About this course
This course gives non-specialists and aspiring business professionals a practical foundation in accounting, finance and money management. Learners study the accounting equation, debits and credits, bookkeeping, receivables, payables and bank reconciliation before moving into income statements, balance sheets and cash-flow statements. The course also covers budgeting, forecasting, business tax and compliance basics, costing, pricing, break-even analysis and profitability. A final section connects business finance with personal financial habits such as budgeting, saving, debt management and long-term planning. The aim is not to turn every learner into an accountant, but to help them understand financial information, ask better questions and make more informed personal and business decisions.
What you will learn
- Explain assets, liabilities, equity, revenue, expenses and profit. - Understand basic bookkeeping and how common business transactions are recorded. - Read and interpret the main financial statements. - Prepare and monitor simple budgets and forecasts. - Understand basic business taxation and recordkeeping responsibilities. - Calculate costs, markup, margin, break-even points and basic profitability. - Apply sound personal budgeting, saving and debt-management principles.
Course contents
Section 1
Module 1: Accounting Basics (Assets, Liabilities, Equity)
- Lesson 1.1: Introduction to Accounting & Its Purposelesson
- Lesson 1.2: The Accounting Equation: Assets, Liabilities & Equitylesson
- Lesson 1.3: Types of Business Transactionslesson
- Lesson 1.4: Debits & Credits Explainedlesson
- Lesson 1.5: The Chart of Accountslesson
- Lesson 1.6: Cash Basis vs. Accrual Accountinglesson
Section 2
Module 2: Bookkeeping & Recording Transactions
- Lesson 2.1: The Bookkeeping Cycle Overviewlesson
- Lesson 2.2: Journal Entries & the General Ledgerlesson
- Lesson 2.3: Recording Sales & Purchase Transactionslesson
- Lesson 2.4: Managing Accounts Receivable & Payablelesson
- Lesson 2.5: Bank Reconciliation Step by Steplesson
- Lesson 2.6: Introduction to Bookkeeping Software (Odoo, QuickBooks Basics)lesson
Section 3
Module 3: Financial Statements (Income Statement, Balance Sheet, Cash Flow)
- Lesson 3.1: Introduction to the Three Core Financial Statementslesson
- Lesson 3.2: Preparing the Income Statementlesson
- Lesson 3.3: Preparing the Balance Sheetlesson
- Lesson 3.4: Preparing the Cash Flow Statementlesson
- Lesson 3.5: Reading & Interpreting Financial Statementslesson
- Lesson 3.6: Key Financial Ratios (Liquidity, Profitability, Solvency)lesson
Section 4
Module 4: Budgeting & Forecasting
- Lesson 4.1: Why Budgeting Matters for Businesseslesson
- Lesson 4.2: Types of Budgets (Operating, Capital, Cash)lesson
- Lesson 4.3: Building a Business Budget Step by Steplesson
- Lesson 4.4: Revenue & Expense Forecastinglesson
- Lesson 4.5: Variance Analysis: Budget vs. Actuallesson
- Lesson 4.6: Adjusting Budgets & Ongoing Financial Planninglesson
Section 5
Module 5: Business Taxes & Compliance Basics
- Lesson 5.1: Introduction to Business Taxationlesson
- Lesson 5.2: Types of Taxes (Income, VAT/Sales Tax, Payroll Tax)lesson
- Lesson 5.3: Tax Registration & Recordkeeping Requirementslesson
- Lesson 5.4: Filing Deadlines & Compliance Essentialslesson
- Lesson 5.5: Common Tax Mistakes & How to Avoid Themlesson
- Lesson 5.6: Working with an Accountant or Tax Professionallesson
Section 6
Module 6: Costing, Pricing & Profit Management
- Lesson 6.1: Understanding Business Costs: Fixed, Variable, Direct & Indirectlesson
- Lesson 6.2: Cost of Goods Sold (COGS) & Service Delivery Costslesson
- Lesson 6.3: Gross Profit, Net Profit & Contribution Marginlesson
- Lesson 6.4: Markup vs. Margin: Understanding the Differencelesson
- Lesson 6.5: Break-Even Analysislesson
- Lesson 6.6: Pricing Products & Serviceslesson
- Lesson 6.7: Profitability Analysis & Improving Marginslesson
Section 7
Module 7: Personal Finance & Money Management
- Lesson 7.1: Setting Personal Financial Goalslesson
- Lesson 7.2: Personal Budgeting Basicslesson
- Lesson 7.3: Saving Strategies & Building an Emergency Fundlesson
- Lesson 7.4: Understanding Credit & Debt Managementlesson
- Lesson 7.5: Introduction to Investinglesson
- Lesson 7.6: Retirement & Long-Term Financial Planninglesson