Course curriculum

  • 1

    Welcome!

    • Welcome
    • Housekeeping
    • Disclaimer
    • Please rate our course!
  • 2

    1.0 Basic Accounting Concepts

    • 1.0 Topic Overview
    • 1.1 What is single and double entry accounting?
    • 1.2 What are assets and liabilities?
    • 1.3 The ALCIE Acronym
    • 1.4 The Accrual Concept
    • 1.5 The Consistency Concept
    • 1.6 The Going Concern Concept
    • 1.7 The Prudence Concept
    • Cheat Sheet (Basic Concepts)
    • Exercise
  • 3

    2.0 Your Profit & Loss Account

    • 2.0 Topic Overview
    • 2.1 What is a Profit and Loss Report?
    • 2.2 What goes into a Profit & Loss
    • 2.3 What looks normal? And what to do if it doesn't?
    • Cheat Sheet (Profit & Loss)
    • Profit and Loss Month End Checklist
    • Exercise
  • 4

    3.0 Your Balance Sheet

    • 3.0 Topic Overview
    • 3.1 What is a Balance Sheet​?
    • 3.2 What does it tell me?
    • 3.3 What looks normal? And what to do if it doesn't?
    • Cheat Sheet (Balance Sheet)
    • Checklist (Balance Sheet)
    • Exercise
  • 5

    4.0 Understanding Debits & Credits

    • 4.0 Topic Overview
    • 4.1 An introduction to Debits and Credits
    • 4.2 Profit & Loss / Balance Sheet: The connection
    • 4.3 'T' Accounts
    • 4.4 Debits and Credits in the Profit and Loss
    • 4.5 Debits and Credits in the Balance Sheet
    • 4.6 How does this help me in business?
    • Cheat Sheet (Debits and Credits)
    • Exercise
  • 6

    5.0 Getting Your Chart of Accounts Right

    • 5.0 Topic Overview
    • 5.1 What is a Chart of Accounts?
    • 5.2 Setting up your Chart of Accounts
    • 5.3 Powerful Profit & Loss Reporting for Sales
    • 5.4 Powerful Profit & Loss Reporting for Costs
    • 5.5 Beautiful Balance Sheet Reporting
    • 5.6 (Bonus) Powerful Profit & Loss Reporting in Xero
    • Cheat Sheet (Set up)
    • Cheat Sheet (P&L Sales)
    • Cheat Sheet (P&L Costs)
    • Cheat Sheet (Balance Sheet)

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