Udemy

Bookkeeping and Accounting Basics: Full Cycle Accounting2025

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  • 1,147 Students
  • Updated 10/2025
4.1
(18 Ratings)
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Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
4 Hour(s) 0 Minute(s)
Language
English
Taught by
Lemmy Kawonga BAcc. ACCA. MSc (Accountancy)
Rating
4.1
(18 Ratings)

Course Overview

Bookkeeping and Accounting Basics: Full Cycle Accounting2025

Full Cycle Bookkeeping & Accounting (Beginner to Advanced)

Are you ready to demystify the world of accounting and gain a solid foundation in financial management? Whether you're an aspiring accountant, small business owner, manager, or simply someone who wants to understand the language of business, this comprehensive Udemy course is designed to provide you with a thorough understanding of accounting principles, practices, and financial statements.


In "Comprehensive Bookkeeping & Accounting Basics: From Basics to Advanced," I will guide you on a step-by-step journey through the key concepts of accounting, from the fundamental principles to advanced financial analysis techniques. With a focus on practical application, this course ensures that you not only grasp the theory behind accounting but also gain the skills to confidently manage financial information for personal or professional use.


Course Highlights:


Accounting Basics and Terminology: Understand the core principles of accounting, learn the essential terminology, and grasp the double-entry bookkeeping system that forms the foundation of modern accounting.


Financial Statements Decoded: Dive into the creation and interpretation of financial statements, including balance sheets, income statements. Discover how these documents provide crucial insights into an organization's financial health.


Recording Transactions: Learn how to record various types of transactions accurately and systematically, and become proficient in journal entries, ledgers, and trial balances.


Adjusting Entries and Accrual Accounting: Gain a deeper understanding of accrual accounting and learn how to make necessary adjustments to ensure accurate financial reporting.


Inventory Valuation: Explore different methods of valuing inventory, such as FIFO, LIFO, and weighted average, and understand how these methods impact financial statements.



By the end of this course, you'll not only have a firm grasp of accounting theory but also the confidence and skills to apply your knowledge in real-world scenarios. Whether you're looking to advance your career, manage your personal finances more effectively, or navigate the financial side of your business, this course is your gateway to mastering the world of accounting.


Enroll now and embark on your journey to becoming a financially savvy individual or professional in the dynamic realm of accounting!

Course Content

  • 10 section(s)
  • 97 lecture(s)
  • Section 1 Introduction to Bookkeeping & Accounting, the Accounting Equation.
  • Section 2 Double Entry, T-Accounts, Key Terms, and Balancing Off Accounts
  • Section 3 Accounting for Inventory/Stock, Valuation of Inventory
  • Section 4 The Effect of Profit or Loss on Capital, and Double Entry for Expenses & Revenue
  • Section 5 Books of Original Entries, &Ledgers
  • Section 6 The Trial Balance
  • Section 7 Financial Statements
  • Section 8 Adjustments to Financial Statements
  • Section 9 Module Nine (9)- Comprehensive Examples
  • Section 10 Payroll Accounting

What You’ll Learn

  • Bookkeeping & Accounting Basics
  • The Accounting Equation
  • Double Entry
  • Books of Original Entries
  • Accounting Ledgers
  • Trial Balance
  • Income Statement/ Profit & Loss of a Sole Trader
  • Balance Sheet/ Statement of Financial Position of a Sole Trader
  • Adjusting Entries
  • Inventory/ Stock


Reviews

  • E
    Eymy Stefany Onofre Zapata
    1.0

    The video just shows slides and the facilitator is just reading

  • A
    Alphonse Dominique
    3.0

    Could you please enlarge the Example 2 So that I can see where you get the numbers. That will give me a better idea.

  • B
    Buzibwa Kizito
    5.0

    It is a very good course yes! However because I am using my phone, many of the diagrams i.e., text, used in the examples are not legible. They are too tiny. If only they could be expanded to utilise the background spaces, it would make the course much more enjoyable.

  • S
    Sarah Rogerson
    5.0

    Good intro to the course!

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