Basic Accounting

Accounting Courses

Basic Accounting Course

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Basic Accounting Course

Familiarize yourself with accounting fundamentals and accounting treatments in financial statements with our well-curated Basic Accounting Course.

4.8/5

Certification on course completion

2+ hours of self paced video tutorials

1-year unlimited access to course assets

Certification on course completion

2+ hours of self paced video tutorials

1-year unlimited access to course assets

Secret Sauce For Basic Accounting Course

Lessons By Industry Experts

Outstanding Curriculum With Video Tutorials

Accounting Stories and Real-World Examples

Engaging Case Studies

HIGHLIGHTS

Highlights Of The Course

2+ Hours

2+ Hours : Over 2+ hour self-paced video tutorials

365 Days

365 Days : 1-year unlimited access to the course

Download Templates

Download Templates : Downloadable Excel templates for practice

Certification

Certification : Basic accounting certificate on successful course completion

This basic accounting course online can provide an instant breakthrough to your career. You will have engaging video tutorials of more than 2 hours to ensure a complete understanding of the concepts. You will be able to access the course material unlimited times for a year. Besides this, you can also download the Excel templates used in this course. When you complete these lessons and clear the exam, you will become certified in basic accounting. All in all, this course enriches your financial and accounting knowledge, prepares you for new opportunities, and increases your potential income.

TESTIMONIAL

What Learners Are Saying

I enjoyed learning accounting at…

5/5

I enjoyed learning accounting at Wallstreetmojo. The course covered all the accounting topics with detailed explanation and practical examples. Helped me gain more knowledge about accounting.

5/5

James

BENEFITS AND FEATURES

Benefits & Features Of The Course

Financial Management Expertise

Leadership Skills

Decision-Making Ability

Career Growth Opportunities

Critical Thinking Ability

Higher Earning Potential

These basic accounting classes online provide long-term advantages to the learners by ensuring value addition to their resume with the following benefits:

#1 - Financial Management Expertise:

With this basic accounting training, learn the art of mastering accounting concepts, including financial reporting, forecasting, planning, and budgeting.

#2 - Leadership Skills:

Nurture the ability to study the financials and think strategically and demonstrate your leadership skills when working in the finance and accounting sector through this complete learning module.

#3 - Decision-Making Ability:

On the journey of improving your financial literacy, empower yourself to make sound financial, business, and investment decisions backed by proper analysis of the company's statements.

#4 - Career Growth Opportunities:

Come across exciting job opportunities to boost your career to new heights. With this certification, you will become eligible for many entry-level accounting positions that can give you a chance to kick-start your career in finance and accounting.

#5 - Critical Thinking Ability:

Constant use of mathematical equations with accounting logic helps you strengthen your critical thinking efficiency and problem-solving skills. Now, you will have a profit and loss perspective for everything you do.

#6- Higher Earning Potential:

Students, part-time workers, and unemployed individuals can enhance their income by securing an accounts trainee or intern position.

QUICK FACTS

Industry Trend

SKILLS COVERED

What Will You Learn?

Bookkeeping skills

Analysis of financial statements

Budgeting skills

Financial discipline and planning

Critical thinking and decision-making ability

Realizing time value of money

Our basic accounting classes will not only help you understand the fundamentals of bookkeeping but also teach you the art of interpreting a business's financial position by going through its financial statements. You will become a pro in preparing a budget for your personal or business finances to keep track of your income and expenses. Furthermore, you will have the inner discipline to plan and manage your money wisely. Indeed, you will master rational decision-making in every field. Also, you will recognize the time value of money after taking this course.

PROGRAM OVERVIEW

Course Description

The basic accounting short courses are designed keeping in mind that the learner is new to the finance and accounting world and needs to learn everything from scratch. Join these basic accounting classes online to acquaint yourself with the role of revenue, expenses, assets, and liabilities in shaping the company's financial health. The course begins with a narrative on the accounting fundamentals and then unfolds different types of financial statements one by one.

The course enlightens you on income statements by providing an overview of them and their components. Moreover, it provides practical exposure through the inclusion of case studies on revenues, account receivables, expenses, and interest expenses.

Moving ahead, these classes introduce you to the balance sheet, which reflects a company's overall financial position. Indeed, you will come across various case studies to learn the accounting treatment of the tricky balance sheet items, including common stock, purchase of vehicles, prepaid insurance, debt revisited, inventory, and unearned revenue.

Further, you will learn about consolidated financial statements, which are relevant when reporting the finances of a group of companies. These include consolidated income statements, consolidated balance sheets, and consolidated cash flows. Lastly, the training session covers the classifications of cash flow statements, i.e., operating, investing, and financing activities.

ROLES FOR FINANCE

Careers With Accounting Skills

Bookkeeping Clerks

Trainee Accountants

Accounting Assistants

Finance Assistants

Assistant Auditors

#1 - Bookkeeping Clerks:

The bookkeeping clerks are responsible for entering the transactions into the company's general ledger book. They systematically prepare financial statements and reports. Also, they manage various financial transactions and activities like cheque deposits in banks. The average annual salary of these professionals, as of June 27, 2024, is approximately $45,390. The highest-paying companies in this profile are Key Personnel, MWIDM Inc., Dexian, Ledgent Finance & Accounting, and Pasco County, FL.

#2 - Trainee Accountants:

These are accounting interns who have a clear idea of bookkeeping, accounts, taxation, and auditing. They assist the accountants in maintaining invoices, going through the ledger accounts, managing the payroll and inventory, and ensuring that all the accounts are accurate. A trainee can annually earn around $69,857 per June 27, 2024, records. Nevertheless, the top recruiters of this profile are Seasons Kosher Supermarket, Real Fruit Bubble Tea, Ledgent Finance & Accounting, Eagle RailCar Services, and Interpreters and Translators, Inc.

#3 - Accounting Assistants:

An accounting clerk is an individual appointed under an accountant to accomplish various routine activities like maintaining the record of receipts and expenses, issuing invoices, overseeing all the payments, preparing financial statements, and ensuring precision in maintaining the financial records. The average annual salary of accounting assistants in the US is $127,994 as of June 27, 2024, while the top recruiters include Thurston County, Elite Lighting, Business Talent Solutions, the State of Nevada, and the City of Albuquerque.

#4 - Finance Assistants:

A finance assistant is responsible for preparing the budget, participating in financial decision-making, and devising future financial and investment plans and strategies. Such professionals can make around $53,264 per year as of June 27, 2024. Also, some of the top hiring companies are Volunteers of America, Texas Department of Banking, Ameriprise Financial, Paths, LLC, and Bill Luke Auto Groups.

#5 - Assistant Auditors:

The audit assistants verify the mathematical accuracy of the financial documents by tallying them with the respective receipts and invoices to ensure that there are no recording, transcription, or calculation errors. These individuals can earn around $79,813 annually as per June 27, 2024; the best-paying companies include USAA, Baker Tilly US, PwC, Grant Thornton, and BDO.

WHAT WILL YOU GAIN IN THIS COURSE?

Course Curriculum

Introduction to Basic Accounting

Story of Accounting

Case Study 1 - Revenues

Case Study 2 - Accounts Receivables

In this journey of basic accounting training online, you will first get an idea of the accounting fundamentals, followed by an elaborate accounting story that you will find of interest. You will also discover more about the income statement and the accounting treatment of various income statement components in real life through our case studies on revenue, accounts receivables, expenses, and interest expenses. Further, you will study the balance sheet and the practical accounting considerations of certain items through the case studies on common stock, purchase of vehicles, prepaid insurance, debt revisited, inventory, and unearned revenue. Moreover, you can familiarize yourself with the consolidated financial statements and cash flow statement classifications for a more comprehensive learning experience.

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CERTIFICATION

Earn A Certificate On Completion Of This Course

When you finish this course successfully and clear the basic accounting exam, you will be eligible for a certificate from our end. After taking all the learning sessions and attempting to the practice tests at the end of every chapter, you will be given a set of questions to answer as your final assessment. As soon as you clear it, you will be awarded a certificate of completion from WallStreetMojo. This certificate will embrace your resume while serving as proof that you have acquired a comprehensive knowledge of accounting fundamentals and concepts.

WHAT SHOULD YOU KNOW?

Prerequisites For Basic Accounting Course

There are no basic accounting eligibility criteria for the course aspirants. You can join this basic accounting course online even if you are a student with a non-commerce background, a working professional, a small business owner, a manager, or an investor. Remember, there is no minimum qualification requirement for taking these training sessions.

Stable internet connection
A device to access the modules
Knowledge of handling Excel sheets
Willingness to learn

WHO ARE ELIGIBLE TO LEARN?

Who Should Attend The Basic Accounting Course?

Students

Professionals

Entrepreneurs and Small Business Owners

Managers and Decision-Makers

Investors and Analysts

Anyone Interested in Financial Education

Basic Accounting Course

Secret Sauce For Basic Accounting Course

HIGHLIGHTS

Highlights Of The Course

2+ Hours

365 Days

Download Templates

Certification

TESTIMONIAL

What Learners Are Saying

I enjoyed learning accounting at…

BENEFITS AND FEATURES

Benefits & Features Of The Course

#1 - Financial Management Expertise:

#2 - Leadership Skills:

#3 - Decision-Making Ability:

#4 - Career Growth Opportunities:

#5 - Critical Thinking Ability:

#6- Higher Earning Potential:

QUICK FACTS

Industry Trend

SKILLS COVERED

What Will You Learn?

PROGRAM OVERVIEW

Course Description

ROLES FOR FINANCE

Careers With Accounting Skills

#1 - Bookkeeping Clerks:

#2 - Trainee Accountants:

#3 - Accounting Assistants:

#4 - Finance Assistants:

#5 - Assistant Auditors:

WHAT WILL YOU GAIN IN THIS COURSE?

Course Curriculum

Introduction to Basic Accounting

Story of Accounting

Case Study 1 - Revenues

Case Study 2 - Accounts Receivables

CERTIFICATION

Earn A Certificate On Completion Of This Course

WHAT SHOULD YOU KNOW?

Prerequisites For Basic Accounting Course

WHO ARE ELIGIBLE TO LEARN?

Who Should Attend The Basic Accounting Course?

FAQS

Frequently Asked Questions