Understand the debit and credit relationship with account groups.-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animat...
Peter John Baskerville's insight:
Understand the debit and credit relationship with account groups.-
In the introduction to business accounting the basics of financial accounting are covered: the various financial statements, the double entry method, two main principles of accounting (revenue recognition and matching principle). Furthermore, lessons on common topics related to the balance sheet (inventory, accounts receivables, long term assets, liabilities and equity) are included. It concludes with a section on the cash flow statement.
Chapter 2 Basic Ideas of Finance. Learn the basic concepts of accounting. In this session, you will learn about what to expect to get out of your accounting ...
MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013 View the complete course: Instructor: Peter Kempthorne, Choongbum Lee, Vasily ...
This e-book is a guide and reference resource for students of accounting (and its subsidiary, bookkeeping). In simple language, it explains the basic accounting concepts and why they are important in the process and application of accounting/bookkeeping.
Basically, the mechanics of accounting is little more than adding and subtracting figures, and sometimes applying a percentage. So, it is not usually the maths of accounting that students find difficult to grasp. Rather, it is the WHY of accounting.
This book compiles answers provided by Peter Baskerville to questions about the WHY of basic accounting. It is designed as a learning resource that users can ‘dip in and out of’ as they seek answers to specific questions, rather than as a book to be read sequentially from cover to cover. As a result, there is some necessary repetition to ensure answers to all questions are contained and comprehensive.
Peter has taught bookkeeping and accounting for many years at a technical college, and has first-hand experience in helping students to understand basic accounting concepts.
Peter explains the background and first principles that underpin each concept. The answers are grouped and ordered according to the standard learning process in accounting, but their focus is on the WHY: why accounting and bookkeeping operate as they do.
Financial reporting (balance sheets, profit and loss statements, financial notes, and disclosures) is the language we use to communicate information about the financial condition of a company, a not-for-profit, or a state or local government. Generally Accepted Accounting Principles (GAAP) are the guidelines—the grammar and the punctuation—that determine how that language is written.
Accounting Vs Accountancy Accounting is the action or process of keeping financial accounts. Accountancy describes the duties of an accountant, the person whose job is to keep, inspect and interpre...
Get business-ready and prepare for a qualification by building your finance and accountancy skills with this course from ACCA-X.
Peter John Baskerville's insight:
Starts July 6, 2015
Building on what you learned in Introduction to Financial and Management Accounting, this free online course from the Association of Chartered Certified Accountants will:
Enhance your finance and accountancy skills, exploring how to prepare financial statements and use accounting concepts to aid decision-making
Arm you with the knowledge you need to take your exams in Maintaining Financial Records (FA2) and Managing Costs and Finance (MA2).
Prepare you for a position as an accounting administrator or bookkeeper.
Yes, you found the one hour course to learn introductory accounting. Congratulations!!!
Peter John Baskerville's insight:
Blair has two decades of experience at all levels of public and private corporations, public practice, and professional development. His experience as a corporate director, chief financial officer, instructional designer, and professional development leader will provide you with insight into finance topics that matter.
He is faculty member at St. Mary's University and the Atlantic School of Chartered Accountants and has been instructing at undergraduate and professional institutions for the past 16 years. He was awarded the Govenor Generals Gold Medal of Canada in the field of accounting. He has designed professional development e-learning programs for the Big 4 firms. Benefit from his engaging presentation style and deep knowledge of the subject matter to further your own financial skills.
The is a comprehensive video series covering principles of financial accounting starting with financial accounting for sole-proprietorships, then partnership...
Peter John Baskerville's insight:
Over 50 videos covering basic accounting concepts by Prof. Dave Alldredge.
This lesson will teach you 7 Accounting Concepts and Principles that underly all accounting studies and practice. To add relevance, reliability and comparability ...
Understanding the Accounting Equation Understanding the Prudence Accounting Concept Understanding the Matching Accounting Concept Understanding the Accounts Concepts Understanding the Principles of Accounts
Preview and download the course Accounting Principles I on iTunes U.
Peter John Baskerville's insight:
Though accounting may seem like a dense and complex subject, this course is designed to present the accounting cycle in an accessible and logical manner. This course will provide you with a solid understanding of basic accounting principles and will introduce you to financial statement analysis.
Learn all about our newest mobile app designed to help accounting students learn everything from basic accounting principles to international financial reporting standards.
Accounting educators: this was designed to supplement your accounting classes.
In this unit we introduce you to the essential skills and concepts of bookkeeping and accounting. To start with you will gain some practical skills in numeracy including learning about rearranging simple equations as well as some important calculator skills. Afterwards, you will gain knowledge and understanding of the fundamental principles that underpin bookkeeping and accounting. You will learn the time-honoured rules of double-entry bookkeeping and also how to prepare a trial balance and the two principal financial statements: the balance sheet (also known as the statement of financial position) and the profit and loss account (also known as the income statement).
Steven Bragg, CPA, is one of the most prolific accounting authors in the world. He holds an MBA from Babson College, a Master of Finance degree from Bentley College, and a BA from the University of Maine. He also manages the Accounting Best Practices podcast.
Peter John Baskerville's insight:
He has written articles on basic accounting concepts: > Accounting Principles > Equity > Payroll Accounting > Assets > Financial Ratios > Present & Future Value > Bank Reconciliation > Financial Statements > Receivables & Bad Debts > Bookkeeping Basics > Fixed Assets > Revenue Recognition > Chart of Accounts > Inventory Accounting > Taxation > Cost Accounting > Liabilities > Variance Analysis
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