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Let's learn the basics of accounting
Updated on Sep, 2026
Finance and Accounting, Accounting and Bookkeeping,
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In this course, we will cover several accounting topics related to both financial and managerial accounting. This course is geared towards those students entering MBA programs without a background in accounting, so no experience in accounting is required. However, the course would be useful to anyone wanting to learn more about these accounting topics.
We will spend the first 2/3 of the course going through financial accounting and the last 3rd going through managerial accounting. We will cover topics such as financial accounting concepts, the difference between financial and managerial accounting, journal entries, normal balances of accounts, posting to the T account and general ledger, unadjusted and adjusted trial balances, income statement, balance sheet, statement of cash flows, statement of owners equity, cash and the bank reconciliation, current assets, inventory, long term assets and depreciation, warranties, bonds, stock, equity, and dividends, budgeting, standard costs and variance analysis, relevant costs and special decisions.
This course will include one or more videos for each module. There will also be text materials covering each of the topic. For practice, there will be quizzes along the way, as well as a final exam to test your understanding of the materials.
I look forward to working with you throughout the course!
Who this course is for:
Learn about financial accounting
Learn about managerial accounting
Understand the differences between financial and managerial accounting
This is an introductory level accounting course, therefore no prerequisites are needed.
Check out the detailed breakdown of what’s inside the course
I have a Master of Professional Accountancy Degree (MPA) from the University of Nebraska-Lincoln. I have been teaching accounting part time, both face to face and online since 2008. I work as the manager of our Audit training area, managing the training plan and course development for 150 auditors nationwide. My work history includes reviewing, preparing, and presenting course material for the Becker Professional CPA Review.
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