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Basics of Accounting

(English)
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Course Highlights

Course Highlights

  • Gain An Overview Of Essential Accounting Principles And Their Practical Applications.
  • Understand How To Systematically Record Business Transactions Using Debits And Credits.
  • Master The Organization And Summarization Of Transactions Into Specific Accounts (Ledger) And Ensure Accuracy Through The Trial Balance.
  • Acquire Skills In Preparing And Analyzing Income Statements, Balance Sheets, And Cash Flow Statements To Understand Financial Performance.
  • Understand The Fundamental Relationship Between Assets, Liabilities, And Equity, Essential For Comprehending Financial Positions.
  • Develop Proficiency In Using Profitability, Liquidity, And Solvency Ratios To Evaluate And Interpret Company’s Financial Health.

What You Will Learn

Course Structure

Your Instructor

Course FAQs

About the Course

05 hrs 50 mins

6 Lessons

6 Assessments

999 Subscribers

12 Months Access

Assured Certification

The Basics of Accounting course is designed to equip learners with essential skills in financial communication and analysis, focusing on effectively conveying a business’s financial performance to diverse stakeholders, regardless of their familiarity with accounting principles.
Starting with the systematic recording of transactions using debits and credits, participants explore how to organize these transactions into specific accounts through ledger management, ensuring accuracy is maintained through the Trial Balance process. They also gain proficiency in preparing crucial financial statements—Income Statements, Balance Sheets, and Cash Flow Statements—to evaluate the overall financial health of a company.
Beyond transaction recording and financial statement preparation, the course covers fundamental accounting terms and concepts necessary for interpreting financial reports. Learners develop analytical abilities by applying profitability, liquidity, efficiency, leverage, and valuation ratios to comprehensively assess and interpret company performance. This analytical approach prepares them to make informed decisions and effectively communicate financial insights across various business environments.
By the course’s conclusion, learners will possess practical knowledge and skills essential for success in roles involving financial management and decision-making, emphasizing both technical proficiency and the ability to communicate financial information effectively.
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Course Structure

  • Course Overview 1:50
  • Introduction to Course and Accounting 44:22
  • Journal (Recording of Transaction) 41:221:20:50
  • Ledger & Trial Balance (Classification & Summarization of Accounts) 1:20:50
  • Financial Statement (Income, Balance Sheet & Cash Flow Statement) 1:11:48
  • Accounting Equation 50:12
  • Financial Statement Analysis (Ratio Analysis) 1:00:28

Your Instructor

Dr. Dheeraj Misra, Ph.D. from IIT Kanpur (1994), is a Senior Faculty member at Jaipuria Institute of Management, Lucknow. With over 32 years of teaching and industry experience, his expertise spans Industrial Economics, Financial Derivatives, Corporate Finance, Investment Management, Corporate Valuation, and Corporate Restructuring. He has published extensively in reputed journals, presented at conferences, and conducted training programs for Indian corporates and government bodies like NTPC, HAL, and the Geological Survey of India. Dheeraj Misra is also actively involved with the Institute of Actuaries of India and has held various administrative roles at Jaipuria Institute of Management, including Dean (Academics), Dean (Research), and Dean (Training and Development).
 
Dr. Dheeraj Misra

Professor | Jaipuria Institute of Management, Lucknow

Course FAQs

This course is designed for individuals seeking a foundational understanding of accounting principles and financial analysis. It is beneficial for those pursuing careers in business, finance, entrepreneurship, or anyone looking to enhance their financial literacy.

There are no specific prerequisites for this course. However, a basic understanding of business concepts and mathematics may be beneficial.

Yes, this course is suitable for beginners. It starts with fundamental concepts and progresses to more advanced topics, providing a comprehensive introduction to accounting principles and practices.

By completing this course, you will develop practical skills in recording transactions, preparing financial statements, and analyzing financial performance. These skills are crucial for making informed business decisions and effectively communicating financial insights.

Upon completing the payment process, you will receive an email confirmation from our team within five minutes. You can then use your login credentials to access the course through the Dashboard, allowing you to learn at your own pace and convenience.

Upon completing the course, you will receive a certificate of completion, which you can download from your Dashboard.

Earn a Certificate

After finishing the course, you will get a Certificate of Completion.

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