The Easy Accounting Course - Learn Accounting in Seven Days
- 4.4
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Brief Introduction
Learn from a Chartered Accountant with four decades of experienceDescription
This course is on Accountancy, the language of business. It covers the basics and some aspects of intermediate level. It is neither too short nor to long, tuned for the youngsters keeping their attention span in mind. There are more than 2.5 hours of lecture videos in 32 lectures, of which two are bonus lectures. More lectures could be added in future. This is for the beginners and all curious minds, who want to have some working knowledge of accountancy. Accountancy is not as difficult as mathematics, it is easier than arithmetic, as it has only two aspects, plus and minus, debit and credit. If one understands the basics of accountancy, the rest is a cake walk. I have divided this course into four parts. They are not necessarily equal in size. First, I shall discuss very briefly how accounting evolved historically. Then in the second module, I shall deal with some of the basic concepts of accounting. In the third module, we shall be practicing accounting with the help of accounting equations without passing any entry in the books of accounts. This will be done using plus and minus signs. The words "Debit" or "Credit" will not be uttered even. This will help us to understand the all-pervading basic accounting equation, which is " Capital + Liabilities = Assets". This will also remove fear from the mind, about accountancy, as a subject, which some students have. The last module will be devoted to core of accounting, starting from creation of Journal to generation of Income Statement and Balance Sheet of an imaginary business. Even some elements of income tax calculation based on book profit will be discussed. Thereafter, we shall analyze the Income Statement and Balance Sheet to understand the financial situation of our imaginary business, and thus we shall end up using accounting ratios. High quality presentations are used to explain all the concepts. Resources are provided in the form of downloadable pdf, JPG and Excel files. Assignments and MCQs as appropriate, are given. The course has been designed with lot of care. Lectures must be followed sequentially, to derive the highest benefit. I am always available through the Udemy system to answer queries that a student may have. Let us say "Happy accounting!"
Requirements
- Requirements
- There is no prerequisite for the course. Any one with interest to learn accountancy can join the course
CA. Pradip Kumar Ghosh
4.4 Raiting
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