This beginner-friendly track teaches you accounting from the ground up. You will start with the fundamental accounting equation and double-entry bookkeeping, then progress through recording transactions, preparing financial statements, making adjusting and closing entries, understanding internal controls and professional ethics, and performing financial analysis with ratios and common-size statements. By the end, you will be able to read, prepare, and interpret the core financial reports that every business depends on.
Understand assets, liabilities, and equity, and learn how double-entry bookkeeping with debits and credits keeps the books in balance
Learn how to create journal entries, post to ledgers, organize a chart of accounts, and prepare a trial balance
Learn to prepare and interpret the four primary financial statements: income statement, balance sheet, cash flow statement, and statement of equity
Learn how to prepare adjusting entries for accruals, deferrals, and depreciation, and how the closing process resets temporary accounts for the next period
Explore fraud prevention, Sarbanes-Oxley (SOX) basics, professional ethics, and fundamental audit concepts
Apply accounting knowledge to analyze financial statements using ratios, trend analysis, and common-size statements, then complete a capstone project
A comprehensive 20-question assessment covering all topics from the Accounting Fundamentals track
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