Accounting Verse

Accounting Basics – Tutorials

Introduction to Accounting

  1. What is Accounting? Definition and Meaning
  2. Purpose of Accounting – and Why It is Important
  3. Accounting Careers: Build Success in a Good Career Path
  4. Types of Business and Forms of Ownership
  5. Summary: Introduction to Accounting
  6. Short Quiz and Answers

Fundamental Accounting Concepts

  1. Underlying Assumptions in Accounting
  2. Elements of Accounting: Assets, Liabilities, Capital
  3. The Accounting Equation: Keeping the Accounts in Balance
  4. Double Entry Accounting System
  5. The Accounting Cycle: Nine-Step Accounting Process
  6. Summary: Fundamental Accounting Concepts
  7. Short Quiz and Answers

The Financial Statements

  1. Introduction to Financial Statements: An Overview
  2. Income Statement a.k.a. Profit and Loss Statement
  3. Statement of Changes in Equity
  4. Balance Sheet: Statement of Financial Position
  5. Statement of Cash Flows

More to Come Soon...

The other lessons – Cluster 4 onwards – will be available soon. More lessons will be included in this list when they become available.

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