Basics of Business Accounting

• The ability to understand and interpret financial statements
• Balance Sheets, Income Statements, Cash Flow Statements and Statements of Owners' Equity
• The fundamentals of accrual accounting
• Key accounting concepts such as Depreciation, the Fundamental Accounting Equation, Revenue Recognition, Assets, Liabilities, and much more.
• Terminology like SG&A, Amortization, Unearned Revenue, Current and Non- Current Liabilities, Fixed Assets, and much more.

Basics of Business Accounting introduces the essential accounting and financial concepts that drive business decision-making in virtually every industry.

Designed for non-finance professionals, this course explains accounting in practical, straightforward language without assuming prior accounting experience. Whether you work in manufacturing, engineering, operations, quality, supply chain, project management, or general business, understanding accounting fundamentals can dramatically improve your ability to make informed business decisions.

Throughout this course, you will learn how to understand, interpret, and apply the Four Main Financial Statements:

• Balance Sheet

• Income Statement

• Cash Flow Statement

• Statement of Owners’ Equity

You will also learn foundational accounting concepts including:

• The Fundamental Accounting Equation

• Accrual Accounting

• Revenue Recognition

• Depreciation and Amortization

• Assets and Liabilities

• Cash Flow

• Double-Entry Accounting Fundamentals

• Current vs. Non-Current Assets and Liabilities

• SG&A and other common financial terminology

This course was built specifically for professionals who need accounting literacy, not necessarily a career in accounting. The goal is to help you become more confident reading financial information, communicating with finance teams, and understanding the business impact of operational and management decisions.

Whether you are reviewing budgets, managing projects, evaluating performance metrics, supporting operational improvements, or preparing for leadership responsibilities, a working understanding of accounting is an essential professional skill.

The course is taught through clear voice-over presentations, practical explanations, visual examples, and quizzes designed to reinforce learning without unnecessary complexity.

Read what students have said about Basics of Business Accounting:

• "Ray has done a great job by teaching a robust approach to accounting that has ranged from its history to practical development and application." - Dion B.

• "Using simple real life example to teach accounting to a non-accounting audience" - Anish J.

• "This class was very good. Love the balance sheet and income statement. Thank you so much for your time." - Leavon R.

• "It's a good review of accounting basics. A good refresher from my accounting class from years ago." - Kris S.

• "For someone who has very little experience, the material is presented in a way that is very easy to understand." - Laura H.

• "I really enjoyed this class. Ray makes understanding concepts which I typically struggle with seem easy. I would highly recommend taking this class if you want to learn the basics of accounting." - Deanna G.

When you enrolled in Basics of Business Accounting, you get LIFETIME ACCESS to the course contents, including any lectures or content I might add in the future, and Q&A access to the instructor through the Udemy platform.

If you are ready to start building practical accounting and financial literacy skills that support better business decision-making, then enroll today and get started.