Lesson One:
Address Preconceptions and Barriers to learning accounting process (MINDSET)
Complicated
Impatience
Skepticism
Self-Doubt
False Confidence
Lesson Two:
The Language of Business is Accounting- Define Business Type
Sole Proprietor
Partnership
Limited Liability Companies
Non- Profits
Lesson Three:
Accounting Framework
Balance Sheet - Assets, Liabilities, Equity
P&L Statement - Income Expense
Step 3 – General Ledger and Chart of Accounts - Name of All the accounts in your business
Lesson Four:
Financial Statements
Pulling it all together
Lesson Five:
Debits and Credits
Entering transactions
Accounting for transactions
Posting to the General Ledger
What is posting, explained
Lesson Six:
Preparing a Trial Balance
What is a Trial Balance, how to prepare one?
Lesson Seven:
Prepare Financial Statements
Exercises, prepare yourself
Lesson Eight:
Conclusion and Questionnaire
Summary, and feedback.
Lesson Nine:
Step 9 – Bookkeeping Software'
Lesson Ten:
Step 10 – Resources to help you along the way