Introduction to bookkeeping and Accounting (Udemy.com)

Introduction to Bookkeeping and Accounting, Assets, liabilities, I&E and the Accounting equation

Created by: Paula Guilfoyle CPA & MVP

Produced in 2019

icon
What you will learn

  • Outline the importance of bookkeeping and how it ties in with Accounting
  • Identify common business documents
  • Recognise reasons for document retention, filing and security
  • Describe different types of transactions
  • Explain Assets, Liabilities, Revenue and Expenditure
  • Carry out computations using the Accounting Equation

icon
Quality Score

Content Quality
/
Video Quality
/
Qualified Instructor
/
Course Pace
/
Course Depth & Coverage
/

Overall Score : 88 / 100

icon
Course Description

Are you interested in studying bookkeeping or accounting but don't know where to start? Are you studying for your first year professional Bookkeeping exams or Financial Accounting exams (ACCA, CPA) and need to do some exam prep? Do you want to refresh bookkeeping and accounting skills from the past?

INTRODUCTION BOOKKEEPING AND ACCOUNTING

Bookkeeping and Accounting is not for everyone, but a rounded business person will understand how to keep proper and correct books. If you are a small business owner, or part of a larger organisation, having bookkeeping and accounting knowledge is a must have business skill.

CONTENTS AND OVERVIEW

We will first look at the role of a bookkeeper and the importance of that role in the business accounting process. We will then examine different types of business documents and reasons for document retention, filing and security. After we describe different types of transactions, we will then explain the terms Assets, Liabilities, Capital, Revenue and Expenditure. In addition to this we will also carry out some calculations using the Accounting Equation.

This course is short but comprehensive, and will take you about 30 min to watch all the tutorials. This course houses a fantastic question bank on the topics covered, ensuring the learner has the opportunity to apply their understanding to examples, making this course ideal for those taking first year professional Bookkeeping exams or Financial Accounting exams (ACCA, CPA) and want some additional help.

In addition to this, this course also contains detailed notes, and a chance to interact with other learners and the instructor, via the course community discussion board, and life time access. Who this course is for:
Are you interested in studying Bookkeeping or Accounting?
Do you want to know how to keep books correctly for your own businessDo you wish to refresh some business and accounting skillsAre you studying ACCA, CPA, CA first year financial accounting and need some exam prep?
Are you studying for professional bookkeeping exams?
Then this course is for you

icon
Instructor Details

Paula Guilfoyle CPA & MVP

Paula is a qualified CPA with over 15 years' experience in the fields of Accountancy, Business Management, Process improvement, Internal Audit, Group accountant, Operations Management and Training. All across a broad range of industries and sectors. Paula has been Key Speaker at many Accounting Events where her talks on Excel are received very positively. Taken from her experiences in Accounting and business fields, Paula also has Udemy courses for those wishing to upskill, especially in the area of Spreadsheets, Bookkeeping and Accounting.
In 2021 Paula was awarded with a Microsoft MVP award for her dedication to Excel and the Excel community.

icon
Reviews

4.4

138 total reviews

5 star 4 star 3 star 2 star 1 star
% Complete
% Complete
% Complete
% Complete
% Complete

By Carlos Huey on 11/7/2020

The course was very good. The instructor made the information easy to remember and grasp.

By Samantha Marsch on 10/8/2020

Very helpful in learning the basic concepts of Bookkeeping and Accounting. I feel more comfortable with these terms and topics after taking this course and the instructor makes it simple and easy to understand in real terms.

By Udemy on 8/26/2020

Yes, it gave me a better understanding of how important Financial Documents are and its record keeping.

By Zaidat Olawale on 8/24/2020

Very basic and not detailed enough

By Priscille Salomo Belinda on 8/10/2020

it was a good reminder of high school accounting.

By Mike Krizmanich on 8/5/2020

This was a good beginning intro to bookkeeping, I personally learned a lot from this course.

By Riza Bulent OZYIGIT on 6/9/2020

Thank you, Paula. I made a good start with your introduction course in bookkeeping and Accounting. I will take your other bookkeeping courses respectively as well.

By Simonne Miles on 6/2/2020

Course was informative about the very basics of bookkeeping. More "theory base" but gave great examples.

By Leslie Daring on 5/18/2020

I enjoyed the course very much! I was surprised by how much I retained. And plan on continuing the courses. Next stop: Professional Bookkeeping and Accounting 1: Sales & Purchases. Can't wait! Thanks

By Siti Nur Azziera Yusof on 5/14/2020

So far I can understand her lessons very well...

By Laura Sarvay on 5/13/2020

Good overview of concepts. I appreciated the examples of assets and liabilities to better comprehend the differences.

By Marisa Gullo on 5/12/2020

Good so far. helpful