Beginner to Advanced
Accounting, Bookkeeping Introduction, Accounting, Bookkeeping Entries, Accounting, Bookkeeping Adjustments & Reports
Lo que serás capaz de hacer
The course starts right from scratch, introduces the concept of Accounting, fundamental accounting terms, the accounting system of recording business transactions. Then it takes you to more complex areas of accounting like transactions affected by discounts and sales tax, prepaid and accrued transactions, and accounting adjustments like depreciation. Topics Covered: Introduction to Accounting Why Accounting has to follow rules and what are the accounting standards? What are the different types of Accounting and what information is produced by each? Accounting terms Cash and Accrual Accounting Double-entry concept Bookkeeping General Ledger Trial Balance and Financial Statements Fixed Assets and Depreciation Inventory Accounting Financial Statements preparation Accounting for leases This built of the course is fairly easy, the format is beautifully designed interesting interactive video, the course flows from basis to Accounting to the preparation of financial statements first and then the more complex and frequently used areas of Accounting have been dealt with. This course also covers various practical concepts that are quite useful when you are maintaining your books in accounting software. In short, in the next 3 hours, you will be able to understand all the basic aspects of Accounting that you need to know to well handle your business financials. ................................................................ What is Accounting: Accounting, Bookkeeping, and Financial Statements Preparation are three steps to achieve one main goal, keeping a track of business money and prepare reports to provide a financial summary for stakeholders. Why you should learn Accounting: Every single business needs to record its income and expenses, not just for internal management and control, but also for external stakeholders like government, tax authorities, investors, lenders, and even suppliers and customers. Having a good command of numbers and the idea of how cash flows are recorded and presented makes you a better professional. Who should take this course: Accounting and Finance Students Business Students Aspiring Accountants Professionals Entrepreneurs Business Owners Investors Startup founders Prerequisite: This course starts from zero, no background knowledge is required to start learning in this course. Even 12 years old can also learn Bookkeeping, Accounting, and Financial Statements Preparation in this course. Money-Back Guarantee: Nothing to lose! If you will not be satisfied with the course, Udemy offers 30 days money-back guarantee! Introduction to the teacher: Chartered Accountant | 12 years of work experience | 12 years of teaching experience as visiting faculty I am a Certified Chartered Accountant (ACCA) from the UK with 12 years of professional work and teaching experience and have taught more than 4,000 students in class and 100,000+ students on Udemy! I have implemented accounting software and ERP at various organizations and have expertise in financial transformation. I have been leading accountancy practice for small and medium-sized entities for the last 4 months and have frequent interaction with entrepreneurs. So I know what exactly do entrepreneurs need to know to well manage their books.
- Bookkeeping | Rules of recording transactions
- Accounting | Accounting Concepts | Period end Adjustments
- Financial Statements Preperation | Profit & Loss Statement | Balance Sheet
- Depreciation | Depreciation methods | Accounting for Depreciation
- Inventory | Inventory Valuation methods | Inventory Accounting
- Accruals & Prepayments
Temario
UNIDAD 1 - Introduction to Accounting · 10 leccionesUNIDAD 1 - Introduction to Accounting
UNIDAD 1 - Introduction to Accounting
- Understanding Accounting
- Key classes and terms in Accounting
- Understanding Profit & Profit & Loss Statement
- Note for USA students: Regional difference in terms
- Understanding Owner's Capital & Balance Sheet
- Seperate Entity Concept
- Liabilities and Owner's Capital
- Understanding Dual Impact of a Transaction
- The Accounting Equation
- Key Terms/classes in Accounting
UNIDAD 2 - Recording Income, Expenses, Assets, Liabilites, & Owner's Capital · 8 leccionesUNIDAD 2 - Recording Income, Expenses, Assets, Liabilites, & Owner's Capital
UNIDAD 2 - Recording Income, Expenses, Assets, Liabilites, & Owner's Capital
- Recording in Accounting
- Recording Debit and Credit for Assets - Practice
- Debit and Credit rules for Liabilities, Owner's Capital, Income, & Expenses
- Alternative way to understand and remember debit/credit rules
- Double Entry Accounting/Bookkeeping with Debit & Credits
- Debit & Credit Practice
- Journal Entry
- Practice - debits and credits
UNIDAD 3 - Practice: Bookkeeping, Accounting, & Financial Statements Preparation · 6 leccionesUNIDAD 3 - Practice: Bookkeeping, Accounting, & Financial Statements Preparation
UNIDAD 3 - Practice: Bookkeeping, Accounting, & Financial Statements Preparation
- Introduction
- Recording Journal Entries
- Posting Entries to the Ledgers
- From ledgers to the Trial Balance
- Preparing Profit and Loss Statement
- Preparing Balance Sheet
UNIDAD 4 - Further classification in Assets, liabilities, Income and Expenses · 7 leccionesUNIDAD 4 - Further classification in Assets, liabilities, Income and Expenses
UNIDAD 4 - Further classification in Assets, liabilities, Income and Expenses
- Understanding and Classifying Assets
- Classifying Assets based on their physical substance
- Understanding and Classifying Liabilities
- The Formal Balance Sheet Format
- Understanding and Classifying Expenses
- Understanding and Classifying Income
- The Formal Profit & Loss Statement Format
UNIDAD 5 - Back to Practice Session · 7 leccionesUNIDAD 5 - Back to Practice Session
UNIDAD 5 - Back to Practice Session
- Financial Statements
- Closing ledgers for the month
- Transferring balances to the next month ledgers
- Homework: End to End Accounting & Bookkeeping- November
- Homework Answers
- Note: Accounting Standards Around the World
- Note: Few Terminology differences
UNIDAD 6 - Bank Reconciliation · 9 leccionesUNIDAD 6 - Bank Reconciliation
UNIDAD 6 - Bank Reconciliation
- Understanding Reconciliation
- Impact of Bank Reconciliation
- Understanding Bank Statement
- Bank Reconciliation Case 1 and Case 2
- Bank Reconciliation Case 2 Part 2
- Bank Reconciliation Part 3
- Practice - Bank Reconciliation
- Understanding Positive and Negative Balance terms
- Complete Bank Reconciliation Assignment
UNIDAD 7 - Credit Transactions | Receivables | Payables · 6 leccionesUNIDAD 7 - Credit Transactions | Receivables | Payables
UNIDAD 7 - Credit Transactions | Receivables | Payables
- Understanding Cash and Credit Transaction
- Cash and Accrual Accounting
- Cash and Accrual Accounting - Examples
- Understanding Receivables and Payables
- Understanding Trade and Other Receivables/Payables
- Alternate terms
UNIDAD 8 - Accounting for Expenses and Payables · 11 leccionesUNIDAD 8 - Accounting for Expenses and Payables
UNIDAD 8 - Accounting for Expenses and Payables
- Introduction and recording Cash Expenses
- Recording Credit Expenses
- Recording Cancellation/Reversal of Credit Expenses
- Recording Payment to Payables
- Recording Interest charged for late payment
- Accounting for Trade Discount
- Accounting for Cash Discount
- Practice - End to end Bookkeeping, Accounting & FS for Expenses
- Closing entries for April
- May 2021 - Bookkeeping, Accounting, & Financial Statements
- Key documents related to Expenses and Payables
UNIDAD 9 - Accounting for Income and Receivables · 19 leccionesUNIDAD 9 - Accounting for Income and Receivables
UNIDAD 9 - Accounting for Income and Receivables
- Introduction
- Recording Cash Income and its Reversal
- Recording Credit Income and reversal
- Recording Cash Received from Receivables
- Interest charged to Receivables for late payment
- Accounting for Trade Discount
- Accounting for Cash Discount
- Accounting for Bad Debts
- End of Beginners Level
- Understanding Doubtful Debts and Allowance for Doubtful Debts
- Other terms for Allowance for Receivables
- Accounting for the Allowance for Doubtful Debts
- Understanding Gross and Net Receivables
- Recording the Allowance - Detailed Example
- Increasing the Allowance
- Practice - Allowance for Doubtful Debts - Year 3
- Recording Allowance for Doubtful Debts
- Journal Entry and Period End Adjustments
- Introduction to Adjusting Entries | Understanding Accounting & Bookkeeping Cycle
UNIDAD 10 - Sales tax - Brief Intro and Accounting · 11 leccionesUNIDAD 10 - Sales tax - Brief Intro and Accounting
UNIDAD 10 - Sales tax - Brief Intro and Accounting
- Note for students
- What is Sales tax?
- Who can collect Sales tax?
- What to do with the collected Sales tax?
- Accounting for Sales tax on Income
- Accounting for Sales tax on Expenses
- Practice - Sales tax Bookkeeping and Accounting
- Sales tax Bookkeeping and Accounting - month 3
- Understanding VAT as a system
- Basic maths to convert Gross Amount to Net Amount
- Sales Tax
UNIDAD 11 - Sales tax Accounting - USA · 6 leccionesUNIDAD 11 - Sales tax Accounting - USA
UNIDAD 11 - Sales tax Accounting - USA
- Introduction
- Sales tax Accounting entries - Buyer
- Sales tax Accounting entries - Seller
- Example
- Understanding how Sales tax rate is calculated
- Example - Accounting entries
UNIDAD 12 - Accruals and Prepayments · 14 leccionesUNIDAD 12 - Accruals and Prepayments
UNIDAD 12 - Accruals and Prepayments
- Understanding Prepayments
- Prepayments - Understanding Cashflows, Prepaid, Expense, and Prepaid Balance
- Accounting for Prepaid Expenses
- Monthly/Quarterly Reporting
- Note: Month-End Adjustments
- Prepaid Income - Overview and cashflows
- Accounting for Prepaid Income
- Before we start Accruals Accounting
- Understanding Accruals
- Accrued Expenses - Overview and Cashflows
- Accounting for Accrued Expenses
- Accrued Income - Overview and Cashflows
- Accounting for Accrued Income
- Terminology difference
UNIDAD 13 - Accounting for Non-Current Assets · 38 leccionesUNIDAD 13 - Accounting for Non-Current Assets
UNIDAD 13 - Accounting for Non-Current Assets
- Introduction to Non-Current Assets
- Introduction to Accounting for NCAs
- Accounting for Purchase of NCAs
- Fall in the value of asset - Depreciation
- Understanding basic terms related to the NCA depreciation
- Note:
- Straight line method of depreciation
- Example - straight line depreciation
- Understanding Accumulated depreciation & Net Book Value
- Depreciation method 2 - Reducing Balance Method
- Practice - Reducing balance method
- Mathematical shortcuts - reducing balance method
- Calculating depreciation rate - reducing balance method
- Depreciation method 3: Number of units method or machine hours method
- Homework: Number of Units Method
- Homework answers Number of Units Method
- Depreciation method 4: Sum of Years Digits Method
- Example: Sum of years digits method
- Choosing a method of Depreciation
- Sales or Assets > Gain or loss on disposal
- Example - Gain or loss on disposal
- Accounting for NCA
- Accounting for NCA - Example
- Accounting for NCA - Homework
- Methods of Accounting for NCA
- Methods of Accounting - Asset Account maintained at Cost - Example
- Homework - Asset Account at Cost - Accounting entries
- Depreciation and accounting entries - Practice
- Depreciation for Assets purchased and sold between the year
- Example of Method 1 for Assets Purchased/Sold between the year
- Example of Method 2 for Assets Purchased/Sold between the year
- Asset purchased/sold between the year - Example with Reducing Balance method
- Asset purchased/sold between the year - Example with Reducing balance method 2
- Depreciation of land
- Note for next lectures
- Revaluation of Assets
- Accounting for upward revaluation
- Accounting for downward revaluation
UNIDAD 14 - Accounting for Intangible Assets · 13 leccionesUNIDAD 14 - Accounting for Intangible Assets
UNIDAD 14 - Accounting for Intangible Assets
- Introduction
- Definitions - intangible assets
- Accounting for Intangible Assets
- Accounting entries
- Example: Accounting for Intangible Assets
- Amortization based on usage
- Amortization of Intangible assets with indefinite life
- Internally generated Intangible Assets
- Research & Development
- Summary
- Quiz - Accounting for intangible assets
- Homework: Calculating Amortization
- Intangible Assets with indefinite life
UNIDAD 15 - Accounting for Impairment of Assets · 9 leccionesUNIDAD 15 - Accounting for Impairment of Assets
UNIDAD 15 - Accounting for Impairment of Assets
- Introduction
- Calculation of Impairment - International Students
- Calculation of Impairment - USA students
- Accounting entries to record Impairment
- Homework for international students
- Homework for US students
- Reversal of Impairment
- Max Impairment Reversal for Depreciable Assets
- Homework: Impairment reversal
UNIDAD 16 - Accounting for Inventory - Trading Business · 17 leccionesUNIDAD 16 - Accounting for Inventory - Trading Business
UNIDAD 16 - Accounting for Inventory - Trading Business
- Understanding Trading Business and Key Terms
- Accounting for Purchases
- Accounting for Sales
- Inventory Accounting Systems and Periodic System of Inventory Accounting
- Periodic System of Inventory Accounting - Example
- Perpetual System of Inventory Accounting
- Perpetual System of Inventory Accounting - Example
- Inventory Valuation Methods
- LIFO - Periodic Inventory Accounting
- LIFO - Perpetual Inventory Accounting
- Weighted Average under Periodic Inventory Accounting
- Weighted Average under Perpetual Inventory Accounting
- FIFO with Periodic and Perpetual Inventory Accounting
- Recording Inventory damage, obsolescence, and theft
- Understanding Net Realizible Value
- Writing down inventory value to NRV
- Example - writing down inventory
UNIDAD 17 - Equity Accounting for Company · 23 leccionesUNIDAD 17 - Equity Accounting for Company
UNIDAD 17 - Equity Accounting for Company
- Introduction to the type of business and limited liability
- Understanding Company Ownership and Shares
- Understanding Face Value of a Share
- Note: Other terms used for face value
- Accounting for Issue of shares (at par)
- Accounting for Issue of shares at Premium
- Accounting for issue of shares at discount
- Right issue of shares
- Bonus issue of shares
- Note: Terminology difference
- Important notes about Shares
- Understanding Dividend
- Accounting for Dividends
- Accounting for Dividends - Example
- Understanding Capital
- Understanding Bonds
- Accounting for Bonds
- Accounting for Bank Loan
- Understanding Equity and Reserves
- Reclassification of Reserve
- Understanding statutory and non-statutory reserve
- Statement of Changes in Equity
- Practice session
UNIDAD 18 - Accounting for Leases · 8 leccionesUNIDAD 18 - Accounting for Leases
UNIDAD 18 - Accounting for Leases
- Introduction to lease
- Types of Lease
- Accounting for Operating Lease
- Understanding Finance Lease payments
- Accounting concept guiding finance lease accounting
- Accounting for Finance Lease - Lessee
- Accounting for Finance Lease - Lessor
- Fun lecture - lease calculations
UNIDAD 19 - Accounting for Contingent Assets, Contingent Liabilities, & Provisions · 11 leccionesUNIDAD 19 - Accounting for Contingent Assets, Contingent Liabilities, & Provisions
UNIDAD 19 - Accounting for Contingent Assets, Contingent Liabilities, & Provisions
- Introduction
- Understanding probability and related terms
- Note for USA students: Probable threshold
- Liability vs Provision vs Contingent Liability
- Deciding whether to Record or Disclose based on reliable estimate
- Contingent Liability
- Examples Part 1
- Examples part 2
- Examples part 3
- Recording Provision - Accounting entry
- Recording and updating Provisions - Example
UNIDAD 20 - Foreign Currency Accounting · 9 leccionesUNIDAD 20 - Foreign Currency Accounting
UNIDAD 20 - Foreign Currency Accounting
- Introduction
- Currency Conversion
- Currency Conversion - Home work
- Recording Foreign Currency transaction
- Reporting Foreign Currency Values
- Example 1: Reporting Foreign Currency Values
- Example 2: Reporting Foreign Currency Values
- Recording FC expense paid from FC bank account
- Homework: Recording FC expense paid from FC bank account
UNIDAD 21 - Understanding Profit terms and calculations · 4 leccionesUNIDAD 21 - Understanding Profit terms and calculations
UNIDAD 21 - Understanding Profit terms and calculations
- Profit percentage
- Markup and Margin Example
- Converting Markup to Margin and vice versa
- Markup and Margin practice
UNIDAD 22 - Financial Statements · 7 leccionesUNIDAD 22 - Financial Statements
UNIDAD 22 - Financial Statements
- What are Financial Statements, why are they so Important and valuable
- Basic 'Profit & Loss Statement' revision
- Understanding Operating & Non-operating Income and Expenses
- Profit & Loss Statement - Complete Structure
- Balance Sheet - Revision
- Statement of Changes in Equity - Revision
- Cash Flow Statement
UNIDAD 23 - Cash Flow Statement · 19 leccionesUNIDAD 23 - Cash Flow Statement
UNIDAD 23 - Cash Flow Statement
- Cash Flow Statement - Introduction
- Cash Flow Statement - Quick Example
- Cash Flow from Investing Activities
- Cash Flow from Financing Activities
- Cash Flow from Operating Activities
- Cash Flow from Operating Activities - Indirect Method
- Increase in Receivables
- Increase in Payables
- Increase in Inventory and Payables
- Cash Flow Statement - Complete format
- Cash Received from raising new Loans
- Cash Received from the issue of Shares
- Calculating Cash paid in the Interest Payment
- Calculating Cash paid in the Tax Payment
- Calculating Cash Paid for the Purchase of Non-Current Assets
- Preparing Complete Cash Flow Statement - 2019
- Preparing Cash Flow Statement - 2020
- Preparing Cash Flow Statement - 2021
- Preparing Cash Flow Statement - Fun time
UNIDAD 24 - Financial Statement Analysis · 14 leccionesUNIDAD 24 - Financial Statement Analysis
UNIDAD 24 - Financial Statement Analysis
- Understanding Financial Analysis
- Understanding Horizontal Analysis & Analyzing Income Statement Horizontally
- Horizontal Analysis of Balance Sheet
- Understanding Vertical Analysis and Analyzing Income Statement Vertically
- Vertical Analysis of Balance Sheet
- Introduction to Accounting Ratios
- Asset turnover
- Profit Margin
- Return on Assets
- Return on Capital Employed
- Return on Equity
- Calculating Ratios - Practice
- Analyzing Liquidity - Cash Ratio, Current Ratio, and Quick Ratio
- Operating Efficiency Ratios
UNIDAD 25 - Accounting for Manufacturing Companies · 6 leccionesUNIDAD 25 - Accounting for Manufacturing Companies
UNIDAD 25 - Accounting for Manufacturing Companies
- Introduction - Understanding where is the difference
- Understanding Cost per Unit and Cost Unit
- Understanding Direct Costs & Indirect Costs
- Absorption of Overheads on Products - Absorption Costing
- Costing - Calculating Cost per Unit - Example
- Journal Entries to record the Production Costs in different stages
UNIDAD 26 - Understanding and Navigating Accounting Standards · 5 leccionesUNIDAD 26 - Understanding and Navigating Accounting Standards
UNIDAD 26 - Understanding and Navigating Accounting Standards
- Introduction to the Accounting Standards
- Examples of Accounting Standards
- Making Financial Statements trustable - Audit
- Navigating IFRS
- Navigating GAAP
UNIDAD 27 - Taxation for Accountants and Bookkeepers · 15 leccionesUNIDAD 27 - Taxation for Accountants and Bookkeepers
UNIDAD 27 - Taxation for Accountants and Bookkeepers
- Introduction and scope
- Different types of tax
- Tax on Income - Allowable and Non-Allowable Expenses
- Tax on Income - taxable income, exempt income, & income subject to special rate
- Tax depreciation
- Calculating tax - Example
- Journal entries to record tax
- Accounting entries if tax liability is finalized after year end
- Understanding Tax differences
- Deferred tax
- Deferred tax - Example 2 with Deferred tax liability
- Carry forward the losses
- Withholding tax
- Learning your country specific tax rules
- Country-Specific Tax Discovery Lab
UNIDAD 28 - Accounting for Payroll - Salaries & Wages · 6 leccionesUNIDAD 28 - Accounting for Payroll - Salaries & Wages
UNIDAD 28 - Accounting for Payroll - Salaries & Wages
- Introduction
- Basic Pay, Gross Pay, and Net Pay
- Employer contributions
- Employee deductions
- Bringing it all togeather
- Explore Payroll tax and other deductions in your country
UNIDAD 29 - Consolidation of Financial Statements · 22 leccionesUNIDAD 29 - Consolidation of Financial Statements
UNIDAD 29 - Consolidation of Financial Statements
- Introduction
- Accounting for Investments
- Example - Accounting for Investments
- Accounting for Investments - Cost model - Example
- Accounting for Associates
- Example - Accounting for Associates
- Accounting for Subsidiary
- Consolidation
- Consolidation - Cancelling common items
- Consolidation - Cancelling common items Part 2
- Consolidation - Cancelling common items Part 3
- Goodwill on acquisition
- Practice - Preparing Consolidated Balance Sheet
- Post acquisition retained earnings
- Rule 3: Consolidate as if you own everything
- Consolidate as if you own everything - Balance Sheet
- Consolidate as if you own everything - Calculation of Goodwill
- Homework - Calculation of Goodwill with NCI
- Homework: Preparing Consolidated Financial Statements
- Non Controlling Interest: Key points
- NCI Proportionate Share Method (IFRS only)
- Intra group trading and unrealized profits
UNIDAD 30 - Understanding Accounting Jobs · 4 leccionesUNIDAD 30 - Understanding Accounting Jobs
UNIDAD 30 - Understanding Accounting Jobs
- Not just number crunchers!
- From Jack of All Trades to Specialized Roles: Key Accounting Functions Explained
- Other Jobs in Accounting department
- Supervisors, Managers, and Controllers
UNIDAD 31 - Other Miscellaneous & Practical Concepts for Accountants · 3 leccionesUNIDAD 31 - Other Miscellaneous & Practical Concepts for Accountants
UNIDAD 31 - Other Miscellaneous & Practical Concepts for Accountants
- Schedules in Accounting
- External Audit
- Becoming Job-Ready
UNIDAD 32 - Bonus Section · 1 leccionesUNIDAD 32 - Bonus Section
UNIDAD 32 - Bonus Section
- Bonus lecture
Tu certificado lo emite la SEP, no solo una plataforma
Al demostrar la competencia recibes un certificado emitido por la Secretaría de Educación Pública a través del Gobierno del Estado de México: un documento oficial que puedes presentar con confianza ante cualquier empleador o institución.
Tu certificado con INEC
- Lo emite la Secretaría de Educación Pública (SEP), a través del Gobierno del Estado de México
- Documento oficial con folio verificable en línea
- Lo otorga la Universidad Tecnológica Fidel Velázquez
Otras plataformas en línea
- Constancia privada emitida por la misma plataforma
- Solo acredita horas cursadas o asistencia
- Sin respaldo de una autoridad educativa
Tu itinerario, de la inscripción al certificado
- 1
Inscripción con pago único
Pagas $2,800 MXN una sola vez y entras de inmediato al curso.
- 2
Estudias a tu ritmo
32 unidades con videos, lecturas y actividades, disponibles 24/7 durante 12 meses.
- 3
Cuestionarios por unidad
10 cuestionarios para comprobar lo aprendido.
- 4
Certificado
Emitido por la SEP a través del Gobierno del Estado de México, con folio verificable.
Un certificado oficial de la SEP
- Emitido por la Secretaría de Educación Pública (SEP), a través del Gobierno del Estado de México. No es una constancia privada: es un documento oficial, y ese respaldo marca la diferencia frente a otras plataformas en línea.
- Contenido impartido por Irfan Sharif ACA ACCA | #1 Best Selling Instructor of Accounting & Bookkeeping.
- Folio y QR verificables para compartirlo con quien te contrate.
Empieza hoy, a tu ritmo
Un solo pago y acceso inmediato al curso completo durante 12 meses.
- 32 unidades · 348 lecciones · 60 h
- 12 meses de acceso
- 10 cuestionarios de evaluación
- Certificado emitido por la SEP (Gob. del Estado de México) con folio verificable
Sobre tu inscripción
¿Cómo es el pago?
Un solo pago de $2,800 MXN. No hay mensualidades ni cargos recurrentes.
¿Cuánto tiempo tengo acceso?
12 meses desde tu inscripción, 24/7, para avanzar a tu ritmo.
¿Quién imparte el contenido?
El curso es impartido por Irfan Sharif ACA ACCA | #1 Best Selling Instructor of Accounting & Bookkeeping; INEC gestiona tu inscripción, evaluación y certificado.
¿Qué pasa cuando vence mi acceso?
Puedes renovar tu cuenta tú mismo desde la plataforma, sin trámites ni esperas.


