Fundamentals of Basic Accounting
Instructor
Tick Kee Ng
Reviews
Course Overview
Basic accounting is the process of recording, summarizing, and reporting financial transactions within an organization. It provides essential information for decision-making, financial management, and compliance with financial regulations.
What You'll Learn?
- 1. Understand the purpose of accounting and bookkeeping in business
- 2. Identify and classify the five categories of accounts
- 3. Apply debit and credit rules correctly to common transactions
- 4. Post journal entries to the ledger and read a trial balance
- 4. Recognize the structure of the Balance Sheet, Income Statement, and Cash Flow Statement
- 5. Follow the accounting cycle from source documents to reports
- 6. Reduce data-entry errors with checklists and simple controls
- 7. Build confidence with practice scenarios and auto-graded quizzes
- 8. Improve spreadsheet skills used in daily bookkeeping
- 9. Be workplace-ready for entry-level accounting tasks
- 1. New account clerks and accounting interns
- 2. Junior AP/AR staff and finance assistants
- 3. Office administrators who handle basic bookkeeping
- 4. Data entry operators transitioning into finance roles
- 5. Small business owners or freelancers managing their own books
- 6. Students preparing for an entry-level accounting job
- - Basic numeracy and computer literacy
- - Access to Excel or Google Sheets and a calculator
- - Ability to read basic English accounting terms
- - Reliable internet access for quizzes and downloads
- - 2–3 hours per week for hands-on practice
- - No prior accounting experience required