Description
The Basics of Business Accounting starts at the very beginning introducing the student to essential accounting principles and concepts that apply to any business or industry. Through this course, the student will learn to interpret the key sections of the
Four Main Financial Statements
: the Balance Sheet, the Income Statement, the Cash Flow Statement, and the Statement of Owners' Equity.
Students will learn to apply the
Fundamental Accounting Equation
, and other vital accounting concepts such as depreciation, revenue recognition, accrual accounting, cash flow, and many others.
The Basics of Business Accounting will add the crucially important skills of
understanding, interpreting and building financial statements
to your existing business and management skill base.
"Ray has done a great job by teaching a robust approach to accounting that has ranged from its history to practical development and application." - Dion B.
Requrirements
Requirements
Basic math skills
General knowledge of service or manufacturing organizations
Analytical approach to problem solving
Desire to learn the fundamentals of business accounting