Accounting & Bookkeeping (US)

Whether you are thinking of becoming an accountant or simply want a better understanding of how the accounts in your business work, this easy to follow course will give you a great grounding in Accounting & Bookkeeping practices.

6 Practical Sections

 
EwB guides you through the complex maze of the accounting world by teaching in language that is easy to understand using a blend of videos, practice exercises and text. As part of the course you receive a Certificate of Attainment and Certificate of Proficiency.
  • What Accounting can do for your Business
  • Key Decisions – Choosing the right kind of legal entity, Cash & accrual accounting
  • The Language of Accounting – Debits & Credits, Key terms, Profit & cash
  • Organizing your Accounts – Assets & Liabilities
  • The Accounting Cycle – Financial Statements, Bookkeeping & Accounting explained.
  • Computerized Accounting – Benefits, Key players.
  • Managing Inventory – Inventory cost & value
  • Tracking Sales – Cash & Credit sales, Discounting, Managing account customers & bad debt
  • Reconciling Cash – Bank accounts & Cash in hand, Safeguarding cash
  • Controlling Expenses – Identifying expenses, Petty cash
  • Payroll – Paperwork, Paying employees, Benefits, Gov. requirements
  • Buying & Selling Long Term Assets
  • Liabilities – Calculating current and non-current liabilities.
  • Testing your Books Balance
  • Adjusting Entries – Moving from Bookkeeping to Accounting
  • Preparing Financial Statements
  • Analyzing Profitability
  • Testing Liquidity
  • The Importance of Internal Controls
  • Business Taxes – Employee, Sales and Corporate taxes
  • Year-End Government Reporting
  • Closing the Books – End of year procedure




Preview

 

Course Content

Syllabus

Video

User Dashboard

The Test

Course Certificate

About the Author

 
Lita Epstein,
MBA
Author Lita Epstein has a reputation for explaining essential accounting concepts clearly and concisely to people with no previous accounting experience.

She is author of multiple books including: - Bookkeeping Kit for Dummies, Complete Idiot's Guide to Accounting, Reading Financial Reports for Dummies, Business Owner's Guide to Reading and Understanding Financial Statements, Trading for Dummies and Complete Idiot's Guide to Improving Your Credit Score.

She has an MBA from Emory University's Goizueta Business School where she ran the Accounting Lab and managed the finances for five departments under Facilities Management of the Emory Clinics. She also raised funds as Associate Director of Development for former President Jimmy Carter's international activities.

Pricing

 

Pricing is for 12 months access.


Requirements

 

Software:

  • Required: none
  • Suggested: Microsoft Excel, Numbers or equivalent. Google Docs or Microsoft Web Apps could also be used.


Completion Time: 12 hours (average)