LEARN ACCOUNTING STEP BY STEP
Accounting is the language of business. In this course I will show you how to do accounting and bookkeeping, and apply those concepts to financial statement analysis. Each lesson is around 3-5 minutes and you can learn at your own pace. If you find traditional bookkeeping textbooks and classes boring and confusing, then this course is perfect for you because I explain everything in plain simple language that’s easy to understand and fun to learn.
WHAT STUDENTS SAY ABOUT THIS COURSE:
– “It’s good. This is my second course under Mr. Calvin. I find it very simple but really understandable.” – Kimberly B.
– “I like that Sir Calvin shares his actual experience. It gives us viewers a glimpse of how Accounting flows in a business.” – Cherry A.
– “I think this is one of the best course I have seen. Especially, the teaching style is good and understandable.” – Durga G.
– “I like the way of teaching… like the lectures are simple enough for a student who has never done Financial studies ever. The way financial statements are taught in this lesson is perfect.” – Devraj C.
“The course is simple and easy to understand and gave me useful insights about financial statements.” – Deepanshu K.
– “I like the speaker’s teaching style. He discusses the topic in a simple manner which everyone can relate. I love how he uses the slides which is readable and simple. Overall, I love this course so much.” – John U.
– “The teaching style is excellent and the videos are very effective for me and the quizzes are helping me to check whether I am attending the lecture sincerely. The course is perfect.” – Karan M.
– The course is easy to understand. The instructor is very good at explaining. I also like that you have references or resources for us to have a copy. Thank you for creating this! The teaching style is very detailed and step by step. There are quizzes and assignments like this and makes us students learn more.” – Crizel F.
THIS COURSE WILL COVER:
Fundamental accounting & bookkeeping concepts
How to read a Balance Sheet, Income Statement (Profit & Loss Statement), and Cash Flow Statement
Financial statement analysis to help you decide whether a company is doing well financially
And much more!
WHY THIS COURSE?
Taught by a CPA, CA, MBA – Calvin K. Lee
Calvin has 15 years of experience in accounting and bookkeeping, and provided consulting services for Fortune 500 companies
Calvin has worked in a Big 4 accounting firm (Ernst & Young LLP)
Calvin is a top-rated instructor at Schulich School of Business at York University
Over 77,000+ students from 178 countries enrolled in his courses
Lifetime access to this course, and you receive new lessons and updates for FREE
Subtitles (captions) available in English
Certificate of Completion available
30-day money-back guarantee
REGISTER FOR THIS COURSE NOW!
In this video I give an introduction to this course.
Download my eBook "Bookkeeping & Accounting Basics".
In this video I discuss how to get the most out of this course by using subtitles and adjusting the speed of lesson videos.
In this video we discuss how accounting is the language of business and the components of financial statements:
Balance sheet
Income Statement (Profit & Loss Statement)
Cash Flow Statement
Statement of Equity
Notes to Financial Statements
In this video we discuss things to watch for on a company's balance sheet.
In this video we look at the parts of the balance sheet, including tangible and intangible assets.
In this video we discuss why having lots of cash may not be a good thing.
Why is having lots of cash not necessarily a good thing?
In this video we discuss why having lots of sales might not necessarily be a good thing.
In this video we discuss inventory and write-down of inventory that is obsolete.
In this video we discuss current assets such as cash, accounts receivable, and inventory. Current assets are important as they are more liquid, meaning they can be converted into cash.
In this video we discuss the current ratio to see whether a company is likely to survive the next 12 months financially.
In this video we look at examples of companies with different current ratios and compare to its competitors and industry.
Practice exercises for current ratio calculations. You can download the Excel file to complete the exercise.
Answer the following questions.
In this video we will discuss using long-term assets to generate income
In this video we discuss property, plant, & equipment and depreciation of capital assets.
In this lesson we discuss amortization and estimating useful life of a capital asset.
In this lesson we discuss intangible assets and why they are important to certain companies.
Answer the following questions.
In this video we look at Return on Assets, and how well a company used its assets to generate income.
In this video we discuss the asset turnover ratio to determine how much money did the company make.
The debt-to-equity ratio is a very important financial ratio as to how a company is doing financially.
Many investors look at return on equity to determine whether it's worth their investment in a company.
In this lesson we discuss a company's current liabilities and why it's important to pay on time.
In this video we discuss why delaying payments on accounts payable can help your business grow.
In this video we discuss how to record customer deposits - they are not your money yet!
Is debt a bad or good thing? We discuss how debt can be good and used to leverage someone else's money to grow your business.
Sometimes taking out a short-term loan is necessary to run a business. We discuss how it affects the current ratio and other financial performance indicators.
A company may take on long-term liabilities to fund its business. In this video we discuss debt vs issuing shares to fund a business.
In this video we discuss the differences between balance sheet and income statement.
Revenue is one of the most important lines on the income statement. But companies must be able to collect cash from its customers in order to be successful.
Cost of sales is used to calculate your gross profit when a company sells inventory. Keeping it low will increase profits!
The importance of calculating the gross margin to determine how profitable a company is.
Cash flow is very important to the success and survival of a company. In this video we discuss why cash is king and that just having high revenue may not mean a company is doing well financially.
In this video we go over the Statement of Cash Flows with real-life examples.
In this video we discuss useful accounting equations such as
Assets = Liabilities + Equity, and
Beginning Retained Earnings + Net Income - Dividends = Ending Retained Earnings
In this video we discuss how to record accounting accruals, such as:
Unearned revenue
Unbilled revenue
Prepaid expense
Accrued liabilities