Administering and Managing Accounting, Bookkeeping and running Payroll Part - 1

The Introduction to Business Accounting course assists the candidates to attain and learn fundamental accounting principles.

Beginner 5(16 Ratings) 129 Students Enrolled
Created by Parvati Devadideva Last updated Thu, 04-Mar-2021 English
What will i learn?
  • Learn about the professional bookkeeper’s career responsibilities
  • Understand the accounting equation
  • Define role of accounting in a business
  • Post accounting entries
  • Adjust accounting entries
  • Analyze transactions
  • Completely understand the accounting cycle
  • Prepare vertical analysis
  • Prepare a worksheet

Requirements
  • Anyone can attend this course.
  • There is no essential requirement for this course
  • No prior knowledge or experience is required to enroll for this course.
  • No prerequisites needed
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Description

Administering and Managing Account, Bookkeeping, and running Payroll may be a fundamental course for brand new entrepreneurs and business owners to know the accounting basics and financial statements. The course covers the four basic financial statements, financial statementrecord, Statement of Retained Earnings, and Money Flows. These four elements are key to gauge any company’s growth and financial standings. Additionally, this course provides the candidates with the fundamental tools to project profitability and break down the prices to analyze any company’s actual worth.


Understanding the fundamentals of accounting is crucial for prospective business owners. The Introduction to Business Accounting course helps the candidates to attain the essential knowledge and understanding of fundamental accounting principles. The course is meant for beginner-level candidates with little to no knowledge of accounting.

Who this course is for
  • Expand their skills
  • Every one who wants to enhance life and improve their quality of life
  • Students who want to establish themselves as thorough professionals in their organizations.

Curriculum for this course
259 Lessons 06:40:54 Hours
Introduction to Professional Bookkeeping
12 Lessons 00:09:44 Hours
  • Course Starter Part - 1 00:00:05
  • Course Starter Part - 2 00:00:47
  • Course Starter Part - 3 00:00:47
  • Introduction to Professional Bookkeeping Part - 1 00:00:15
  • Introduction to Professional Bookkeeping Part - 2 00:00:26
  • What does a Professional Bookkeeper do 00:01:08
  • What are the Prospective Career Options 00:00:35
  • The Role of a Professional Bookkeeper 00:02:03
  • The Vital Traits Required for a Bookkeeper 00:01:31
  • Job Outlook for a Bookkeeper 00:01:04
  • Reviewing Chapter 1 Part - 1 00:00:15
  • Reviewing Chapter 1 Part - 2 00:00:48
  • Canons of Accounting Part - 2 00:02:22
  • Reviewing Chapter 2 Part - 2 00:01:09
  • Reviewing Chapter 2 Part - 1 00:00:15
  • Other Important Principles 00:03:24
  • The Basics of Matching Principle 00:00:50
  • Explaining Business Entity Concept 00:01:58
  • Explaining Business Entity Concept 00:00:31
  • What is Generally Accepted Accounting Principles (GAAP) 00:00:42
  • Canons of Accounting Part - 3 00:01:34
  • Understanding Accounting and Business part 1 00:00:15
  • Canons of Accounting Part - 1 00:00:22
  • Introducing the Function of Accounting 00:01:16
  • Function of Accounting Part - 2 00:01:03
  • Function of Accounting Part - 1 00:00:27
  • Different Kinds of Businesses 00:01:12
  • Explaining a Business 00:01:06
  • Understanding to Accounting and Business part 2 00:00:38
  • The Fundamentals of the Accounting Equation Part - 1 00:00:15
  • The Fundamentals of the Accounting Equation Part - 2 00:00:28
  • The Fundamentals of the Accounting Equation Part - 3 00:00:40
  • The Fundamentals of the Accounting Equation Part - 4 00:02:38
  • The Fundamentals of the Accounting Equation Part - 5 00:01:13
  • The Fundamentals of the Accounting Equation Part - 6 00:01:16
  • What are Business Transactions 00:00:51
  • Business Transactions - Knowledge Check Part - 1 00:00:15
  • Business Transactions - Knowledge Check Part - 2 00:01:40
  • Explaining Transactions and Business Accounts 00:02:35
  • Different Types of Common Revenue and Expense Accounts Part - 1 00:00:37
  • Different Types of Common Revenue and Expense Accounts Part - 2 00:00:42
  • Transactions in Accounting Equation Part - 1 00:01:18
  • Transactions in Accounting Equation Part - 2 00:01:18
  • Transactions in Accounting Equation Part - 3 00:00:36
  • Defining Financial Statements Part - 1 00:01:43
  • Defining Financial Statements Part - 2 00:01:50
  • Income Statement as Financial Statements 00:01:04
  • Describing the Statement of Owners Equity as Financial Statements 00:00:51
  • The Role of Balance Sheet Financial Statements 00:01:16
  • What is the Cash Flow Statement in Financial Statements Part - 1 00:01:51
  • What is the Cash Flow Statement in Financial Statements Part - 2 00:01:25
  • Importance of Relationship Between the Financial Statements 00:00:47
  • Reviewing Chapter 3 Part - 1 00:00:15
  • Reviewing Chapter 3 Part - 2 00:00:32
  • Journalizing Transactions (Cont.) Part - 9 00:00:15
  • Journalizing Transactions Part - 2 00:00:55
  • Journalizing Transactions Part - 3 00:00:24
  • Journalizing Transactions Part - 4 00:00:21
  • Journalizing Transactions Part - 5 00:00:18
  • Journalizing Transactions Part - 6 00:00:49
  • How Journals Affect the Accounts 00:00:46
  • Journalizing Transactions (Cont.) Part - 1 00:00:28
  • Journalizing Transactions (Cont.) Part - 2 00:00:14
  • Journalizing Transactions (Cont.) Part - 3 00:00:24
  • Journalizing Transactions (Cont.) Part - 5 00:00:33
  • Journalizing Transactions (Cont.) Part - 6 00:00:30
  • Journalizing Transactions (Cont.) Part - 7 00:00:31
  • Journalizing Transactions (Cont.) Part - 8 00:00:16
  • Journalizing Transactions Part - 1 00:02:02
  • Journalizing Transactions (Cont.) Part - 10 00:00:11
  • Journalizing Transactions (Cont.) Part - 11 00:00:32
  • Journalizing Transactions (Cont.) Part - 12 00:01:10
  • Journalizing Transactions (Cont.) Part - 13 00:00:40
  • Journalizing Transactions (Cont.) Part - 14 00:00:28
  • Journalizing Transactions (Cont.) Part - 15 00:00:32
  • Journalizing Transactions (Cont.) Part - 16 00:00:09
  • Journalizing Transactions (Cont.) Part - 17 00:00:22
  • Journalizing Transactions (Cont.) Part - 18 00:00:48
  • Example on Journal Entries 00:37:47
  • Reviewing Chapter 4 Part - 1 00:00:05
  • Reviewing Chapter 4 Part - 2 00:00:46
  • Categories of Accounts Part - 3 00:00:59
  • How to Analyse Transactions Part - 2 00:00:39
  • Understanding The Accounting Equation and Transactions Part - 1 00:01:09
  • Understanding The Accounting Equation and Transactions Part - 2 00:01:20
  • Understanding The Accounting Equation and Transactions Part - 3 00:01:18
  • Understanding The Accounting Equation and Transactions Part - 4 00:00:05
  • Understanding The Accounting Equation and Transactions Part - 5 00:01:52
  • Accounts Explained 00:01:25
  • What are T - Accounts Part - 1 00:00:39
  • What are T - Accounts Part - 2 00:01:14
  • The Concept of Ledgers and Accounts 00:00:55
  • A Detailed Report On Chart of Accounts 00:01:37
  • Categories of Accounts Part - 1 00:01:12
  • Categories of Accounts Part - 2 00:01:53
  • How to Analyse Transactions Part - 1 00:00:05
  • Categories of Accounts Part - 4 00:01:35
  • The Theory of Double-Entry System 00:00:52
  • Elucidate Double-Entry System in Transaction Part - 1 00:01:08
  • Elucidate Double-Entry System in Transaction Part - 2 00:01:03
  • Elucidate Double-Entry System in Transaction Part - 3 00:00:23
  • Checking Your Knowledge Part - 1 00:00:27
  • Checking Your Knowledge Part - 2 00:00:49
  • Deconstructing Normal Balance in Transaction Part - 1 00:00:23
  • Deconstructing Normal Balance in Transaction Part - 2 00:00:21
  • Checking Your Knowledge (Cont.) Part - 1 00:00:56
  • Checking Your Knowledge (Cont.) Part - 2 00:01:57
  • Journalizing Transactions 00:00:58
  • Understanding Trial Balance 00:01:08
  • Reviewing Chapter 5 Part - 2 00:00:44
  • Reviewing Chapter 5 Part - 1 00:00:05
  • Example on Horizontal Trend Income Statement 00:38:33
  • Example on Horizontal Trend Balance Sheet 00:18:20
  • How to Find Errors Using Horizontal Analysis Part - 6 00:01:57
  • How to Find Errors Using Horizontal Analysis Part - 5 00:01:25
  • How to Find Errors Using Horizontal Analysis Part - 4 00:01:36
  • How to Find Errors Using Horizontal Analysis Part - 3 00:00:42
  • How to Find Errors Using Horizontal Analysis Part - 2 00:00:51
  • How to Find Errors Using Horizontal Analysis Part - 1 00:01:08
  • Correcting an Entry While Entering Data 00:01:12
  • Errors While Entering Data Part - 3 00:01:49
  • Errors While Entering Data part - 2 00:01:05
  • Errors While Entering Data Part - 1 00:01:00
  • What is Unadjusted Trial Balance 00:03:10
  • Introduction to Entering Data and Posting Entries Part - 1 00:00:05
  • How to Post Entries (Cont.) Part - 8 00:00:05
  • How to Post Entries (Cont.) Part - 7 00:01:00
  • How to Post Entries (Cont.) Part - 6 00:00:23
  • How to Post Entries (Cont.) part - 5 00:01:16
  • How to Post Entries (Cont.) Part - 4 00:00:31
  • How to Post Entries (Cont.) Part - 3 00:00:11
  • How to Post Entries (Cont.) Part - 2 00:00:32
  • How to Post Entries (Cont.) Part - 1 00:00:17
  • Introduction to Entering Data and Posting Entries (Cont.) Part - 2 00:00:52
  • Introduction to Entering Data and Posting Entries (Cont.) Part - 1 00:00:26
  • How to Post Entries Part - 4 00:00:30
  • How to Post Entries Part - 3 00:00:19
  • How to Post Entries Part - 2 00:00:21
  • How to Post Entries Part - 1 00:00:52
  • Introduction to Entering Data and Posting Entries Part - 2 00:00:49
  • Understanding the Adjusting Process Part - 2 00:00:22
  • What is The Motive of The Adjusting Process 00:00:52
  • Understanding The Adjusting Process 00:00:42
  • Introduction to The Cash vs. Accrual Basis 00:01:36
  • Defining The Adjusting Process 00:01:23
  • Affected Accounts In The Adjusting Process Part - 1 00:02:23
  • Affected Accounts In The Adjusting Process Part - 2 00:02:40
  • Affected Accounts In The Adjusting Process Part - 3 00:01:28
  • Basics of Depreciation Adjustment 00:01:44
  • Reviewing Chapter 6 Part - 1 00:00:05
  • Reviewing Chapter 6 Part - 2 00:00:12
  • Basics of Adjustment Summary Part - 1 00:00:05
  • Basics of Adjustment Summary Part - 2 00:00:27
  • Reviewing Adjustment Summary - Part - 1 00:01:35
  • Reviewing Adjustment Summary - Part - 2 00:02:41
  • Reviewing Adjustment Summary - Part - 3 00:02:16
  • Role of the Adjusted Trial Balance 00:01:20
  • How to Check for Normal Balances and Debits = Credits 00:02:40
  • Defining Vertical Analysis 00:04:49
  • How to Prepare A Vertical Analysis 00:00:31
  • Defining Vertical Analysis (Cont.) Part - 1 00:00:39
  • Defining Vertical Analysis (Cont.) Part - 2 00:00:56
  • Seeking Accuracy in Financial Statement 00:02:01
  • Example of an Vertical Analysis 00:27:52
  • Reviewing Chapter 8 Part - 1 00:00:05
  • Reviewing Chapter 8 Part - 2 00:00:39
  • The Process of Preparing a Worksheet Part - 2 00:00:20
  • The Process of Preparing a Worksheet Part - 3 00:01:06
  • The Process of Preparing a Worksheet Part - 4 00:00:13
  • The Process of Preparing a Worksheet Part - 5 00:00:23
  • The Process of Preparing a Worksheet Part - 6 00:00:37
  • The Process of Preparing a Worksheet Part - 7 00:00:58
  • The Process of Preparing a Worksheet Part - 8 00:01:05
  • Reviewing Chapter 9 Part - 1 00:00:05
  • Reviewing Chapter 9 Part - 2 00:00:32
  • Principles of Financial Statements Part - 1 00:00:05
  • Principles of Financial Statements Part - 2 00:00:35
  • The Role of The Income Statement 00:00:53
  • Sample of an Income Statement 00:01:52
  • Understanding The Statement of Retained Earnings 00:02:01
  • A Brief On The Balance Sheet Part - 1 00:01:09
  • A Brief On The Balance Sheet Part - 2 00:03:41
  • Explaining Financial Statements Part - 1 00:00:30
  • Explaining Financial Statements Part - 2 00:02:39
  • Explaining Financial Statements Part - 3 00:00:54
  • Explaining Financial Statements Part - 4 00:02:00
  • Explaining Financial Statements Part - 5 00:02:26
  • Explaining Financial Statements Part - 6 00:00:00
  • Reviewing Chapter 10 Part - 1 00:00:05
  • Reviewing Chapter 10 Part - 2 00:00:31
  • Procedure of Completing the Accounting Cycle Part - 1 00:00:05
  • Procedure of Completing the Accounting Cycle Part - 2 00:00:48
  • Explaining Temporary vs. Permanent Accounts 00:01:21
  • Journalizing and Posting While Closing Entries - Part - 1 00:02:14
  • Journalizing and Posting While Closing Entries - Part - 2 00:02:17
  • Journalizing and Posting While Closing Entries - Part - 3 00:00:56
  • Journalizing and Posting While Closing Entries - Part - 4 00:00:49
  • Journalizing and Posting While Closing Entries - Part - 5 00:02:27
  • Journalizing and Posting While Closing Entries - Part - 6 00:02:18
  • Final Journalizing Before Closing Entries 00:00:23
  • The Concept of Post-Closing Trial Balance 00:00:55
  • The Concept of Post-Closing Trial Balance While Closing Entries - 00:02:03
  • Reviewing Chapter 11 Part - 1 00:00:05
  • Reviewing Chapter 11 Part - 2 00:00:49
  • Demonstrating The Accounting Cycle Part - 1 00:00:05
  • Demonstrating The Accounting Cycle Part - 2 00:00:29
  • Demonstrating The Accounting Cycle – Step 1 Part - 1 00:02:45
  • Demonstrating The Accounting Cycle – Step 1 Part - 2 00:00:31
  • Demonstrating The Accounting Cycle – Step 2 00:00:42
  • Demonstrating The Accounting Cycle – Step 3 00:00:05
  • Demonstrating The Accounting Cycle – Step 4 Part - 1 00:01:24
  • Demonstrating The Accounting Cycle – Step 4 Part - 2 00:01:58
  • Demonstrating The Accounting Cycle – Step 5 00:01:06
  • Demonstrating The Accounting Cycle – Step 6 Part - 1 00:00:30
  • Demonstrating The Accounting Cycle – Step 6 Part - 2 00:00:59
  • Demonstrating The Accounting Cycle – Step 7 00:00:48
  • Demonstrating The Accounting Cycle – Step 8 Part - 1 00:00:47
  • Demonstrating The Accounting Cycle – Step 8 Part - 2 00:00:56
  • Demonstrating The Accounting Cycle – Step 8 Part - 3 00:01:28
  • Demonstrating The Accounting Cycle – Step 9 Part - 1 00:02:00
  • Demonstrating The Accounting Cycle – Step 9 Part - 2 00:00:00
  • Demonstrating The Accounting Cycle – Step 10 00:01:09
  • Reviewing Chapter 12 Part - 1 00:00:05
  • Reviewing Chapter 12 Part - 2 00:01:42
  • Defining The Fiscal Year Part - 2 00:00:19
  • What is The Fiscal Year 00:02:07
  • A Few More Additional Accounting Terms 00:03:33
  • The Concept of Working Capital and Current Ratio 00:01:30
  • Reviewing Chapter 13 Part - 1 00:00:05
  • Reviewing Chapter 13 Part - 2 00:00:51
  • Spreadsheet Revision Part - 1 00:00:05
  • Spreadsheet Revision Part - 2 00:00:32
  • Spreadsheet Revision – Step 1 Part - 1 00:00:46
  • Spreadsheet Revision – Step 1 Part - 2 00:00:32
  • Spreadsheet Revision – Step 1 Part - 3 00:00:38
  • Spreadsheet Revision – Step 1 Part - 4 00:00:46
  • Spreadsheet Revision – Step 2 Part - 1 00:00:51
  • Spreadsheet Revision – Step 2 Part - 2 00:00:29
  • Spreadsheet Revision – Step 2 Part - 3 00:00:19
  • Spreadsheet Revision – Step 2 Part - 4 00:00:29
  • Spreadsheet Revision – Step 2 Part - 5 00:00:49
  • Spreadsheet Revision – Step 2 Part - 6 00:00:42
  • Spreadsheet Revision – Step 3 00:00:31
  • Spreadsheet Revision – Step 4 Part - 1 00:01:01
  • Spreadsheet Revision – Step 4 Part - 2 00:00:43
  • Spreadsheet Revision – Step 5 00:00:22
  • Spreadsheet Revision – Step 6 Part - 1 00:00:53
  • Spreadsheet Revision – Step 6 Part - 2 00:01:08
  • Spreadsheet Revision – Step 6 Part - 3 00:00:12
  • Spreadsheet Revision – Step 6 Part - 4 00:00:58
  • Spreadsheet Revision – Step 7 Part - 1 00:00:54
  • Spreadsheet Revision – Step 7 Part - 2 00:00:30
  • Spreadsheet Revision – Step 7 Part - 3 00:00:07
  • Spreadsheet Revision – Step 7 Part - 4 00:02:16
  • Example On Creating a Worksheet 00:29:15
  • Reviewing Chapter 14 Part - 1 00:00:05
  • Reviewing Chapter 14 Part - 2 00:01:28
  • Course Conclusion Part - 1 00:00:05
  • Course Conclusion Part - 2 00:01:53
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5 97 $44.44
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4 137 $44.44
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5 140 $44.44
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5 80 $44.44
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4 92 $44.44
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4 107 $44.44
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5 115 $44.44
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4 77 $44.44
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4 130 $44.44
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4 99 $44.44
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4 94 $44.44
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4 86 $44.44
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4 116 $44.44
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4 123 $44.44
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4 116 $44.44
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5 111 $44.44
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4 115 $44.44
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4 102 $44.44
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Updated Mon, 04-Jan-2021
5 82 $44.44
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Updated Thu, 04-Mar-2021
4 87 $44.44
https://www.gurukol.com/course/human-resources-hiring-talented-employee-a-process-part-1
4 100 $44.44
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4 76 $44.44
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5 91 $44.44
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4 105 $44.44
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5 136 $44.44
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4 88 $44.44
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5 109 $44.44
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Updated Thu, 04-Mar-2021
4 101 $44.44
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4 79 $44.44
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5 102 $44.44
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4 85 $44.44
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4 112 $44.44
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Updated Thu, 04-Mar-2021
4 82 $44.44
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Updated Thu, 04-Mar-2021
4 88 $44.44
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Updated Thu, 04-Mar-2021
4 137 $44.44
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4 106 $44.44
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4 109 $44.44
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5 112 $44.44
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Updated Thu, 04-Mar-2021
4 88 $44.44
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Updated Thu, 04-Mar-2021
5 92 $44.44
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4 113 $44.44
https://www.gurukol.com/course/leaders-and-influencers
Updated Thu, 04-Mar-2021
4 81 $44.44
https://www.gurukol.com/course/rise-success-ladder-learn-managing-project-part-1
4 92 $44.44
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Updated Thu, 04-Mar-2021
4 103 $44.44
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4 141 $44.44
https://www.gurukol.com/course/batna-mastering-negotiation-skills
Updated Thu, 04-Mar-2021
4 146 $44.44
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4 118 $44.44
https://www.gurukol.com/course/marketing-and-sales-online-ecommerce
Updated Thu, 04-Mar-2021
4 115 $44.44
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4 101 $44.44
https://www.gurukol.com/course/online-job-search-guide-to-success
Updated Thu, 04-Mar-2021
4 123 $44.44
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Updated Thu, 04-Mar-2021
4 107 $44.44
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4 107 $44.44
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Updated Thu, 04-Mar-2021
4 120 $44.44
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Updated Thu, 04-Mar-2021
4 88 $44.44
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4 101 $44.44
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4 131 $44.44
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5 114 $44.44
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4 146 $44.44
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4 94 $44.44
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4 135 $44.44
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4 85 $44.44
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Updated Thu, 04-Mar-2021
4 112 $44.44
https://www.gurukol.com/course/digital-marketing-social-media-part-1
Updated Thu, 04-Mar-2021
5 101 $44.44
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4 98 $44.44
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4 90 $44.44
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Updated Thu, 04-Mar-2021
4 81 $44.44
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5 80 $44.44
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Updated Thu, 04-Mar-2021
4 106 $44.44
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Updated Thu, 04-Mar-2021
4 83 $44.44
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4 117 $44.44
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4 89 $44.44
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Updated Thu, 04-Mar-2021
4 101 $44.44
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4 102 $44.44
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4 97 $44.44
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5 144 $44.44
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About the instructor
about-instructor
  • 3057 Reviews
  • 1024 Students
  • 204 Courses
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Student feedback
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Average rating
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  • 31%
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Reviews
  • reviewer-img
    Sun, 01-Nov-2020
    James Sorum
    Excellent work
  • reviewer-img
    Fri, 06-Nov-2020
    Tracy Britan
  • reviewer-img
    Thu, 12-Nov-2020
    Mary-Ann Liggins
    The tone of the instructor is hard to absorb since she seems to be speaking as if she were speaking to a very young audience (grade school) instead of professionals. She is preaching instead of instructing.
  • reviewer-img
    Sun, 15-Nov-2020
    Angelina Cirelli
    I am really enjoying the course. It is very informative and is easy to follow. It allows time to write notes on things.Thank you
  • reviewer-img
    Wed, 18-Nov-2020
    Goitseone Modimowagae
    I'm really glad I was able to take this course, since I realized things that I even was not aware of, this biases we have are tricky and very important to get released of if we want to succeed in our personal as well as our professional life, Thank you very much for taking the time to create this course.
  • reviewer-img
    Mon, 23-Nov-2020
    Donald James
    This was a great help, Keeping focus on learning more and more each day creates success. Great Work
  • reviewer-img
    Tue, 24-Nov-2020
    Orlando Guerra
    The course is fantastic !!! The best Instructor on Gurukol! Take any of his courses a great VALUE!
  • reviewer-img
    Tue, 01-Dec-2020
    John Unholz
    The course helped me in knowing my competencies better and in increasing my self-confidence to do better. Great work by Gurukol
  • reviewer-img
    Thu, 03-Dec-2020
    Subhrodeep Mukherjee
    It was good for Beginner Level, for basic knowledge, for someone who is new to accounting and bookkeeping and very easy to understand.
  • reviewer-img
    Fri, 04-Dec-2020
    timothy reed
    Course was good, improvements could be made in pace of delivery and focus of camera.
  • reviewer-img
    Sun, 06-Dec-2020
    Abhishek Joshi
    Amazing training, enjoy every session of it. Very informative. Great recipes.
  • reviewer-img
    Wed, 16-Dec-2020
    Sharon Huddle
    The course has good tips, The instructor included some general examples, but I needed a more detailed example of how to carry a conversation. Perfect course for understanding the basic of accounting.
  • reviewer-img
    Tue, 22-Dec-2020
    Joel Christopher
    Awesome course with clear and straight forward tips to follow.The course Instructor was informative and I enjoyed the course very much.This course was good match for me.Thank you very much Instructor.
  • reviewer-img
    Sun, 27-Dec-2020
    Benoit Langevin
    Thank you very much Gurukol this is very interesting and I have learned a lot from this training things that I never knew about am now familiar with
  • reviewer-img
    Tue, 29-Dec-2020
    HATTAN ABUSHAL
    Well-constructed course content presented in a simple and easy to understand way.
  • reviewer-img
    Mon, 04-Jan-2021
    Joachim Rundgren
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Includes:
  • 06:40:54 Hours On demand videos
  • 259 Lessons
  • Anytime access
  • Access on mobile