Accounting- Financial Accounting, Cash vs Accrual Accounting

Accounting- Financial Accounting, Cash vs Accrual Accounting, available at Free, has an average rating of 4.32, with 10 lectures, based on 497 reviews, and has 7501 subscribers.

You will learn about Excel based exercise on how business transactions will differently impact Cash Accounts and Accrual Accounts What makes Accrual Accounting so powerful that the entire world uses it? Learn to prepare P&L and Balance Sheet in Cash Accounting vs Accrual Accounting. Uncover the untold story of why we don’t use Cash accounting? Learn to understand finer aspects of financial statements This course is ideal for individuals who are Students of Accounting and Finance It is particularly useful for Students of Accounting and Finance.

Enroll now: Accounting- Financial Accounting, Cash vs Accrual Accounting

Summary

Title: Accounting- Financial Accounting, Cash vs Accrual Accounting

Price: Free

Average Rating: 4.32

Number of Lectures: 10

Number of Published Lectures: 10

Number of Curriculum Items: 10

Number of Published Curriculum Objects: 10

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Excel based exercise on how business transactions will differently impact Cash Accounts and Accrual Accounts

What makes Accrual Accounting so powerful that the entire world uses it?

Learn to prepare P&L and Balance Sheet in Cash Accounting vs Accrual Accounting.

Uncover the untold story of why we don’t use Cash accounting?

Learn to understand finer aspects of financial statements

Who Should Attend

Students of Accounting and Finance

Target Audiences

Students of Accounting and Finance

Let’s discover the untold story of Cash vs Accrual Accounting.

If you are an accounting or finance enthusiast, this mini course is for you. 

Have you ever thought why Accounting has to be complex? Why someone made Accrual Accounting? Why it can’t be simple? Why don’t we use the simple Cash based Accounting? I bet you have.

I will tell you the answer. And for that we need to understand how business accounts will look like if we use Cash Accounting vs Accrual Accounting. And we will learn that in this course.

One thing is sure that Accrual Accounting is used by the whole world. That means it has to have certain characteristics which make it powerful. What are these, let’s find out.

In this mini-course I’m going to take you through an excel based exercise on creating accounts using cash based and then using accrual based accounting. So, that we can compare the two and figure out interesting insights.

I teach this module in b-schools and students find it an incredible insight, never told before.

By realizing what lies at the core of accounting, you will not only appreciate accounting methods but will also be equipped with the right mindset to learn. It will enable you to better analyse the financials of any company.

Contents and OverviewThis course includes 10 lectures and just over 30 minutes of content in order to give students a working knowledge and an invaluable insight into Accounting.

What you’ll learn

At the end of this course you have following takeaways

1. You will be well versed with Cash vs Accrual Accounting

2. You will be able to record basic transactions in Cash as well as Accrual Accounting

3. You will have an invaluable insight into the science behind of Accounting

Course Curriculum

Chapter 1: Cash Vs Accrual Accounting

Lecture 1: Course Preview

Lecture 2: Introduction to Cash & Accrual Accounting

Lecture 3: Business Transactions

Lecture 4: Additional Info

Lecture 5: Listing Transactions

Lecture 6: Cash Accounting – P&L and Balance Sheet

Lecture 7: Accrual Accounting – P&L and Balance Sheet

Lecture 8: Consolidated Accounts & Insights

Lecture 9: Important Learning & Summary

Lecture 10: Resources

Instructors

Sandesh Banger
MBA (IIM), CFA level 2, Finance Enthusiast

Rating Distribution

1 stars: 2 votes

2 stars: 12 votes

3 stars: 61 votes

4 stars: 191 votes

5 stars: 231 votes

Frequently Asked Questions

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