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Accounting 101 - Basic Accounting Concepts Explained

Chris Benjamin, Instructor, MBA and CFO

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18 Videos (1h 14m)
    • 029ITAC Section 01a Course Introduction

      1:12
    • 029ITAC Section 01b Instructor Introduction

      2:47
    • 029ITAC Section 02a Overview and What To Know

      4:15
    • 029ITAC Section 02b Accounting Concepts

      8:20
    • 029ITAC Section 02c Debits and Credits

      4:27
    • 029ITAC Section 02d Accounting Cycle

      7:07
    • 029ITAC Section 02e Balance Sheet

      7:17
    • 029ITAC Section 02f Income Statement

      6:49
    • 029ITAC Section 03a Revenue Recognition

      3:31
    • 029ITAC Section 03b Short Term Liabilities

      2:52
    • 029ITAC Section 03c Cash vs Accrual Accounting

      3:06
    • 029ITAC Section 03d Reading the P&L

      3:39
    • 029ITAC Section 04a Dos and Donts

      4:14
    • 029ITAC Section 04b Case Study 1 Error Detection

      3:01
    • 029ITAC Section 04c Case Study 2 Running The Business

      2:20
    • 029ITAC Section 04d Case Study 3 Projections

      2:18
    • 029ITAC Section 04e Ten Point Checklist

      4:07
    • 029ITAC Section 05a Course Conclusion

      2:32

About This Class

Learn Basic Accounting Concepts, How To Account for Debits and Credits, Financial Reporting, Excel, Revenue & Expenses

** New Course for 2018! **

Accounting concepts can be difficult to understand until you have a fundamental background in accounting.  Learning the basics of accounting with 20+ year accountant Chris Benjamin in this course, and be well on your way to an accounting career and/or understand your business much better. 

In this course we go step by step, starting with terminology, the accounting cycle, several accounting concepts, and reading financial statements.  From there we look at specific areas of accounting that deserve more attention.  As well we will go through a few situations and how to best apply accounting knowledge.  By the end of this course you will be comfortable talking about accounting and understanding what others are talking about themselves.

What We Do In The Course:  

  • Learn Accounting Terminology
  • Learn the accounting cycle
  • Learn about the major financial reports and how to read them
  • Learn debits and credits
  • Learn about cash vs. accrual accounting
  • Review 3 case studies and how accounting applies
  • And Much More!!!

At any point if you have a question, please feel free to ask through the course forum, I'd be happy to answer any and all questions.  

Chris Benjamin, MBA & CFO is a seasoned professional with over 20 years experience in accounting, finance, Microsoft Excel and budgets.  Having spent the first 10 years of my career in corporate settings with both large and small companies, I learned a lot about the accounting process, managing accounting departments, financial reporting, external reporting to board of directors and the Securities and Exchange Commission, and working with external auditors.  

The following 10+ years I decided to go into CFO Consulting, working with growing companies and bringing CFO level experience to companies.  I help implement proper best business practices in accounting and finance, consult on implementation of accounting systems, implementing accounting procedures, while also still fulfilling the CFO roll for many of my clients which includes financial reporting, auditing, working with investors, financial analysis and much more.  

Chris Benjamin, Instructor, CFO & MBA

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Chris Benjamin

Instructor, MBA and CFO