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Basic Financial Concepts

Basic Financial Concepts

This course is an introduction to core accounting and book-keeping concepts.

Course Overview

The course is separated into the following components:

  • Introduction to Basic Financial Concepts
  • Purpose of a finance system
  • Bookkeeping and Accounting Activities
  • Bookkeeping Methods
  • Chart of Accounts
  • Account Types
  • Debits and Credits
  • Contra Accounts
  • Recording Business Transactions
  • Methods of Accounting