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Business Accounting for Beginners
Free Business Accounting Course with Certificate
Join this free course on Business Accounting! Learn GAAP, IFRS, accruals, double-entry bookkeeping, financial statements, depreciation, amortization, accounting standards, and auditing essentials.
What you learn in Business Accounting for Beginners ?
About this Free Certificate Course
This free online course gives an introduction to key concepts such as GAAP and IFRS, ensuring a solid foundation for financial understanding. Learn the essentials of accruals, deferrals, and the double-entry system, vital for accurate bookkeeping. Explore the basics of financial statements, uncovering the significance of depreciation and amortization. Gain insight into accounting standards and the pivotal role of auditing in ensuring financial integrity.
If you are an aspiring entrepreneur or willing to grasp the essentials of business finance, this course equips you with essential knowledge to navigate accounting principles confidently.
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Course Outline
In this module, you will learn the provides an introductory exploration of business accounting fundamentals, including an overview of GAAP and IFRS. Participants will learn the core principles, practices, and standards governing financial reporting globally.
In this module, you will learn the offers a thorough grasp of Accruals, Deferrals, and the Double-Entry System in accounting. Participants discover how these concepts enhance precise financial reporting and informed decision-making in organizations.
In this module, you will learn the basics of financial statements and introduces participants to depreciation and amortization. Participants learn how financial statements reflect a company's financial status and how depreciation and amortization impact asset valuation and income recognition.
In this module, you will learn the overview of accounting standards, emphasizing GAAP and IFRS, and explores auditing's pivotal role in business accounting. Participants learn how these standards ensure consistency and transparency in financial reporting, while auditing verifies accuracy, promotes accountability, and maintains stakeholders' trust.
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Completion Certificate
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1.5 Hours
of self-paced video lectures
Frequently Asked Questions
What is business accounting?
Business accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business entity. It involves tracking income, expenses, assets, liabilities, and equity to provide insights into the financial health of a company.
Why is understanding accounting important for beginners in business?
Understanding accounting is crucial for beginners in business because it provides the foundational knowledge needed to make informed financial decisions. It helps in managing cash flow, budgeting, assessing profitability, and complying with tax regulations.
Is this course free?
Yes, this course is completely free of charge.
Is there any limit on how many times I can take this free course?
No. There is no limit. Once you enrol in the Business Accounting course, you have lifetime access to it. So, you can log in anytime and learn it for free online.
Who is eligible to take this Business Accounting course?
You do not need any prerequisites to take the course, so enroll today and learn it for free online.
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