Yes, learning ACCOUNTING can be EASY, FAST, and FUN! Yes, you can learn ACCOUNTING even if you do not like MATH. You will learn the basics of accounting by watching a business simulation game. This is a basic and brief introductory course. Bonus content included. Let's get started.
What you’ll learn
- Accounting Basics
- Balance Sheet
- Income Statement (P&L)
- General Ledger
- Debits & Credits
- Double-Entry Bookkeeping
Are there any course requirements or prerequisites?
-No prior knowledge needed
Who this course is for:
- Business Students
- Business Owners
- Startup Founders
- Current and aspiring Managers
Discover the Balance Sheet and Income Statement of a Company You Admire
With your knowledge of accounting and financial statements, try this activity:
- Do an Internet search for the financial statements of a company that you admire. Here is an example search term: financial statements mcdonalds
- Review the financial statements for the last fiscal period or year. You will likely find a lot of detailed numbers, but don't worry if you are not familiar with all the details, just focus on the numbers you need for this activity. Be sure to record the date or period covered.
- Summarise the Balance Sheet numbers to just 3 numbers:
Assets – Liabilities = Equity
- Summarize the Income Statement (or Profit & Loss Statement) to just 3 numbers:
Revenue – Costs & Expenses = Net Income
- Reflect on your new financial superpowers :-)
Go to Class
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