Free online courseFinancial Accounting

Duration of the online course: 10 hours and 14 minutes

4.48

(90)

Master Financial Accounting with this comprehensive free online course! Explore topics from the accounting equation to financial ratios, journal entries, and more. Perfect for business administration enthusiasts.

Course Description

Financial Accounting Course with Tony Bell

Immerse yourself in the comprehensive world of Financial Accounting with Tony Bell. This extensive 10-hour and 14-minute course unravels the intricate details of accounting principles, making it an essential resource for those pursuing a career in Business Administration, particularly within the Accounting subcategory. With an impressive average rating of 4.48 out of 5 stars, this course is celebrated by many for its depth and clarity.

The journey begins with a foundational overview in FA1 - Introduction to Financial Accounting. As you advance, you'll explore the rudiments of The Accounting Equation. Through illustrative examples, Tony ensures you grasp the pivotal concepts of Assets, Liabilities, and Equity, setting a solid base for more complex topics ahead.

The course expertly navigates you through the processes of Preparing the Financial Statements and the Income Statement. You'll delve into crafting the Statement of Changes in Equity and the Balance Sheet, essential skills for any budding accountant. To further your analytical prowess, you'll also cover Financial Ratios, equipping you with the tools to assess the financial health of a business effectively.

Journal Entries are demystified as Tony walks you through their explanations and examples. The mechanics of T-Accounts and the Trial Balance are made clear with practical illustrations. Adjusting Journal Entries, often seen as a challenging area, are tackled with multiple examples, ensuring you gain confidence and competence.

The course doesn't stop there; it takes you deeper into Preparing Detailed Financial Statements and understanding the nuances of Closing Journal Entries. A crucial aspect of accounting, Accounting for Cash, is examined thoroughly, along with Bank Reconciliation processes and related Journal Entries.

Diverse methods of handling Accounts Receivable, including the Percentage of Sales Method and the Aging of Receivables Method, are skillfully covered, alongside practical advice on Writing Off a Receivable. Inventory management, a critical component of any accounting system, is addressed from introductory concepts to specific inventory discount scenarios.

Gain insights into Merchandiser's Financial Statements, exploring both the Statement of Changes in Equity and the Balance Sheet. Master various Inventory methods such as FIFO, LIFO, and Weighted Average, each explained with clear, practical examples. The course further delves into Capital Asset Depreciation with different methods like Straight-Line, Units of Production, and Double Declining Balance.

Understanding and accounting for liabilities, warranties, and bonds, including those issued at a discount or premium, are covered comprehensively. Discover the intricacies of Shareholders' Equity with explicit problem-solving examples, and master the crucial Statement of Cash Flows using both direct and indirect methods.

The course culminates in a thorough exploration of Financial Statement Analysis, including Horizontal and Vertical Analysis. Lastly, you'll refine your skills in Financial Ratio Calculations and Analysis, providing you with a robust toolkit to tackle real-world financial challenges.

With Tony Bell's expert guidance, this course promises to elevate your accounting knowledge, making you proficient in handling intricate financial tasks with confidence. Join the countless others who have rated this course highly and take your first step towards mastering Financial Accounting.

Conteúdo do Curso

  • Video class: FA1 - Introduction to Financial Accounting

    0h18m

  • Exercise: _What is the definition of assets in financial accounting?

  • Video class: FA2 - The Accounting Equation EXAMPLE

    0h04m

  • Video class: FA3 - Understanding Assets, Liabilities and Equity

    0h08m

  • Exercise: _What is the account type of "long term investments"?

  • Video class: FA4 - Preparing the Financial Statements

    0h07m

  • Video class: FA5 - Preparing the Income Statement

    0h12m

  • Exercise: _What type of account is wages payable and is it current or long-term?

  • Video class: FA6 - Preparing the Statement of Changes in Equity

    0h06m

  • Video class: FA7 - Preparing The Balance Sheet

    0h13m

  • Exercise: _What is the purpose of dating the balance sheet with a specific date instead of saying "for the year-end"?

  • Video class: FA8 - Financial Ratios

    0h12m

  • Video class: FA9 - Journal Entries Explained

    0h18m

  • Exercise: _What is the reason why understanding journal entries is crucial in financial accounting courses?

  • Video class: FA10 - Journal Entries Example

    0h23m

  • Video class: FA11 - T-Accounts Explained

    0h10m

  • Exercise: _What is the purpose of posting journal entries into T accounts?

  • Video class: FA12 - The Trial Balance Example

    0h06m

  • Video class: FA13 - Adjusting Journal Entries Explained

    0h04m

  • Exercise: _What is the purpose of adjusting journal entries in financial accounting?

  • Video class: FA14 - Adjusting Journal Entries EXAMPLES

    0h32m

  • Video class: FA15 - Adjusting Journal Entries - MORE EXAMPLES

    0h17m

  • Video class: FA16 - Adjusted Trial Balance

    0h09m

  • Video class: FA17 - Preparing Detailed Financial Statements

    0h17m

  • Exercise: _What is the net income of Net Lock Security for the year ended June 30, 2024?

  • Video class: FA18 - Closing Journal Entries EXPLAINED

    0h09m

  • Video class: FA19 - Accounting for Cash

    0h08m

  • Exercise: _What was the author's job at the bank?

  • Video class: FA20 - Bank Reconciliation Example

    0h18m

Financial Accounting

Free online courses on Financial Accounting

Free Financial Accounting Courses

Unlock the secrets of financial accounting with our comprehensive list of free courses. Whether you are a beginner looking to understand the basics or an experienced professional seeking to hone your skills, our curated selection of financial accounting courses will help you master the essentials. Financial accounting is a crucial subcategory of accounting that focuses on recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. Dive into our free courses to gain a solid foundation in financial accounting principles and practices.

Our selection of free financial accounting courses covers a wide range of topics, including:

  • Introduction to Financial Accounting: Get started with the basics of financial accounting, including understanding financial statements, the accounting cycle, and the principles of double-entry bookkeeping.
  • Financial Statements Analysis: Learn how to analyze financial statements to assess a company's financial health and make informed business decisions.
  • Accounting for Assets and Liabilities: Dive deep into the accounting treatment of various assets and liabilities, including cash, receivables, inventories, property, plant, equipment, and more.
  • Revenue Recognition: Understand the principles and guidelines for recognizing revenue in financial statements, including the latest standards and practices.
  • Cost Accounting: Explore the methods and techniques used to allocate costs to products and services, and understand how cost accounting supports financial decision-making.
  • Ethics in Financial Accounting: Study the ethical considerations and professional standards that govern the practice of financial accounting.
  • Advanced Financial Accounting: For those looking to deepen their knowledge, advanced courses cover complex topics such as consolidations, foreign currency transactions, and financial instruments.

Each course is designed to provide you with practical insights and hands-on experience, ensuring you can apply what you learn in real-world scenarios. These courses are perfect for students, small business owners, financial professionals, and anyone interested in understanding the financial workings of a business.

Benefits of taking our free financial accounting courses include:

  • Cost-Effective Learning: Access high-quality educational content without spending a dime.
  • Flexible Schedule: Learn at your own pace, on your own schedule, from the comfort of your home.
  • Expert Instructors: Gain insights from experienced financial accounting professionals and educators.
  • Comprehensive Curriculum: Cover all essential topics in financial accounting, from basic principles to advanced practices.
  • Practical Application: Engage in exercises and case studies that allow you to apply your knowledge in real-world situations.

Don't miss out on this opportunity to enhance your financial accounting skills. Browse our list of free financial accounting courses today and take the first step towards mastering the art of financial accounting. Whether you aim to advance your career, manage your own business finances, or simply gain a better understanding of financial accounting, our free courses are the perfect starting point.

Start learning now and unlock your potential with our free financial accounting courses!

This free course includes:

10 hours and 14 minutes of online video course

Exercises to train your knowledge

Certificate of course completion

100% free, from content to certificate

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Course comments: Financial Accounting

UH

Unathi Hlalatu

I enjoyed the course, great stuff

AD

Arpita Dnyaneshwar Gopale

knowledgeable course

AH

Ahmad Hassan

great sir ????????

MB

Maxwell Brocke

I'm in shs now and I'm learning financial accounting

MH

Muhammad hamza khan

that's great ????????.

KH

Kamrul Huda

That is a wonderful course

VK

Vincent Kachimanga

a very good tutorial... very easy to understand thanks for the lessons

AA

Arshad Ali

Such a wonderful course about accounting

DF

Desmond fidelis Obinna chukuwdi

it's a very good tutorial and very much understanding

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