Accounting Essentials

Course Description

To run a business, numbers must be taken into account and factored into everyday decision-making, both major and minor.

Understanding the numbers associated with day-to-day operations is no longer just the domain of the finance and accounting departments--everyone from lower-level staff to senior managers should learn the fundamentals of the cost of the organization's product or service, the price strategies involved, and the impact that short- and long-term decisions have on the bottom line.

ACCOUNTING ESSENTIALS is an introductory course that teaches the basics of finance, accounting, and economic strategies in an easy-to-follow, easy-to-understand format complete with glossaries, diagrams, and self-tests.

A companion book to this course is THE ACCOUNTING CYCLE, a book by Jay Jacquet. This course is especially for non-financial managers or new business owners, and can be used in an academic setting.

It is an indispensable primer for learning and understanding accounting fundamentals, such as cash and accrual accounting, basic recordkeeping, ledger and journal entries, and financial statement preparation.