtain knowledge of adjusting entries, closing entries, and sales revenue, as well as an introduction to inventory accounting, the format of the income statement, payroll tax, and other operating expenses.

    The syllabus

    Meet Your Instructor and Introduction to Course

    • Why Study Accounting?
    • Meet Your Instructor and Introduction to Course

    Introduction to Financial Accounting

    • What is a Business? | Keys to a Successful Business
    • Debt vs. Equity Financing | Financial vs. Managerial Accounting
    • General Financial Statements | Comparable Information | The Role of GAAP
    • Legal Forms of Business Ownership | Corporate Governance |Business is Good

    General Purpose Financial Statements

    • Introduction to the Financial Statements |Balance Sheet | Stephen's Sweet Shop
    • The Income Statement | Revenues Defined | Expenses Defined
    • Expanded Equation
    • Relationship of Statements | Financial Statement Formats
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5
    • Practice Problem 6
    • Practice Problem 7
    • Practice Problem 9

    Accounting Cycle Part One

    • Asset Valuation
    • Debits & Credits | Journal Entry Examples
    • Posting to the General Ledger
    • Trial Balance: What and Why? | Income Statement |Statement of Retained Earnings
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5

    Accounting Cycle Part Two

    • Common Ending Account Balances
    • Accrual Basis Accounting | Revenue Recognition Principle | Accrual vs Cash Basis
    • Adjusting Entries | Prepaid Expense Examples | Unrecorded Expenses and Revenues
    • Closing entries | Real vs. Nominal Accounts | Closing Entry Example
    • Account Analysis Examples
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5
    • Practice Problem 6

    Financial Practice Set

    • Financial Practice Set - Introduction and Objectives
    • Introduction
    • Financial Practice Set form
    • Purpose of Exercise, Business Information, Requirement, Enclosures
    • Enclosures Continued, Subsidiary Ledger, Record Transaction, Special Journals
    • Using a Special Journal
    • Transactions Continued, General Journal, Trial Balance, Conclusion
    • Transactions continued, General Journal, Trial balance,
    • Financial Practice Set Solution

    Sales Revenues

    • Introduction of Melissa Larson, PhD
    • Sales Revenue
    • Accounting for Uncollectible Accounts
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5
    • Practice Problem 6
    • Practice Problem 7
    • Practice Problem 8

    Inventory

    • Introduction to Accounting for Inventory
    • Purchase Discounts and Returns of Inventory
    • Inventory Cost Flows
    • Effects of Inflation and Deflation
    • Application of FIFO, LIFO, MWA
    • Physical Inventory Count and Recap
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5
    • Practice Problem 6
    • Practice Problem 7

    Operating Expenses and Internal Controls

    • Income Statement Format
    • Payroll Tax
    • Other Operating Expenses
    • Internal Controls
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3

    Long Term Operating Assets

    • Introduction to Long-Term Assets
    • Acquisition of an Asset
    • Allocation of the Cost of an Asset (expense over useful life)
    • Repairs, Maintenance and Improvements of Assets
    • Sale or Disposal of Asset
    • Practice Problems: Long-Term Assets
    • Intangible Assets
    • Practice Quiz 8A
    • Goodwill
    • Natural Resources and Practice Questions
    • Practice Quiz 8B
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5
    • Practice Problem 6
    • Practice Problem 7
    • Practice Problem 8

    Debt and Equity Financing

    • Notes Payable
    • Mortgage Notes Payable
    • Bonds Payable
    • Common Stock
    • Preferred Stock
    • Dividend Payments
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5
    • Practice Problem 6

    Financial Statement Analysis

    • Measures of Liquidity
    • Measures of Leverage
    • Measures of Management
    • Measures of Profitability
    • Measures of Stock Value
    • Vertical Analysis
    • Practice Problem 1
    • Practice Problem 2
    • Practice Problem 3
    • Practice Problem 4
    • Practice Problem 5
    • Practice Problem 6
    • Practice Problem 7
    • Practice Problem 8
    • Practice Problem 9
    • Practice Problem 10
    • Practice Problem 11
    • Practice Problem 12

    Instructors

    Mr Norm Nemrow
    Professor
    Freelancer

    Other Masters

    Trending Courses

    Digital Marketing Courses Fashion Design Courses Data Science Courses Interior Design Courses Graphic Designing Courses Cyber Security Courses Nursing Courses Tally Courses Data Analysis Courses Web Designing Courses Artificial Intelligence Courses Ethical Hacking Courses Free Digital Marketing Courses And certifications Free Artificial Intelligence Courses And Certifications Free Data Analysis Courses And Certifications Free Cyber Security Courses And Certifications Free Data Science Courses And Certifications Free Cloud Computing Courses And Certifications Free Python Courses And Certifications Free Fashion And Textiles Courses And Certifications Free Graphic Designing Courses And Certifications Free Web Designing Courses And Certifications

    Popular Courses

    General Management Courses Public Health Courses Teaching and Education Courses Financial Management Courses Web Development Courses Mathematics Courses Programming Courses Cyber Security Courses Data Science Courses Law Courses Digital Marketing Courses Mechanical Engineering Courses Explore all courses

    Popular Platforms

    upGrad Courses Udemy Courses Edx Courses Swayam Courses Coursera Courses Futurelearn Courses Mindmajix Technologies Courses Vskills Courses NPTEL Courses IIT Kharagpur Courses Emeritus Courses IIT Kanpur Courses Explore all platforms

    Learn more about the Courses

    10 Reasons to Enrol Yourself in a Digital Marketing Course 8 Must-Have Skills for AWS Cloud Architects Planning to Upskill Yourself? Enrol for a Program in Data Science 25+ Tips for Improving Your Graphic Design Skills Top Universities in India Offering Cyber Security Courses 15+ Courses for Learning Data Mining How to Make a Career in the Field of Artificial Intelligence Top 10 Benefits Of Holding A Certification In Business Intelligence Which are the best certification courses for Photography in India A Beginner's Guide to Pursue Python Programming Want to Pursue a Career in Blockchain Technology? Here is all that you need to Know How Entrepreneurs Can Use Machine Learning to Make their Business Successful? The Scope of Artificial Intelligence in India Top 10 Online Courses for Travel Lovers 10 Best Certification Courses After Hospital and Healthcare Management
    Providers
    Close

    Download the Careers360 App on your Android phone

    Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

    Careers360 App
    150M+ Students
    30,000+ Colleges
    500+ Exams
    1500+ E-books