Accounting Crash Course - Be job ready in 1.5 hours!

Full accounting crash course for beginners and new accountants. Watch solved Bachelor/undergraduate accounting assignment: https://youtu.be/_-K9A1iyOhc An ev...

Learn Accounting Finance597.6K views01:33:00

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Full accounting crash course for beginners and new accountants. Watch solved Bachelor/undergraduate accounting assignment: https://youtu.be/_-K9A1iyOhc An even easier way to memorize debits and credits: https://youtu.be/-AH-qZNYc1A Must have Excel skills for accountants: https://youtu.be/7ajvwPniCBc Email questions to: learnaf@outlook.com Download presentation and Excel files here: https://www.udemy.com/course/accounting-crash-course-for-busy-individuals/?couponCode=8512F315F3E1AECC7EB2 Access complete income statement analysis course: https://ebitda.thinkific.com/pages/start If you are a complete beginner, or just interested in learning accounting as a profession, this 1.5 hours video will help you understand what is accounting? the accounting principles, rules of debit and credit, how journal entries are done and how financial statements are made, all in less than 90 minutes. After taking this free video course, you can even start working in the Accounting department as this will help you grasp all the concepts and learn how accounting takes care of all business transactions in a company. Together we learn all the accounting principles, learn the rules and conventions of accounting, prepare journal entries for various transactions and then prepare trial balance, profit or loss statement, balance sheet and cash flow statement to complete the full cycle of accounting. 00:00 Introduction 01:02 What is accounting? 02:30 What are debits and credits? 05:14 Rules of Debit and Credit 08:38 Default balance position 09:04 What is an Asset in Accounting 10:23 What are International Financial Reporting Standards (IFRS) 15:24 Examples of Assets 18:50 Types of assets in Accounting 19:12 Current assets in Accounting 22:10 Non-current assets in Accounting 23:20 Intangible assets 24:45 What is a Liability in Accounting 28:54 Types of Liabilities 30:49 What is Equity 34:31 Income and expenses 40:34 Accounting principles 53:58 Practice accounting entries (Examples) 1:09:47 Flow of Accounting entries 1:11:04 General Journal 1:12:38 General Ledger 1:16:00 Trial balance 1:17:28 Financial statements 1:18:07 Balance sheet 1:19:30 Income statement 1:22:37 Cash flow statement Connect: https://www.instagram.com/learnaccountingfinance https://www.learnaccountingfinance.com https://www.tiktok.com/@learnaccountingfinance?lang=en Subscribe: http://www.youtube.com/c/LearnAccountingFinance?sub_confirmation=1 Hope you find the information in the video helpful. If you like to watch more videos in accounting, financial analysis and controller ship, videos that help you directly in doing your job, subscribe to my channel. If you liked the video, I would love if you could LIKE it and leave a comment. If you have any questions or feedback, again leave a comment. Lets stay connected at #learnaccountingfinance.

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01:33:00

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Sep 19, 2023

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