Course Description:
The Course Title: Accounting Fundamentals in 30 minutes
Created by: Vikas Handa
Unlocking Financial Literacy
This course, "Free Financial Accounting Tutorial - Accounting Fundamentals in 30 minutes," is designed to demystify accounting. It teaches you how business activities are transformed into Journals, the principles of Double-entry accounting, and the intricacies of Bookkeeping for various operations. You'll also explore the Trial Balance, Income Statement, and Balance Sheet, gaining a holistic view of financial reporting. With this knowledge, you can implement Financial accounting systems with greater confidence and truly appreciate the purpose of configuration when setting up diverse ERP systems. The primary goal of this course is to eliminate any apprehension you might have about accounting and help you enjoy understanding various accounting terms.
What You'll Learn: A Quick Dive into Accounting Basics
This concise course provides a foundational understanding of accounting principles, perfect for Virtual Assistants looking to expand their skill set. You will gain insights into:
Basics of accounting:
Grasp the core concepts that underpin all financial transactions.
Journals and Double-entry accounting:
Understand how business activities are recorded and the fundamental system of double-entry.
Bookkeeping of various activities:
Learn practical bookkeeping skills for different types of business operations.
Trial Balance, Income Statement, and Balance Sheet:
Familiarize yourself with key financial statements and their purpose.
Implementing Financial accounting systems:
Gain confidence in understanding and setting up financial accounting systems.
Appreciating ERP system configuration:
Learn the importance of configuration when setting up various Enterprise Resource Planning (ERP) systems.
Why This Course Matters for Your VA Career
In today's competitive landscape, Virtual Assistants who possess a diverse skill set are highly sought after. Understanding accounting fundamentals is no longer just a specialized skill but a crucial asset for many roles. Clients, particularly small and medium-sized businesses, often need Virtual Assistants who can assist with bookkeeping, organize financial records, or even understand basic financial reports. By completing this course, you'll be able to confidently handle tasks related to financial administration, process invoices, track expenses, and communicate more effectively with clients about their financial health. This proficiency can significantly increase your marketability and hourly rate on platforms like topvajobs.com, as it demonstrates your capability to handle more complex and valuable responsibilities. For pre-vetted Virtual Assistants from the Philippines, adding accounting knowledge to your profile makes you an invaluable asset, opening doors to higher-paying and more stable opportunities in a global marketplace.
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