How to get an "A" in Accounting. Lessons from the log cabin

Course details

Financial accounting and reporting are the primary medium by which organizations provide information to their external stakeholders (e.g., shareholders, creditors, governmental agencies, customers and alike). This course presents financial accounting as an essential part of the decision-making process by both the external users and the management. The course involves the study of the foundations of accounting methods and systems, including transaction analysis, the accrual system of accounting, the process of income measurement, and understanding of financial statements. The focus in the course will be on users and not the preparers -- of accounting information. This course assumes no prior accounting knowledge.

I explain and demonstrate the many financial accounting concepts that would be covered in an introductory financial accounting course. The order of the videos would approximate the order of topics covered in most accounting texts. However, if you do not have a text you can download Accounting Principles: A Business Perspective,Volume 1 Financial Accounting -that is freely available on the net at: Accounting Principles Vol. 1.

This course is designed to take approximately six weeks to complete. You will be provided with all the material needed to complete this course. There are demonstration problems for each chapter that you will attempt and then follow my video solution. Quizzes will be online for each chapter as well as live quizzes using a program called "Socrative". There is a midterm and a final practice exam. When ready I will email you a two hour midterm and final exam which you will complete and return to me for marking. I will grade it and provide feedback as to which areas of the course you could improve on.

Learning accounting provides you with a good understanding of business concepts and business terminology. Business terms will be explained to you as we come across them in the course.