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Accounting 2 Simplified for You (Udemy.com)

Manage payroll, cash, receivables, inventories & liabilities in easy to follow steps. Great companion of Accounting 1.

4.6
1,149 reviews

Created by: Majo Jacinto

Last updated December 2014

Our take

Based on the ratings of 1,149 students, a sample of their written reviews and the syllabus, as the course stood in December 2014. No course pays to be reviewed.

This is the second half of a two-part accounting intro from Dr. Majo Jacinto, a CPA who has taught accounting for about 15 years. It runs roughly 2.5 hours across 27 lectures and 9 sections, covering merchandising, inventories, internal control, cash, receivables, fixed assets, liabilities and payroll. Eight quizzes are spread through it. The beginner label is a little generous. The requirements assume the accounting cycle and financial statements are already familiar, so it fits people coming from her Accounting 1 or a first college class.

Reviewers mostly like the teaching. They call her clear and knowledgeable, and one found this part easier to follow than Accounting 1, though another said her long sentences were hard to track. One reviewer with no business background says it helped them understand their organization's finances. The complaints are mostly about production. Multiple reviewers say the intro music is far louder than her voice, one mentions a few late lectures with a dark background, and one wanted more interactive visuals. Another called it super basic.

The last update was December 2014. Core bookkeeping rules for inventory and depreciation change slowly, but payroll tax details are worth checking against current rules. With 4,780 students and a 4.6 average from 1,149 reviews, it has a solid track record as a quick refresher or study aid alongside a class. It is a light overview, not a deep dive.

Best forPeople who finished an intro accounting class and want inventory, receivables and payroll explained fast.
Skip it ifYou have never seen a journal entry, or you want polished modern video and heavy practice problems.

Pros

  • Short enough to finish in a weekend: 27 lectures, about 2.5 hours
  • Reviewers call the teaching clear and say the topics are well explained
  • Covers inventory methods, bank reconciliation, depreciation and payroll in one place
  • Quizzes and per-lecture handouts help it work as a study guide

Cons

  • Uneven audio: reviewers say the intro music drowns out her quiet voice
  • Last updated in 2014, and one reviewer wanted more interactive visuals
  • Handouts come as separate files per topic, not one combined PDF
The course is great for people like me who had no background in business and accounting. Now, I have a better idea about how to understand my organization and the details of its finances.
Anonymized User, a student

Labeled beginner, but it expects the accounting cycle and financial statements to be familiar from Accounting 1 or a class.

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What you will learn

  • Prepare the correct type financial statements appropriate for your type of business
  • Manage inventory. Calculate inventory costs and choose the right valuation method.
  • Discover ways to improve internal control procedures in your business
  • Be in control of your cash through bank reconciliation
  • Manage your receivables and payables
  • Record payroll and payroll taxes accurately
  • Use promissory notes in business transactions
  • Calculate depreciation expense properly using various methods
  • Estimate your bad debts
  • Calculate cash discounts and simple interest
  • Correct mistakes in recording freight transactions
  • Learn what bookkeepers do in accounting
  • Develop understanding of accounting procedures

Course content

9 sections · 27 lectures · 2.5 hours of video 8 quizzes

  1. 1Accounting for Merchandising 1 free preview4 lectures · 1 quiz · 25 min
  2. 2Inventories5 lectures · 1 quiz · 17 min
  3. 3Internal Control1 lecture · 1 quiz · 8 min
  4. 4Cash Management1 lecture · 1 quiz · 18 min
  5. 5Receivables4 lectures · 1 quiz · 26 min
  6. 6Fixed Assets 1 free preview4 lectures · 1 quiz · 20 min
  7. 7Liabilities2 lectures · 1 quiz · 11 min
  8. 8Payroll Expense and related taxes and liabilities3 lectures · 1 quiz · 16 min
  9. 9Conclusion1 lecture · 3 min

Who it is for

The instructor says it suits

  • Designed for beginners
  • Some understanding of financial statements and the accounting cycle
  • Excellent study guide for accounting and business students who are currently enrolled in their first college accounting courses
  • Ideal for those who have procrastrinated from taking required accounting courses for fear of difficulty
  • Bookkeepers, accounting clerks, managers and small business owners who are looking to better understand the landscape of business
  • College students who are contemplating accounting as a career

What you need before you start

  • Ability to add, subtract, multiply and divide
  • Some understanding of accounting basics like the accounting cycle, the recording process and financial statements
  • Analytical Skills
  • Patience and willingness to learn

How it compares

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

  • Rating4.6 out of 5higher than 69% of them
  • Reviews1,149#51 of 201 by number of reviews
  • Length2.5 hoursshorter than 79% of them
  • Last updatedDecember 2014earlier than 99% of them

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Course Description

Accounting II Simplified for You – is a continuation of a unique, no-nonsense and meaningful approach of understanding basic accounting principles, with special focus in merchandising, inventories, internal control, cash management, fixed assets, receivables, liabilities and payroll. Business transactions are illustrated in simple terms using relevant examples and easy to follow step-by-step instructions.

As the saying goes, “Accounting is the language of business." But you are NOT an accountant, so should you be left behind? ABSOLUTELY NOT! You do not need be an accountant to learn accounting. Give yourself the competitive edge of understanding accounting principles and concepts to better navigate the business environment.

This is a perfect complement to my course Accounting 1 Simplified for You -where you learn the basic framework of accounting, the recording process, the accounting cycle and financial statement preparation. These 2 courses combined will provide you with the framework you need to fully understand and apply accounting in business for any type of industry.

In this class, you will have a series of thoughtfully prepared video lectures using real-life business examples, handouts comes with every lecture and quizzes after each section to reinforce your learning. Dr. Jacinto promotes and encourages lively discussions and feedback sessions. All your questions directly related to the topic will be answered within 24 hours. This course is ideal for college business and accounting students, bookkeepers, business owners, managers and anyone who wants to better understand accounting in business in a way that makes sense to you. For work - this is an excellent go-to accounting course & guide whenever you need a quick refresher; and for school - a perfect study guide and supplement for students in accounting and business.

Read More Beginner Beginner Level product length iconTime: 2.5h

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Instructor Details

Majo Jacinto

Dr. Majo Jacinto is an active professor in accounting, audit, information systems, taxation and nonprofit accounting for approximately 15 years in both the online and ground platforms serving college and graduate students in accounting and business.

Dr. Jacinto’s academic involvement include publishing textbooks, training manuals and sponsoring NYSED approved curriculum for Continuing Professional Education (CPE) credits. As a CPA, Dr. Jacinto is an actively engaged accounting practitioner serving for profit and non-profit organizations on Long Island, NY.

She earned her Doctor of Management degree at Colorado Technical University. She completed her MBA and undergraduate degree in Accounting at New York Institute of Technology. She also completed a baccalaureate degree in Economics and Psychology.

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Reviews

4.6

1,149 ratings on Udemy

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Write a review

By Craig Kaercher on 3/23/2025

It was a very good course. The instructor is very clear and very knowledgeable. My only negative would be that in 3 or 4 topics at the end of the course, the background was dark and not showing what I presume she wanted.

By Abigail L on 3/7/2024

Dr. Jacinto explained a lot of practical processes. This course was easier for me to understand than Accounting 1, although sometimes her long sentences were hard to follow. Dr. Jacinto is the person you want to learn from--she knows a lot!

By Joaquin A Barrachina on 12/20/2020

It's good

By Anonymized User on 12/12/2020

The course is great for people like me who had no background in business and accounting. Now, I have a better idea about how to understand my organization and the details of its finances.

By Anonymized User on 12/12/2020

I was working with Intuit QuickBooks Payroll Support and Adviser and it seems to me that there is a need for me to further understand my work so I can leverage more with my customers. After each sessions I have learned a lot.

By Jerome P Caragay on 11/11/2020

It is great

By Vaibhav Gupta on 8/20/2020

It could have been better if the presentations in the resources folder can also be given as combined along with topic wise. Good course overall. Would have given 4.5 stars if the resources were available in a combined format along with topic wise. That would give people the choice to download one copy which includes everything (incase we need to refer to something and undertand multiple topics). Right now i would have to spend some time to club all the material together in one PDF file.

By Anett Toth on 7/24/2020

usefull

By Maricel Formes on 7/8/2020

interesting and very good presentation

By Joan Abrasado on 7/6/2020

Each topic is well explained that provide better understanding.
Thanks.

By Shukla on 7/1/2020

Yes, its totally matching with my expectations. Thanks

By Alexander A Lpez Lacayo on 6/27/2020

Excellent explanation and examples

Showing 12 of 38 reviews

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Quality Score

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Overall Score : 92 / 100

Accounting 2 Simplified for You
Visit course on Udemy Write a review
  • Video Duration: icon 2.5h
  • Price: See price on Udemy
  • Provider: icon Udemy
  • Updated: icon December 2014
  • Level: Beginner Beginner
  • Language: icon English
  • Certificate: icon Yes
  • Lectures:27 in 9 sections
  • Practice:8 quizzes
  • Students:4,780
  • Subtitles:2 languages
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