Financial Accounting & Excel–Comprehensive Accounting Course

Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals



Platform: Udemy
Status: Available
Duration: 21.5 Hours

Price: $99.99 $0.00


Note: Udemy FREE coupon codes are valid for maximum 3 days only. Look for "Get Coupon" orange button at the end of Description. This post may have affiliate link & we may get small commission if you make a purchase.

Notice for Our Visitors in INDIA:
If Udemy Coupon is 100% OFF but it is not FREE when you go to Udemy Website, please follow the below instructions to make it work. This is mainly affecting visitors that has INDIA as a Country of Residence in their profile in Udemy.

Steps:
1. Use VPN (Virtual Private Network) & Select Another Country like USA.
2. Clear udemy.com website cookies from your browser or You can also use incognito mode or different browser like Opera which has inbuilt VPN.
3. After making a VPN Connection, Create a new Udemy Account.
4. Then go to your desired Course Page & Apply Coupon.
5. If the Coupon is successfully applied, then Continue the process & Enter the VPN Country.
6. Enjoy your Free Course!

What you'll learn

  • Accounting Cycle
  • Debits & Credits
  • Excel Fundamentals - Add, Subtract, Sum Function
  • Journalize Journal Entries
  • Post Journal Entries to General Ledger
  • Create Trial Balance From General Ledger
  • Adjusting Entries
  • Bank Reconciliations
  • Financial Statement Generation
  • Closing Journal Entries
  • Reversing Journal Entries
Requirements
  • We will use Excel. Having Excel will allow us to work through the problems along with the video. If we do not have Excel, we can still follow along with the comprehensive problem.
Description
If we are a business owner or accounting professional who would like to get a better understanding of what our accounting software is doing

Or

An accounting student or student in general that would like to get a better understanding of what our accounting textbook is doing

This course is a course for us.

Business owners, accounting professionals, and accounting students often have the same problem with accounting. . .

that we are focused on one small component of the accounting process and not able to make all the necessary connections to other components of the accounting process to fully benefit from an understanding of how the business runs.

Business owners focus on cash flow and revenue, accounting professionals focus on their component of the accounting department and enter data into the accounting software, and accounting students focus on the topic they are currently working on.

Accounting professional often focus on one component of the accounting cycle like accounts receivable, accounts payable, or payroll often not having much time to consider the relationship with other areas of the accounting cycle.

Accounting software helps simplify the data entry process, but the simplification also restricts us from seeing how the data is being processed into the end product, into financial statements and reports.

Students are focused on one component of the accounting cycle at a time following an accounting textbook that is putting the pieces of the accounting puzzle together one step at a time.

As students zoom their focus into the current topic, they often lose sight of it fits into the larger objective and this loss of sight causes students to question the relevance of what they are losing. Student’s questioning the relevance of what they are learning causes students to lose interest. A loss of student interest causes students grades to fall.

Part of the reason accounting textbooks have a difficult time incorporating the current topic into the big picture is that a textbook is restricted by what can fit on a page and the problems a textbook provides are restricted by what a student can accomplish with paper and pencil.

The use of instructional video providing a step by step process along with Excel that allows students to sum up large columns of numbers in a short time provides the tools to create a comprehensive problem that will demonstrate current topics in the context of the entire accounting process.

Why Take This Course?

We will learn the accounting cycle in a comprehensive way and learn the fundamental of Excel.

Learning the accounting process without Excel or Excel without accounting is a waste of time and not an efficient way to learn either topic.

Like assets being equivalent to liabilities and equity, accounting is equivalent to Excel in many ways and therefore learning Excel will accelerate our learning of accounting and make what we learn more applicable.

Accounting is also the perfect tool to learn Excel. This course will not provide a broad overview of everything Excel can do because that is not a way to learn. Courses attempting to demonstrate all the functions Excel fail to create value for learners because learners will not retain what they learn without a foundation of core concepts and a reason for learning each new function.

This course will cover the fundamentals of Excel, those components used 99% of the time, and the components needed as a foundation for learning more about Excel.

The core components of Excel we will learn include adding, subtracting, and summing up columns of numbers.

We will learn the core concept of Excel through demonstration, repetition, and application to practical problems.

What Will Be Included in This Course?

We will complete a comprehensive problem using both instructional video and application.

Although the course offers much more than just instructional video, it does include over 20 hours of instructional video.

We also include an Excel worksheet with just about every presentation allowing us to both see the completed answer and work through the problems step by step along with the video.

Each Excel workbook includes at least two tabs. One tab will have the answer so that we can see how the completed worksheet is constructed and the second tab will provide us the opportunity to enter the data along with the instructional video.

Who Will We Be Learning From?

We will be learning from somebody who has practical accounting experience as a practicing CPA, teaching experience, curriculum design experience.

Credentials include:

We are learning from someone who has both instruction and curriculum development experience needed to construct comprehensive courses of a technical nature in a way that meets students’ needs and expectations.

What Will We Learn?

We will learn how to complete the components of the accounting cycle and the fundamental of Excel including addition, subtraction, and the sum function.

Below is a short list of what is included in the accounting cycle and what we will cover in the course:

Journalizing journal entries
Posting to the general ledger
Create a trial balance
Adjusting entries
Bank reconciliations
Financial statement generation
Closing entries
Reversing entries
How Will We Be Taught?

We will learn through viewing and then doing.

We will demonstrate each component of the problem in small digestible parts using both a completed Excel worksheet and instructional video.

We will provide an Excel worksheet that can be filled in along with the instructional video or after watching the instructional video.

Please join us in learning Accounting, Excel, debits, and credits.

It will be Great

Course Content Includes:

Start a New Business Section of Accounting & Excel Course
05 Set up New Company Worksheet
10 Set Up Inventory Items
15 Set Up Customer Balances
20 Set Up Vendors Beginning Balances
25 Enter Opening Account Balances
Accounting Concepts Section of Accounting & Excel Course
135 Cash Method vs Accrual Method
132 Balance Sheet & Income Statement Relationship
155 Financial Transaction Rules
160 Financial Transaction Thought Process
Enter Data for First Month Section of Accounting & Excel Course
05 Owner Deposit & Loan Deposit
10 Purchase Furniture & Record Investment
20 Part 1 Invoice Transaction
20 Part Two Create on Invoice Transaction
25 Receive Payment Part 1
25 Receive Payment Part 2
25 Receive Payment Part 3
30 Cash Sales Transaction Part 1
30 Cash Sales Part 2
35 Deposit Part 1
35 Deposit Part 2
40 Part 1 Inventory Payment
40 Part 2 Inventory Payment
45 Invoice for Preordered Item Part 1.
45 Invoice for Pre-ordered Item Part 2
50 Receive Payment & Make Deposit
55 Part 1 Write Check
55 Part 2 Write Check Part 2
60 Pay Bills
65 Customer Jobs
70 Payroll
75 Job Sales Receipt
80 Financial Statements & Reports
90 Closing Process January
92 Worksheet Month Two
Enter Data for Second Month Section of Accounting & Excel Course
05 Make Loan Payments
10 Short Term Investment
20 Receive Inventory With Bill
20 Receive Inventory With Bill Part 2
25 Sales Receipt & Deposit
25 Part 2 Sales Receipt & Deposit
30 Advanced Payment From Customer
35 Apply Credit to Invoice
40 Record Sales on Account
45 Advance Customer Payment
50 Bills Track & Pay
55 Customer Payment on Account
60 Pay Sales Tax
65 Pay Payroll Tax
70 Enter Bills & Pay Bills
75 Service Item & Invoices
77 Purchase Equipment with Debt
80 Payroll
90 Rental Income
95 Financial Statements
Bank Reconciliations Section of Accounting & Excel Course
10 Bank Reconciliation January
12 Bank Reconciliation Adjusting Entries January
15 Bank Reconciliation February
20 Bank Reconciliation Feb. Adjusting Entries
Adjusting Entries & Financial Statement Section of Accounting & Excel Course
10 Loan Payable Adjusting Entry Part 1
15 Loan Payable Adjusting Entry Part 2
20 Accrued Interest Adjusting Entry
25 Invoice Adjusting Entry
40 Prepaid Insurance Adjusting Journal Entry
45 Depreciation Adjusting Entry
50 Unearned Revenue Adjusting Entry
60 Financial Statements
65 Closing Process February
300 Accrued Interest Reversing Entry
350 Accounts Receivable Reversing Entry
550 Unearned Revenue Reversing Entry

Who this course is for:

  • Business Owners
  • Accounting Professionals
  • Accounting Students
  • Students taking accounting courses