Principles of Accounting

Published 2022-07-12
Platform Udemy
Number of Students 1
Price $19.99
Instructors
Rashid Ahmed
Subjects

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Explanation of Accounting rules and methods begging to advance level


Dear Students/Professionals


Greetings


In this course you shall learn basic accounting rules about debit and credit, I shall briefly explain about when to give debit or credit effect to certain amounts,


I assure you if you learn these rules then you can pas accounting entries very confidently, this course is going to provide you great help in passing accounting examination of any level.


After teaching accounting rules, I shall be explaining how to prepare ledgers and trial balance of any company. Its of vital importance to understand concepts relating to trial balance as student and professional.


In this course you shall learn how to track inventories, what is LIFO,FIFO and AVERAGE METHOD for inventory management.

In this course you shall learn about short term and long term investment, you shall learn how to bifurcate short term liabilities from long term liabilities, what are current assets and non-current assets.

Preparation of bank reconciliation is of vital importance, I shall fully explain about how to prepare it


In this way step by step This course is going to explain how to prepare profit and loss account, balance sheet, cash flow statements as per IFRS (International financial reporting standards)

Beside this I am going to help you about how to analyze financials statements using accounting ratios.


To give you practical experience I shall be discussing financial statements of different companies






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