Accounting Essentials
E-Learning
Description
In this course, students will learn about accounting fundamentals.
In this course, students will learn about accounting fundamentals.
Upon successful completion of this course, students will understand cash and accrual accounting, basic recordkeeping, ledger and journal entries and financial statement preparation.
This course is intended for non-financial individuals who want to gain basic knowledge of accounting fundamentals.
| Lesson Id | Title | Description |
|---|---|---|
| 1 | Getting the 'Right ' Numbers |
Qualitative vs. Quantitative Decision-Making Standards Effective and Efficient Decisions Constraints |
| 2 | Review of the Financial Statements |
The Balance Sheet and Income Statement Statements of Cash Flow What the Financial Statements Do Not Tell You |
| 3 | Making Money |
Maximizing Profit or Minimizing Cost Thinking in Units Defining Cost |
| 4 | Identifying Costs and Their Behaviors |
Fixed, Variable, and Mixed Costs Relevant Range Cost Per Unit Cost Categories on the Income Statement Discerning Variable Costs Discerning Mixed Costs |
| 5 | Controlling Costs |
Contribution Margin on the Income Statement Activity-Based Costing Non-Value-Added Activity |
| 6 | Am I Breaking Even? |
The Cost-Volume-Profit Graph The Contribution Margin Approach to Break-Even Calculating 'What If' Profit Margin of Safety |
| 7 | Operating Leverage |
Defining Operating Leverage Operating Leverage and the Bottom Line |
| 8 | Influences on Pricing |
Pricing in Line with the Competition Trade-Offs Between Price and Demand Elasticity of Demand Illustrated Market and Cost Influences on Pricing Qualitative Factors in Relation to Price |
| 9 | Making the Numbers Work for You |
Responsible Decision-Making Quality Mangement |
Self-Paced
Free
This course includes: :
Full lifetime access