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Accounting 101 - The Principles Of Accounting (Udemy.com)

The Easiest Course In Accounting!

Created by: Shakir Elahi

Last updated May 2020

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What you will learn

  • Students will be able to classify the types of accounts
  • Students will be able to classify the types of transactions
  • Students will be able to understand debit & credit
  • Students will be able to pass Journal Entries

How it compares

Against the other 200 rated Udemy courses in Accounting on CourseDuck:

  • Rating4.6 out of 5higher than 69% of them
  • Reviews2,182#32 of 201 by number of reviews
  • Length1.5 hoursshorter than 90% of them
  • Last updatedMay 2020earlier than 75% of them

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Course Description

Principles Of Accounting:

"Accounting 101 is Part 1 out of a series of Accounting Courses that are designed to help the complete beginner, go on to master the basics concepts of accounting and move on step by step to become a professional accountant!

The course is not just theory but also takes real life examples and walks you through the accounting process. It is meant for students who would like to grasp the accounting concepts in an easy and fun learning environment. 

This is a slow moving course. Please do not expect me to move fast since it is designed for the beginner student. Those students who are already aware of accounting concepts should take a more advanced level course instead.


Course Outline:

In this course we are going to learn about the basic accounting principles of:

  • Types Accounts,

  • What are Assets?

  • What are Liabilities?

  • What is Revenue?

  • What are Expenses?

  • What is Capital?

  • Types of Transactions, Cash or Credit?

  • Double Entry System

  • Rules for Debit & Credit

  • Passing Journal Entries / Posting Entries To The General Journal

Having completed the entire series students of the proper age would be able to take up entry level jobs as accountants, however students would have to practice these concepts again and again externally so that they can grasp real world applications quickly.


Other Courses:

The other parts of this Accounting Series are as follows:

Accounting 102 - The Ledger & The Trial Balance

Accounting 103 - The Special Journals & The Subsidiary Ledgers

Accounting 104 - Bank Reconciliation & Correction Of Errors

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Instructor Details

Shakir Elahi

Hi, I’m Shakir — a businessman, investor, and trader with over 15 years of experience in the financial markets.

Over the years, I’ve developed a deep understanding of the markets through the study of mathematics, mentorship under experienced traders, and extensive analysis of patterns, indicators, and trading strategies—supported by a wide range of books and resources. This has allowed me to build a structured, disciplined, and calm approach to trading, focused on consistency rather than speculation.

What started as a profession has gradually become a passion.

I’m driven by curiosity and a constant desire to learn, build, and refine ideas. I believe that real growth comes from understanding concepts deeply and applying them in a practical way.

Through my courses, I aim to break down complex ideas into simple, actionable concepts that you can use with confidence.

If you’re serious about learning and want a clear, practical approach to the markets—you’re in the right place.


Let Me Help You Learn a New Skill

I create practical, results-focused courses designed to help you build real-world skills—whether that’s trading the financial markets, developing freelance capabilities, or preparing for professional opportunities.

My goal is simple: to teach you skills that you can actually apply.

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Reviews

4.6

2,182 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Hileni Johannes on 9/10/2026

I am very happy to be part of this learning experience, since I am already register for Bachelors of Business Administration. Level 7 , hope this will help me to exempt my Accounting 101 on my level 7 degree.

By Mohammed Shoaib Qureshi on 7/23/2026

This training about accounts and finance was very effective i have learned accounts in college and in classes still I have many doubts but after watching your training videos now I have much clarity about basic accounting principles... thank you sir

By Mathanakrishnan Swaminathan on 7/17/2026

I loved this course! It was so simple and easy to understand for a student entering college as a finance major and wanting to learn the fundamentals of accounting with zero experience in accounting to begin with.

By Tyreese Sayles on 5/8/2026

This course is very easy to understand and shows great tips and tricks on how to memorize key fundamental rules for journal entries and account classifications.

By Nicolas Gutierrez on 4/27/2026

The instructor explains everything very clear and concisely. One of the better courses for understanding the basics, (AE INCREASE DEBIT) trick is extremely helpful and simple to understand.

By Mangalpelli Suvarna on 4/17/2026

In this i understand Asset in that Tangible and intangible also understand of accounting principal like Assets, Liability, Revenue, Expenses and Capital

By Fernanda Garcia on 4/9/2026

This is the first course I felt confident enough to do the exercises on my own (looking at my notes, of course). The instructor is calmed and explains really good the reason of the exercises. Please continue to create these courses.

By Nancy Cook on 4/8/2026

It was helpful to have the quizzes, to actually apply material being presented. I can't remember if the accounting definitions of debit and credit were given previous to the double entry journal section, but that would have been helpful because they are not intuitive.

By John Dumas on 2/13/2026

Could be clearer

By AggDirect Careers on 11/29/2025

I very much enjoyed the small lectures for each topic and section. Very well informative and never made me lose track of what I was trying to learn.

By JoAnn Rauert on 10/20/2020

I like that he explains concepts concisely.

By Anily Infante on 10/9/2020

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Showing 12 of 112 reviews

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Overall Score : 92 / 100