What you'll learn

We will discuss what accounting is and whey is it used
We well learn to record transaction using the accounting equation
We will record transactions using debits and credits
We will describe the adjusting process
We will discuss the categories of adjusting entries
We will create an adjusting entry worksheet
We will enter adjusting entries
We will create the financial statements from the adjusted trial balance
Describe what the closing process is
Perform closing process in one step
Perform closing process in two step
Perform closing process in four steps
Prepare a post closing trial balance

Requirements

Desire to learn

Description

This course will only provide the video lecture presentation component of our resources, so that learners can review the video material without being distracted by other resources.

Bookkeeping cycle.

The full accounting cycle including an introduction to accounting, accounting objectives, accounting methods, recording transactions using both the accounting equation and debits and credits, the adjusting process, creating financial statements, the closing process, and a comprehensive problems.

Who will we be learning from?

You will be learning from somebody who has technical experience in accounting concepts and in accounting software like QuickBooks, as well as experience teaching and putting together curriculum.

You will be learning from somebody who is a:

• CPA – Certified Public Accountant

• CGMA – Chartered Global Management Accountant

• Master of Science in Taxation

• CPS – Certifies Post-Secondary Instructor

• Curriculum Development Export

As a practicing CPA the instructor has worked with many technical accounting issues and helped work through them and discuss them with clients of all levels.

As a CPS and professor, the instructor has taught many accounting classes and worked with many students in the fields of accounting, business, and business applications.

The instructor also has a lot of experience designing courses and learning how students learn best and how to help students achieve their objectives. Experience designing technical courses has also benefit in being able to design a course in a logical fashion and deal with problems related to technical topics and the use of software like QuickBooks Pro.

Summary of what will be covered:

Financial Transaction:

· We will discuss what accounting is and whey is it used

· We will learn accounting concepts including accrual accounting, the revenue recognition principle, and matching principle.

· We well learn to record transaction using the accounting equation

· We will record transactions using debits and credits.

Adjusting Process & Financial Statement Creation:

· We will describe the adjusting process

· We will discuss the categories of adjusting entries.

· We will create an adjusting entry worksheet

· We will enter adjusting entries

· We will create the financial statements from the adjusted trial balance.

Closing Process:

· Describe what the closing process is

· Perform closing process in one step

· Perform closing process in two step

· Perform closing process in four steps

· Prepare a post closing trial balance

Who this course is for:

Accounting students
Business owner
Anyone who whats to learn accounting

Homepage: https://www.udemy.com/course/accounting-cycle-presentations-only/

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