Accounting in 60 Minutes - A Brief Introduction

Master the basics of accounting in just an hour with fun shortcuts and relatable analogies. Perfect for business owners, students, and managers.

  • Overview
  • Curriculum
  • Instructor
  • Review

Brief Summary

This course is a fun and easy way to get the hang of basic accounting. Perfect for anyone keen to understand how numbers work in business, it's packed with helpful videos and quizzes to make learning so much simpler!

Key Points

  • Learn basic accounting in about an hour.
  • Professor Turner makes it easy with shortcuts and analogies.
  • Topics include Accounting Equation, Balance Sheets, and Income Statements.
  • Understand debits and credits simply.
  • Know why profit doesn't equal cash.

Learning Outcomes

  • Apply the basic accounting formula confidently.
  • Understand the connection between income statement and balance sheet.
  • Differentiate between debits and credits like a pro.
  • Interpret balance sheets with ease.
  • Know why profit doesn't equal cash.

About This Course

Learn the very basics of accounting in just about an hour.

    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. 


CPE (Continuing Professional Education)

Learning Objectives

  1. Apply the basic accounting formula

  2. Identify assets, liabilities and equity

  3. Describe how the income statement and balance sheet are connected

  4. Recognize why profit does not equal cash

  5. Interpret a balance sheet

  6. Predict when an account increases with a debit or increase with a credit

  7. Summarize the purpose of a trial balance

  8. Differentiate income statement accounts from balance sheet accounts

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  • Understand the basic accounting equation

  • Know the difference between a debit and a credit

  • See how to prepare a balance sheet and income statement

Instructor

Profile photo of Vincent Turner
Vincent Turner

Vince has taught accounting, business and information technology classes for the last ten years. He holds an MSBA and is a Certified Information Systems Auditor. He has taught thousands of students and his goal is to always make complex subjects easy to understand. Vince has always been involved in education. In addition to teaching he served as an elected community...

Review
4.9 course rating
4K ratings
ui-avatar of Adi Wirianto
Adi W.
5.0
7 months ago

Very clear and understandable explanation! Never understood dr/cr properly until this course.

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ui-avatar of Sam Abdul
Sam A.
5.0
7 months ago

As an Intro Soft course, It is very informative, simplifies the concepts of accounting and gives an intro into Accounting equation, Financial statements, understanding the concept of debits and credits, The trial Balance, how it forms the balance sheet, and the Income statements. The timing for a balance sheet and respectively the income statement. understanding cash flow and timing and what is considered profit. supplemental PDF for understanding the break even analysis. I highly recommend this course for people interested in accounting on all levels of accounting proficiency.

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ui-avatar of Evaline Boitt
Evaline B.
5.0
7 months ago

amazing

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ui-avatar of Ronaldo C. Sabella
Ronaldo C. S.
3.0
7 months ago

at least make it memorable so that it's easy for people who cannot understand any accounting such as using DC ADELER meaning under debit are assets, drawings & expenses while under credit are liabilities, equity & revenues.

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ui-avatar of Yin Xu Zhu
Yin X. Z.
5.0
8 months ago

very good courses

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ui-avatar of Madine Sadaoka
Madine S.
5.0
8 months ago

Yes, enjoying the course.

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ui-avatar of Tristan Jan Castilar
Tristan J. C.
5.0
8 months ago

very informational

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ui-avatar of Abhinab Roy
Abhinab R.
5.0
8 months ago

Awesome !!

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ui-avatar of Manpreet Singh
Manpreet S.
4.5
8 months ago

Very brief yet simple to understand accounting.

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ui-avatar of Ninad Sathe
Ninad S.
5.0
8 months ago

Clear and concise explanation! Kudos to Mr. Turner! :-)

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