Introduction to Accounting - Why Accounting Is Important?
  • What Does The Course Cover?
  • What Is Accounting and Why Do We Need It?
  • Why do we need Accounting?
  • The Importance of Bookkeeping - Good Accounting Records Are Essential
  • The importance of Bookkeeping
  • Financial Accounting - Who Needs Financial Reports?
  • Course Notes - Download
  • Assessment 1
The Three Main Statements in Financial Accounting
  • The Three Main Financial Statements: P&L, Balance Sheet and Cash Flow
  • Income Statement Items
  • Revenue types - practical exercise
  • Depreciation and amortization
  • Balance sheet items
  • The types of assets - practical example
  • The types of liabilities - practical example
  • Assessment 2
Understanding the Big Picture: Why, What, When, and How Much in Accounting
  • The Revenue Recognition Principle - Why Is it so Important?
  • Completing 33% of the course
  • The Expense Recognition Principle - When to Recognize Expenses
  • Historical Cost vs. Fair Value Accounting
  • Assessment 3
Let's Build a Solid Foundation: Core Accounting Principles That You Should Learn
  • The Accounting Equation and How It Stays in Balance
  • The Accounting Equation
  • General & Subsidiary Ledgers - This Is How a Firm Organizes Its Accounts
  • General and Subsidiary Ledgers
  • Making Sense of Debits and Credits! It Does Not Have To Be Hard
  • Income Statement T-Accounts
  • T-Accounts
  • The Cornerstone Principle of Accounting - Double Entry Bookkeeping
  • Double-Entry Bookkeeping
  • Assessment 4
A COMPLETE Case Study: Bookkeeping Records + Income Statement + Balance Sheet
  • Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (1/4)
  • Case Study (Part 1)
  • Completing 50% of the course
  • Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (2/4)
  • Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (3/4)
  • Case Study (Part 2)
  • Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (4/4)
  • Case Study (Part 3)
  • Course Challenge - Build a P&L and Balance Sheet from scratch
  • Assessment 5
Accounting & Timing: Income and Cash Flow Are Two Different Things
  • The Importance of Timing: Revenue and Expense Recognition
  • The Difference Between Cash Flow and Profit - A Must Know For Every Entrepreneur
  • The Timing of Payments: Here Is How Many Business Owners Improve Their Cash Flow
  • The Four Types of Accruals Arising in Accounting Transactions
  • Assessment 6
Preparing a Cash Flow Statement: Understanding Cash Flow Analysis
  • Calculating Cash Flows - Understand if a business makes or burns cash
  • The three parts of Cash Flow statements explained
  • Cash Flow computations - The Direct method
  • Cash Flow computations - The Indirect method
  • Calculating Cash Flow in practice: A complete example
  • Assessment 7
Introduction to Financial Reporting
  • Introduction to Financial Statements
  • Let's Open P&G's 2015 Financial Report and Take a Look At It Together
  • Who Verifies That The Figures Presented in Financial Statements Are Correct?
  • Assessment 8
Financial Statement Analysis: Science and Practice
  • The Essence of Financial Statement Analysis: Four Key Dimensions
  • Calculating Subtotals, Totals and Year-on-Year Growth
  • Key Mechanics of Financial Statement Analysis: Performing a Meaningful Analysis
  • Using Different P&L and Balance Sheet Formats + Horizontal and Vertical Analysis
  • An Introduction to the "Days" Methodology: Understanding Working Capital Trends
  • Financial Ratios Every Investor Should Use: Understanding Financial Ratios
  • Quiz Number 6
  • Practical Exercise: Analyzing P&G's Business Through Financial Ratios (1 of 2)
  • Practical Exercise: Analyzing P&G's Business Through Financial Ratios (2 of 2)
  • Financial statement analysis
  • Assessment 9
Financial Statement Analysis - Tesla exercise
  • What you will see next in this section
  • How to download Tesla's historical financials
  • Calculating and analyzing growth and profitability ratios
  • Calculating and analyzing liquidity ratios
  • Calculating and analyzing solvency ratios
  • Assessment 10
  • Final Assessment
  • Congratulations!
  • Completing 100% of the course