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Fundamentals of Accounting - A Complete Study

Welcome to Fundamentals of Accounting - A Complete Study Course! This is one of the comprehensive course in Fundamentals of Accounting covering theory as well as practice. In this course, you will learn the Fundamentals of Accounting, step by step covering vast areas of accounting.

  • 2000
  • 15000
  • Course Includes
  • Over 200 Sessions
  • 130 Course Videos
  • Free Certificate of Completion


What you will learn

  • Understand Book Keeping, Objectives and Advantages
  • Understand need and importance of Accounting
  • Understand Accounting Process, Accounting Cycle
  • Understand Users of Accounting Information
  • Understand Branches of Accounting
  • Understand Basic Accounting Terms
  • Understand Accounting Assumptions, Concepts and Principles
  • Understand Rules of Accounting

Requirements

  • No basic knowledge is required. Anyone that is ready to learn new things and be exposed to the world of accounting is welcomed.

Description

Over 200 sessions with 130 videos. This online course on accounting is one of the most robust you can find on the web. It details the core areas of accounting and provides the necessary guidance and analysis required to impact students to become highly knowledgeable in the accounting field. 

Welcome to Fundamentals of Accounting - A Complete Study Course! This is one of the comprehensive course in Fundamentals of Accounting covering theory as well as practice. In this course, you will learn Fundamentals of Accounting, step by step covering the following: Section

1: a) Introduction to Accounting;  b) Book Keeping; c) Accounting – Objectives and Process; d) Accounting Cycle; e) Accountancy, Accounting and Book Keeping; f) Users of Accounting Information; g) Branches of Accounting; h) Basic Accounting Terms; i) Basic Assumptions in Accounting; j) Basic Concepts in Accounting; k) Modifying Principles of Accounting; l) Accounting Standards; Section

2: m) Double Entry System in Accounting; n) Accounting Equation; o) Golden Rules of Accounting; Section

3: p) Source Documents; q) Cash Memo; r) Invoice; s) Receipt; t) Debit Note; u) Credit Note; v) Pay in Slip; w) Cheque; x) Vouchers; Section

4: y) Books of Original Entry; z) Journal and Format aa) Steps in Journalising; bb) Journal Illustrations; cc) Compound Journal Entry; Section

5: dd) Ledger; ee) Utility of Ledger; ff) Format of Ledger; gg) Posting; hh) Procedure for Posting; ii) Posting of Compound Journal Entry; Jj) Posting the Opening Entry; kk) Balancing an Account; ll) Significance of Balancing; mm) Balancing of Different Accounts; Procedure for Balancing; Section 6 - covering Trial Balance and Final Accounts. This course is structured in a self-paced learning style. Video lectures are used for delivering the course content. Take this course to create a strong foundation in the fundamentals of accountancy.

Course Content

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01 Need and Importance of Accounting
5min
02 Book Keeping and objectives
5min
03 Advantages of Book Keeping
6min
04 Accounting and Objectives
5min
05 Accounting Process
6min
06 Accounting Cycle
4min
07 Accountancy Accounting Book keeping
2min
08 Relationship Acty Ac Bk
2min
09 Diff between Accounting Book Keeping
3min
10 Users of Accounting Information
4min
11 Branches of Accounting
3min
12 Transaction
4min
13 Capital
2min
14 Assets
2min
15 Liabilities
2min
16 Drawings
1min
17 Debtors and Creditors
3min
18 Purc Sales and returns
3min
19 Voucher and Invoice
2min
20 Account
2min
21 Basic Assumptions in Accounting
6min
22 Basic Concepts in Accounting
9min
23 Fundamental Principles of Accounting
7min
24 Double Entry System Introduction
4min
25 Double Entry Features
3min
26 Classification of Accounts
7min
27 Eg for classification of accounts
6min
28 Golden Rules of accounting
2min
29 Basic Accounting Procedures Final
3min
30 Cash Memo and Invoice
4min
31 Receipt
2min
32 Debit and Credit Notes
3min
33 Pay in Slip and Cheque
4min
34 Voucher
1min
35 Accounting Equation
4min
36 Accounting Equation simple eg
4min
37 Accounting Equation Comprehensive Example
11min
38 Rules for Debiting and Crediting
9min
39 Books of Original Entry
4min
40 Steps in Journalising
8min
41 Journalising Comprehensive Examples
15min
42 Capital and Drawings
5min
43 Bank Account Transactions
8min
44 Compound Entry
7min
45 Ledger
5min
46 Utility of Ledger
5min
47 Ledger Format
8min
48 Ledger for real personal nominal accounts
7min
49 Posting and Procedure
5min
50 Ledger Case Study 1
6min
51 Ledger Case Study 2
15min
52 Posting of Compound Entries to Ledger
7min
53 Posting Openign Entry in Ledger
4min
54 Balancing an Account
9min
55 Balancing of Different Accounts
4min
56 Procedure for Balancing
6min
57 Diff btwn Journal and Ledger
4min
58 Subsidiary Books need and advantage
10min
59 Purchase Book
6min
60 Case Study on Purchase Book
8min
61 Sales Book
3min
62a Sales Book Case Study
7min
63 Return Books
3min
64 Purchase Return Book
5min
65 Purchase Return Book Case Study
6min
66 Sales Return Book
4min
67 Sales Return Book Case Study
7min
68 Bill of Exchange
7min
69 BoE Technical Terms Part I
6min
70 BoE Technical Terms Part II
5min
71 BoE Technical Terms Part III
4min
72 Bills Books
3min
73 Journal Proper
9min
74 Methods and formats of TB
7min
75 Trial Balance Case Study
8min
76 Errors in Accounting
5min
77 Error of Principle
5min
78 Error of Omission
5min
79 Error of Commission
8min
80 Compensating Errors
3min
81 Errors and Trial Balance
3min
82 Case Study on Errors and effect on TB
19min
83 Steps to Locate Errors
5min
84 Suspense Account
3min
85 Case Study Suspense Account
4min
86 Rectification of Errors
8min
87 Case Study 1 Rectification of Errors
4min
88 Case Study 2 Rectification of Errors
6min
89 Case Study 3 Rectification of Errors
7min
90 Case Study 4 Rectification of Errors
11min
91 Case Study 5 Rectification of Errors
4min
92 Case Study 6 Rectification of Errors - Copy
4min
93 Case Study 7 Rectification with Suspense AC
9min
07 Provision for Bad and Doubtful Debts
6min
15 Final Accounts Case Study 4
24min
01 Introduction to Final Accounts
preview 17min
02 OUTSTANDING EXPENSES AND PREPAID EXPENSES
10min
03 ACCRUED INCOME AND INCOME RECEIVED IN ADVANCE
16min
04 INTEREST ON CAPITAL AND DRAWINGS
16min
05 FINAL ACCOUNTS BAD DEBTS
4min
06 Depreciation
5min
08 BAD DEBTS PROVISION FOR BAD DEBTS AND DISCOUNT ON DEBTORS
9min
09 Provision for Discount on Debtors
5min
10 Problem on Provision for Bad and Doubtful Debts
19min
11 PROBLEM ON PROVISION FOR BAD AND DOUBTFUL DEBTS
9min
12 Final Accounts Case Study 1
27min
13 Final Accounts Case Study 2
26min
14 Final Accounts Case Study 3
21min
16 PROBLEM ON PROVISION FOR BAD AND DOUBTFUL DEBTS
7min
17 Final Accounts Case Study 5
4min
18 Final Accounts Case Study 6
4min
19 Final Accounts Case Study 7
4min
20 Final Accounts Case Study 8
4min
21 Final Accounts Case Study 9
4min
22 Final Accounts Case Study 10
4min
23 Final Accounts Case Study 11
5min
24 Final Accounts Case Study 12
5min
25 Final Accounts Case Study 13
2min
26 Final Accounts Case Study 14
3min
27 Final Accounts Case Study 15
2min
28 Final Accounts Case Study 16
4min
29 Final Accounts Case Study 17
4min
30 Final Accounts Case Study 18
6min
31 Final Accounts Case Study 19
10min
32 Final Accounts Case Study 20
5min
33 Final Accounts Case Study 21
6min
Mission I Preparing Financial Statements
preview 5min
Mission I Preparing Financial Statements with Numbers
5min
Mission I Preparing Financial Statements RM Stock
6min
Mission I Preparing Financial Statements comprehensive
13min
Mission II Debit and Credit
15min
Mission II Accounting Equation
4min
Mission III Golden Rules of Accounting Introduction
10min
Mission III Understanding Personal Account Rule
4min
Missing III Understanding Real Account Rule
3min
Mission III Nominal Account Rule
3min
Mission III Golden Rule Summary
1min