***FREE*** Financial Accounting Primer

Financial Accounting in a Nutshell!

Accounting can be an intimidating business function. Business professionals may avoid dealing with accounting, and that can take a toll on a manager’s career. This course is designed to make accounting more friendly! This course covers an overview of basic fears of accounting. The course explains the accounting process and the financial reports the accountants provide. You will even get an overview of the accounting field and what kind of professionals you might come across. These lessons are short, focused, and to the point.

Who will benefit from this course?
Would you like to better understand financial accounting? Are you a businessperson or manager that does not have a background in accounting but may need to deal with the accounting department? Then this course would benefit you!

What you will learn:
We will discuss common misperceptions in accounting. We will see the truth behind the ‘math’ misunderstanding of accounting. You will get a primer in accounting by understanding the accounting reports provided. You will get an introduction into basic accounting equation. You will be introduced to debits and credits. You will even learn to use journal entries. I will show you some examples using Excel.

Learn Accounting the Easy Way

Learn foundational concepts in financial accounting!

This course is designed to give the user a basic understanding of financial accounting.  The course explains the accounting process by following some everyday small business owners through the accounting cycle.

This course is designed with beginning level accounting students in mind.  Small business owners that want to understand accounting better so they could either do the bookkeeping or better understand the financial statements would also benefit from this course.

This course starts from the beginning. It covers basic terms, concepts, and topics.  A series of small business owners are used as examples throughout the course.  You follow these businesses throughout the lectures.

By the end of the course you will have an understanding of financial accounting that will provide a foundation for further learning in this subject.

QuickBooks Online Rapid Training

Develop a powerful and lucrative skill in QuickBooks before you ever need to buy the software!

You need to track invoices. You want to make sure you are collecting the receivables from customers that still have not paid. You need a simple method to reconcile the bank accounts.

QuickBooks Online is the go-to software for business professionals. The software is a powerful tool that can help you manage the organization.

This means QuickBooks Online could be a source of anxiety if you do not understand how it works. Then again, it could be a powerful skill you have to put you in front of your competition!

I’m Dr Eric Knight, I am a CPA with over 20 years’ experience in business and academics.

I’ve used my experience to design a course that makes QuickBooks Online simple to learn and easily applicable to most small businesses.

This is NOT a spectator course. You will be given assignments that let you start using QuickBooks Online from the start.

By the way, you do NOT need to purchase a QuickBooks subscription to do the homework. You will use the Sample Company that QuickBooks Online provides to the public. In other words, you don’t need to pay anything extra to do the homework! You get to learn by doing!

There are no prerequisites to take this course. A basic understanding of business will do.

Learn to use QuickBooks Online quickly and easily with this Rapid Training course!

QuickBooks for Entrepreneurs

QuickBooks for Everyone!

Small business owners and entrepreneurs can benefit immensely from using QuickBooks Online. QuickBooks Online is the most widely used business software in the world. However, many people are not interested in learning accounting. While this is understandable, QuickBooks Online is a business software and not a tool only for accountants.

As a small business owner, you can use QuickBooks and you do NOT need to know any accounting.

This is not to say you won’t ever need an accountant. Most business owners or manages do need to get accounting help for taxes and to help finalize the financial statements. But that doesn’t mean you need accountants to do everything.

You can use QuickBooks Online for your day-to-day business transactions.

For example:

  • You can use QuickBooks Online to complete your sales.
  • You can both invoice customers and collect on your sales.
  • Also, you can track inventory and generate reports to follow your open invoices.

For those tasks, you don’t need an accountant!

If you run a business, you can use QuickBooks Online to manage expenses on your own.

  • You can track bills and other expenses.
  • You can produce your purchase orders. You can manage your checking account and credit card accounts.
  • You really don’t need an accountant for any of those tasks!
  • You can do even more on your own!
  • You can track your invoices!
  • You can keep up with collecting your receivables from customers that still have not paid! 

Financial Statement Analysis

The employees want a raise! You need to commit to a supplier! A customer wants assurance! You need to raise funds and quick!

No matter what situation you are in as a manager, in or in business, the financial statements provide the information you need. Sure, you can ask an accountant to read the financial statements. But that accountant may not be an expert in your field.

Here’s the reality, you don’t need an accountant to do your job. But you do need financial statement information to make many decisions.

The good news, is that you can understand financial statements on your own and apply that information in your field better than an accountant unfamiliar with the business.

I’m Dr Eric Knight, I am a CPA with over 20 years’ experience in business and academics.

I’ve designed this course to explain financials in a thorough but straightforward manner without the complexities. You’ll be introduced to the financial statement information. Then, you learn how to analyze financial statements. I’m not just going provide formulas but I’ll explain why you need the ratios and how to apply them to a business. I’ll demonstrate using real world company data to see the story of the business behind the financial information. We’ll see where managers could exploit flexibility so we don’t have any misunderstandings.

In addition to case studies and examples, you can test your knowledge with quizzes and discussion questions that offer an opportunity to apply the information to your field.

There are no prerequisites to take this course. A basic understanding of business will do.

Whatever field you are in, make understanding financial statements your superpower!

Managerial Accounting the Easy Way

Learn skills that will rocket your business to the next level!

How can you make business decisions that will improve efficiency, reduce costs, and grow the business?

As a manager or business owner you have to make important decisions.

– Do you want to know how many nights you need to rent your Air BNB to break-even?
– Do you need to reduce the risk of a startup business as an entrepreneur?
– Do you need to hone your budgeting skills?
– These and many more questions are answered in this course.

You’ll learn a better approach to decision making.

This course is designed for any level and there are no prerequisites. From an entrepreneur to a manager at a company working his or her way up the ladder, this course provides an explanation of key tools to improve your business performance.

Each lesson is streamlined to cover the topic in manageable pieces. You will follow example companies and case studies derived from a real-world application. You are then given discussion questions and quizzes to test your knowledge along the way.

Depreciation Calculations for Financial Accounting

Focused depreciation lectures explained using Excel. All depreciation methods taught and Excel templates provided. Never sweat the depreciation chapters again. Breeze through depreciation problems. Real-world type example company for learning. You will know understand depreciation, how to calculate it, and have tools you can take with you.
Learn which assets need to be depreciated for financial reporting. Learn how to calculate Straight Line, Declining Balance, Sum of the Years Digit, and Activity Methods. Get Excel templates for these methods while learning to use Excel to do the calculations.