This beginner accounting class explains the core foundations of financial accounting in a simple and structured way. Created by CPA Strength, the course is designed for students, beginners, and anyone learning the basics of accounting.
Learners will understand the accounting equation: Assets = Liabilities + Equity, which is the foundation of all accounting systems. The course explains how journal entries are used to record business transactions and how these entries affect financial statements.
Step-by-step lessons cover the structure of the balance sheet and how assets, liabilities, and equity are organized to show a company’s financial position. The course also demonstrates how journal entries flow into the balance sheet and income statement.
Simple examples help learners connect accounting theory with real-world business transactions. The lessons are designed to make complex accounting concepts easy to understand for beginners and students.
By the end of the course, learners will be able to understand the accounting equation, prepare basic journal entries, and read a balance sheet with confidence. This makes it ideal for anyone starting their journey in accounting and finance.