A Step by Step Practical Guide to Help you Understand the Important Accounting, Book-keeping, and Financial Principles

We developed this course to support entrepreneurs and small businesses in protecting their hard work through a good understanding of accounting best practices.

Understanding what is accounting and how it impacts your day-to-day business activities are essential in today’s competitive business world. In this simple and practical course, we take you through a step-by-step guide to the accounting process, highlighting the essential financial topics that every business should know and track.
This Online Course and support service is provided by www.potential.com as part of our Real World Education series.  

All videos aim to provide practical learning that you can put into action. Over 1 hour of practical video content, supported by cases and additional resources.

Potential.com Online Course Methodology

In addition to the online self-service course, you will also be invited to attend a webinar on the topic which gives you an opportunity to ask questions to an expert and interact with peers. 

A support team would be available to answer any question you have within 24 hours. 

Course Curriculum

  • 1

    Accounting and Bookkeeping Overview

  • 2

    Structuring your Accounting Department

    • Accounting Department Structure

    • Your Accounting Department

    • Survey Questions

    • Accounting Department Structure Case Study
  • 3

    Accounting Systems

    • Which Accounting System to Use?

    • Your Accounting System

    • Survey Questions

    • Accounting System Case Study

    • importance of managing financials
  • 4

    Accounting Concepts

    • Accounting Concepts

    • Survey Questions

    • Accounting Concepts Case Study

    • Accounting concepts your accounting team is fully aware of

  • 5

    Bookkeeping Double Entry Principle

    • Double Entry Principle

    • Survey Questions

    • Double Entry Principle Case Study
  • 6

    Accounting Cycle

  • 7

    Chart of Accounts

    • Chart of Accounts

    • Your Chart of Accounts

    • Survey Questions

    • Chart of Accounts Case Study
  • 8

    Revenue Recognition

    • Recognition of Revenue

    • Survey Questions

    • Recognition of Revenue Case Study
  • 9

    Accounting for Inventories

    • Accounting for Inventories

    • Survey Questions

    • Accounting for Inventories Case Study
  • 10

    Accounting for Fixed Assets

    • Accounting for Fixed Assets

    • Survey Questions

    • Accounting for Fixed Assets Case Study
  • 11

    Income Statement

    • Income Statement

    • Survey Questions

    • Income Statement Case Study
  • 12

    Balance Sheet

    • Balance Sheet

    • Your Balance Sheet

    • Survey Questions

    • Balance Sheet Case Study
  • 13

    Cash Flow Management

    • 7 Reasons Why you Should Prepare a Cash Flow Projections Report

    • 3 Essential Sections of a Cash Flow Statement

    • 5 Steps for Managing your Cash Flow
  • 14

    Auditing your Business

    • Auditing for your Business

    • Auditing for your Business Case Study

    • Close your books properly for more accurate financial statements%21

    • Your Internal Audit Department

    • Survey Questions
  • 15

    What do funders look for in a Company

    • Five Ideas on How to Fund Your Business

    • What VC Investors Look for in a Company

    • Keep these things in mind when talking to Investors

    • Keep these things in mind when talking to Investors
  • 16

    Accounting Fundamentals Final Test

    • Final Test

Doing mistakes is part of the learning process, but don't do the same mistakes that others have learned from. 

Take this course to save time, money and pain so you can focus on your own learnings.

Sign up now!

You may also be interested in...