Introduction To Financial Accounting And Bookkeeping For Beginners
This course covers such topics as the accounting equation, the double entry system, debits and credits (a challenging area for newcomers!), the matching principle concept, inventory valuation: First in, First out (FIFO), Last in First out (LIFO), Specific Identification and Weighted Average methods. Depreciation charts explain and show the difference between straight-line depreciation, double declining balance, sum of the year's digits and units of production. Depletion and Amortization are also discussed. We look into assets, liabilities and equity accounts (including contra-asset accounts), T-accounts, prepaid expenses, bank reconciliation, petty cash, posting transactions, adjusting entries, financial statements, closing entries, post-closing trial balance, ratio analysis and much more. An important accountant's worksheet is presented that greatly simplifies the preparation of financial statements. Learn how to prepare and read the statement of Cash Flow to extract meaningful information about a company's financial position.
Upon completion: Certificate Option

About the School:

UniversalClass is committed to providing the highest quality educational content in their online courses.  Over 3,000 instructors from all around the world use the service to instruct over 50,000 students completely online.

Course Delivery: Online

Introduction to QuickBooks Bookkeeping
This introductory course covers bookkeeping fundamentals, then shows you an easy way to setup your organization in QuickBooks. Students learn how to setup the chart of accounts, post income and expense items, enter credit card transactions, work with balance sheet accounts, reconcile bank and credit card accounts, and interpret financial reports.
Upon completion: Certificate Option

About the School:

UniversalClass is committed to providing the highest quality educational content in their online courses.  Over 3,000 instructors from all around the world use the service to instruct over 50,000 students completely online.

Course Delivery: Online

Accounting and Finance: An Introduction
Learn the language of business--accounting and finance. This is an introductory course that will provide you with the necessary skills of understanding accounting and finance. Grow in your career by increasing your knowledge, terminology and business tools. There are five lessons and numerous Excel templates useful to the accounting and business professions. We will cover financial statements, depreciation, inventory management, Generally Accepted Accounting Principles (GAAP), the role of the outside auditor and more! We have also added a class discussion on accounting scandals and ethical challenges. No text to buy! All materials included. Enroll today!
Upon completion: Certificate Option

About the School:

UniversalClass is committed to providing the highest quality educational content in their online courses.  Over 3,000 instructors from all around the world use the service to instruct over 50,000 students completely online.

Course Delivery: Online