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
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
Quality Score
Overall Score : 88 / 100
Course Description
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
Instructor Details
- 4.4 Rating
138 Reviews
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.


