Udemy – Accounting- Complete course – From Beginner to Advanced 2021-5

Published on: 2024-08-29 09:34:22

Categories: 28

Descriptions

Accounting- Complete course – From Beginner to Advanced, This is comprehensive course for any level (Beginner, Intermediate or advanced) consisting of topics related to accounting. It begins from Beginner level i.e explanation of various terms and concepts of accounting and then moves step by step to advanced level of accounting. Each section is systematically divided as per specific related topics thereby making it easy for understanding. This explains following accounting Concepts along with examples like – GAAP (Generally accepted accounting principles), Business Entity concept, Money measurement concept, Going Concern Concept, Accounting period concept, Cost concept, Revenue recognition concept, Matching Concept, Accrual basis of accounting, Cash basis of accounting, Full disclosure concept, Consistency concept, Conservatism concept, Materiality concept, Objectivity concept. Following terms related to accountancy are explained here along with examples – Financial Transaction / Business Transaction, Voucher, Journals, Ledger account, Capital, Liabilities and types of Liabilities, Assets and types of Assets , Capital receipts , Revenue receipts, Debtors / Receivables , Capital expenditure , Revenue Expenditure, Creditors/ Paybles, Expenses , Purchase, Stock/ Inventory, Profit and Loss.

What you’ll learn

Comprehensive Accounting Course – From Basic accounting concepts to Financial statements
Meaning and Scope of accounting
Accounting Concepts, Principles and Conventions GAAP (Generally accepted accounting principles), Business Entity concept, Money measurement concept,
Going Concern Concept, Accounting period concept, Cost concept, Revenue recognition concept,
Matching Concept, Accrual basis of accounting, Cash basis of accounting, Full disclosure concept, Consistency concept, Conservatism concept, Materiality concept
Accounting Terms – Financial Transaction,Voucher, Journals, Ledger account, Capital,
Liabilities, Assets, Debtors, Creditors, Purchase, Stock/ Inventory, Profit and Loss.
Process of Accounting
Books of Accounts – Books of accounts Journals , Ledgers , General Ledgers and Subsidiary books. It also includes process to prepare Petty Cash book, Cash book.
Rectification of Errors – It explains how to rectify various types of errors in accounting.
Bank Reconciliation Statement
Inventories – This includes Inventory Recording, Inventory Taking and Methods of determining cost of inventory
Depreciation – This includes depreciation concept , Methods of calculating depreciation , treatment in case of sale of asset.
Bills of Exchange/ Promissory Note accounting
Sale of goods on return and Sale of goods on Consignment – accounting for goods sold on consignment in books of consignor and consignee , Sale on return basis.

Who this course is for

Beginner who is curious to learn about accounting. This is comprehensive course consisting of various topics of accounting discussed in detail along with examples which enables to understand concepts and process related to accounting
Students of Accountancy – 11th Standard / 1st PUC , 12th Standard/ 2nd PUC , CA Foundation