Accounting- Financial Accounting, Cash vs Accrual Accounting – Free Udemy Courses

Let’s discover the untold story of Cash vs Accrual Accounting.

If you are an accounting or finance enthusiast, this mini-course is for you.

Have you ever thought about why Accounting has to be complex? Why someone made Accrual Accounting? Why don’t we use simple Cash-based Accounting? I bet you have.

I will tell you the answer. And for that, we need to understand how business accounts will look if we use Cash Accounting vs Accrual Accounting. And we will learn that in this course.

One thing is sure Accrual Accounting is used by the whole world. That means it has to have certain characteristics which make it powerful. What are these, let’s find out.

In this mini-course, I’m going to take you through an excel based exercise on creating accounts using cash-based and then using accrual-based accounting. So, that we can compare the two and figure out interesting insights.

I teach this module in b-schools and students find it an incredible insight, never told before.

By realizing what lies at the core of accounting, you will not only appreciate accounting methods but will also be equipped with the right mindset to learn. It will enable you to better analyze the financials of any company.

Contents and Overview This course includes 10 lectures and just over 30 minutes of content to give students a working knowledge and invaluable insight into Accounting.

What you’ll learn

At the end of this course, you have the following takeaways

1. You will be well versed in Cash vs Accrual Accounting
2. You will be able to record basic transactions in Cash as well as Accrual Accounting
3. You will have an invaluable insight into the science behind Accounting