Accounting in 60 Minutes – A Brief Introduction
This is not your typical accounting course!
Professor Turner has taught thousands of students basic accounting. He has developed shortcuts and analogies to make learning accounting easy. If you want to understand this subject in a simple, fun way then this brief introductory course is for you.
This course will show you the very basics of accounting. You can complete it in about an hour. The course includes videos of the instructor at the whiteboard. You will complete simple quizzes to reinforce what you have learned. This course is intended for business owners, business students, managers or anyone who wants to understand basic accounting. It presents the information in an understandable format. Even if you have taken an accounting course you will find the material insightful.
The course introduces
- The Accounting Equation (One you can understand!)
- Balance Sheets
- Income Statements
- Debits and Credits (And how to know which is which!)
- Why Profit Does Not Equal Cash!
If you have dreaded the thought of learning accounting, this is exactly the introduction you will welcome!
Why should take this course?
You are a business owner. You want your business to succeed and you know that you need a better understanding of how the numbers are put together.
You are a manager. You deal with accounting staff, bookkeepers, owners and subordinates. You hear accounting terms daily but you want to know more about what accounting means.
You are a business student. You dread taking your first accounting course. Or maybe you are in an introductory class right now. It all sounds so complicated. You want to find a simple explanation of what you are trying to learn.
You are an accounting student. You feel that you really did not get a firm grasp of the basics. You would like to start from scratch in an easy to learn format.
The Accounting Equation
Questions about the basic accounting equation.
I've developed a one page scratch sheet that you can use when entering debits and credits. You will see that the T-account is shaded on the side that reflects its normal balance. Print these out and keep them near by!
The Balance Sheet
Let's Make Some Money!
Let's Put Together a Financial Statement
Here is a valuable extra! I've placed this short ebook for you that will reinforce much of the information that we have covered so far! I even did the artwork myself!
Profit Does Not Equal Cash!
A cupcakes store recently opened in our town. It was located in the new section of the city. The owner did not spare any expense in setting up the store. But alas. Twelve months later the store closed and the owner's dreams were vanquished.
I thought to myself: "They didn't figre out how many cupcakes to sell to pay the rent!"
Every day entrepreneurs launch their dream and look forward to the day when their operation is a thriving business. However, they don't calculate how many cupcakes do they have to sell to pay the rent!
What is takes to break even is the single most important number in your enterprise. Without it, you do not have a targe to reach for.
This ebook "Who To Increase Your Profits with Break Even Analysis" will show you not only how to compute your break even point, but it will give you four strategies to increase your profits.
Whether you have been in business for some time or if you are just thinking about starting a business, this fun to read booklet provides you the tools to formulate a profitable strategy!
It is my gift to you! Enjoy! I hope that it makes for ever expanding profits!