IIRF Online > Finance & Accounting > Accounting & Bookkeeping > Bookkeeping > Bookkeeping Basics #1: Understand the Fundamentals
Bookkeeping Basics #1: Understand the Fundamentals by Udemy
Learn bookkeeping terms and concepts to make owners, employees & students more confident and successful!
Course Highlights
- Understand the basics of bookkeeping helping business owners and managers feel more confident
Skills you will learn!
Curriculum
4 Topics
Introduction - Course Overview
Introductions and Off-Course Resources
Even If You're Not A Business Owner
Tips for the Experience
5 Topics
Business vs. Personal
Why Worry About The Money?
What Kind of Business Are YOU?
The Four Business Types
CPE Review Quiz: Section 2
5 Topics
What and Why...
Who...
When and Where...
Consistency Is The Key
CPE Review Quiz: Section 3
6 Topics
Section Intro
Transactions
The Big Equation... A = L + E
Accounts and the Chart of Accounts
Sample Charts of Accounts
CPE Review Quiz: Section 4
6 Topics
How Are You Actually Making Money?
Invoices Receipts & Statements... Oh My!
If You ARE Invoicing...
Invoice Samples
Not All Money Coming In Is Income...
CPE Review Quiz: Section 5
5 Topics
What Are Expenses?
What Does It Cost To Make (or Acquire) The Product? - COGS
Organizing the Expenses
The Stamp
CPE Review Quiz: Section 6
6 Topics
Section Intro
It's Just "Stuff" - Assets
Can You Break A $100 Bill? - Asset Shift
The Company Owes WHAT? - Liabilities
But What's Really MINE? - Equity
CPE Review Quiz: Section 7
4 Topics
Put It On My Tab - Accounts Payable
You Want To Pay When? - Accounts Receivable
What If They Don't Pay?
CPE Review Quiz: Section 8
7 Topics
How Are You Doing and How Do You Know?
Cash Reporting versus Accrual Reporting
Am I Making Any Money? - P&L Report
Where Do I Stand Right Now? - The Balance Sheet
Am I Worth Anything? - The Owner's Equity Reports
What's Owed To Me and By Me - The A/P and A/R Reports
CPE Review Quiz: Section 9
8 Topics
Section Intro
Mileage Tracking
Terms / Cash Discounts
Trade Discounts
Shipping & Freight
Good Record Keeping
Top 10 Mistakes Small Businesses Make
Top 6 Tips For Good Bookkeeping
3 Topics
Can I Get Some Help? and Our Course Recap
CPE Qualified Assessment
BONUS: Your Certificate and What Comes Next?
Bookkeeping Basics #1: Understand the Fundamentals
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