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Financial Accounting: Introductory Course for Accountants and Business Owners

person icon Kelvin Muchemi

3.9

Financial Accounting: Introductory Course for Accountants and Business Owners

Learn Basic Accounting from Recording, Classifying, Summarizing & Interpretation of Business Transactions

updated on icon Updated on Apr, 2024

language icon Language - English

person icon Kelvin Muchemi

English [CC]

category icon Finance & Accounting,Bookkeeping

Lectures -15

Duration -7 hours

3.9

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Course Description

Financial Accounting is one of the most important facets in any business or organization. When done well, it helps to determine the direction in which the organization is headed. Each lecture is around 20-40 minutes and you can learn at your own pace. If you find traditional financial accounting textbooks and classes boring and confusing , then this course is perfect for you because I explain everything in plain simple language that is easy to understand and fun to learn. In fact, many students have told me that this is a great course and easy to understand.

This course is intended to introduce the learners to the overall purpose of accounting, applicable regulations, the accounting treatment and presentation of basic transactions and preparation and analysis of financial statements. It will have the following chapters:

  1. Introduction to Accounting (38 Mins, 1 Lecture)

  2. Accounting Process and Systems (58 Mins, 2 Lectures)

  3. Regulation and Principles Guiding Accounting Profession (49 Mins, 2 Lectures)

  4. Preparation of Financial Statements (100 Mins, 3 Lectures)

  5. Financial Statements of a Sole Proprietorships (8 Mins, 1 Lecture)

  6. Financial Statements for Not for Profit Organizations (17 Mins, 1 Lecture)

  7. Manufacturing Accounts (29 Mins, 1 Lecture)

  8. Partnership Accounts (36 Mins, 1 Lecture)

  9. Company Accounts (35 Mins, 1 Lecture)

  10. Financial Statements Analysis (30 Mins, 1 Lecture)

  11. Public Sector Accounting (22 Mins, 1 Lecture)

Why this course? 

  • Taught by a Certified Public Accountant - Kelvin Muchemi

  • He has over 6 years of experience in accounting and bookkeeping

  • He has worked in various accounting positions for firms in service, retail, manufacturing and accounting firms

  • The course provides a whole introduction of Financial Accounting to Accountants (especially ACCA students) and Business Owners

Goals

What will you learn in this course:

  • Prepare books of original entry and basic ledger accounts under the double entry system

  • Prepare basic financial statements of sole traders, partnerships, companies, manufacturing entities and not for profit organizations

  • Comply with the regulatory framework in the accounting field

  • Analyze financial statements by use of ratios

  • Demonstrate basic understanding of public sector accounting framework

Prerequisites

What are the prerequisites for this course?

  • Desire to learn financial accounting

  • Passion to empower yourself with knowledge

  • Commitment to learning

  • No accounting experience needed. You will learn everything you need to know

Financial Accounting: Introductory Course for Accountants and  Business Owners

Curriculum

Check out the detailed breakdown of what’s inside the course

Introduction to Financial Accounting
1 Lectures
  • play icon Introduction to Accounting 37:58 37:58
Accounting Processes & Systems
2 Lectures
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Regulations & Principles of Accounting
2 Lectures
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Preparation of Financial Statements
3 Lectures
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Financial Statements for Sole Proprietorships
1 Lectures
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Financial Statements for Not for Profit Organizations
1 Lectures
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Manufacturing Accounts
1 Lectures
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Partnership Accounts
1 Lectures
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Company Accounts
1 Lectures
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Financial Statements Analysis
1 Lectures
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Public Sector Accounting
1 Lectures
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Instructor Details

Kelvin Muchemi

Kelvin Muchemi

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