BASIC ACCOUNTING AND ECONOMICS

Wishlist Share
Share Course
Page Link
Share On Social Media

About Course

Unlock the world of financial literacy with our comprehensive “Fundamentals of Basic Accounting and Economics” course. Tailored for beginners and those seeking to refresh their knowledge, this course lays down the essential principles of accounting and the foundations of economic theory in a clear, approachable manner.

 

Dive into the basics of accounting, learning about key concepts, terminology, and the principles that govern financial record-keeping. Understand the structure and interpretation of crucial financial statements, including income statements, balance sheets, and cash flow statements. This knowledge is vital in assessing the financial health of a business, guiding financial planning, and aiding strategic decision-making.

 

In parallel, the course introduces you to the core concepts of economics. Grasp the principles of supply and demand, delve into the significance of market structures, and uncover how economic indicators impact the business world and personal finance. Understand the interplay between microeconomics and macroeconomics and how they shape global financial landscapes.

 

Whether you’re an aspiring entrepreneur, a student stepping into the world of finance, or a professional aiming to bolster your financial decision-making skills, this course offers valuable insights and practical knowledge. With a focus on real-world application, the course is designed to make complex accounting and economic concepts accessible and engaging.

 

Embrace this opportunity to gain a robust understanding of basic accounting and economics, setting a strong foundation for your financial journey. Enroll now and start your path to becoming proficient in the language of business and economics!

Show More

What Will You Learn?

  • Evolution of Accounting
  • Old Methods and Machines Used in
  • Accounting
  • Use of Computers in Accounting
  • Spreadsheet
  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Inventory Control
  • Payroll Controls
  • Point of Sale
  • Purchasing and Receiving
  • Time and Billing Module
  • Many More...

Course Content

CHAPTER ONE: HISTORICAL DEVELOPMENT OF ACCOUNTING

  • Introduction
    09:45
  • Evolution of Accounting
  • Old Methods and Machines Used in Accounting
  • Use of Computers in Accounting
  • Spreadsheet
  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Inventory Control
  • Payroll Controls
  • Point of Sale
  • Purchasing and Receiving
  • Time and Billing Module

CHAPTER TWO: DEFINITION OF ACCOUNTING

CHAPTER THREE: USERS OF ACCOUNTING INFORMATION

CHAPTER FOUR: ACCOUNTING PRINCIPLES AND INVENTIONS

CHAPTER FIVE: THE ACCOUNTING EQUATION

CHAPTER SIX: SOME COMMON COMMERCIAL TERMS

CHAPTER SEVEN: BOOKS OF PRIME ENTRY

CHAPTER EIGHT: CASHBOOK

CHAPTER NINE: CLASSIFICATION OF ACCOUNT

CHAPTER TEN: LEDGER ACCOUNTING

CHAPTER ELEVEN: THE TRIAL BALANCE

CHAPTER TWELVE: CORRECTION OF ERRORS

CHAPTER THIRTEEN: SUSPENSE ACCOUNT

CHAPTER FOURTEEN: BANKING SYSTEMS

Student Ratings & Reviews

No Review Yet
No Review Yet

Want to receive push notifications for all major on-site activities?