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AccKnowledge Basics
Group introduction
Introduction to AccKnowledge (0:21)
Course introduction (0:26)
Module One: The Accounting Process
Module introduction (0:48)
Transactions (1:31)
Source documents (0:52)
Journals (1:31)
Ledgers (1:12)
Trial balance (1:22)
Financial statements (5:15)
Module summary (0:42)
Quiz
Module Two: The Elements of Accounting
Module introduction (0:18)
The accounting equation (1:32)
Assets (1:14)
Liabilities (0:32)
Equity (0:55)
Income (0:57)
Expenses (0:43)
Timing (1:03)
Module summary (0:34)
Quiz
Module Three: The System of Double Entry
Module introduction (0:46)
What is it? (0:35)
Why do we need it? (1:57)
Why does it work? (1:02)
The lingo (1:02)
Pick a side (1:04)
Deciding between debits and credits (3:10)
Module summary (0:28)
Quiz
Module Four: The Principles of Accounting
Module introduction (0:22)
It's accrual world (1:42)
Match the batch (1:29)
Back in the day (1:12)
Better safe than sorry (1:09)
It's not what it looks like (2:01)
Module summary (0:33)
Quiz
Module Five: The Set of Financial Statements
Module introduction (0:34)
The statement of profit or loss and other comprehensive income (3:38)
The statement of financial position (3:34)
The statement of changes in equity (3:06)
The statement of cash flows (3:17)
Module summary (0:30)
Quiz
Module Six: Summary
Course summary (0:45)
Deciding between debits and credits
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