Bean Counter's
Financial Accounting Basics
Hello my name is Dave and yes I'm a bean counter. No I didn't say alcoholic, that's a soft drink not a beer in my hand, and this is not a meeting of Alcoholics Anonymous. For those of you that don't know a bean counter is slang sometimes used to refer to a bookkeeper or accountant. I've searched the web for good bookkeeping and accounting tutorials and courses and came to the conclusion that they're hard to find; but, I ran across some great classroom lectures presented by Professor Alldredge.
He explains accounting in a laid back fashion and presents accounting and bookkeeping concepts in an easy to understand fashion.
Who is this Course for ?
This financial accounting course is geared to business owners, managers, and individuals who have not had any formal bookkeeping training or on the job experience and need or want to learn the basics of bookkeeping and accounting. Oh by the way, you can teach an "ole" dog new tricks. In other words, this accounting and bookkeeping lecture series is for beginners (newbies) or those needing a quick refresher and is only an introduction into the world of bookkeeping and accounting. They say a little knowledge is a dangerous thing. Well, my goal and his is to make you dangerous.
Brief History Of Accounting and Bookkeeping
Father Of Accounting – Luca Pacioli
Father Of Accounting – Luca Pacioli
What’s Included ?
This basic financial accounting course is composed of 22 classroom video accounting lectures. My cartoon representative Professor Bean Counter introduces each lecture. Don't be confused. The cartoon intro is the same for each lecture but all the lectures are different. I'm a firm believer in giving credit where credit is due and this is my way of thanking and acknowledeging Professor Alldredge for his fine efforts. You can skip ahead of the intro if you so desire.
A written transcript or summary of each of the video lectures is also included as a review.
Cartoons are used to add a bit of humor to your Learning Experience. Who says that Learning Can't Be Fun ? Not Me !
What’s Covered ?
The course is organized into 4 major groups or categories as follow:
Accounting Cycle
Financial Statements
Learning Objectives
After completing this course, you should know or be able to perform the following:
Understand what accounting and bookkeeping is, why it’s important, and the key terms needed to discuss and properly use financial information.
Understand what makes bookkeeping “work”:
- Accounts/Chart Of Accounts
- Accounting Equation(s)
- Double Entry Accounting System
- Debits and Credits
- Rules
- Formal Records and Documents
- Accounting Cycle
How to analyze and record transactions using the formal financial records such as Journals and the General Ledger.
What Financial Statements are and how they are prepared and used.
Navigation
The Vertical Menu on the Left Side Of The Page contains the Lessons / Sections for Each Lesson.
In some cases, you may need to Scroll Down the Page to select the Lesson / Section.
Each Lesson / Section has Buttons at the Bottom of the Page to use for Moving Back to Prior Lessons / Sections and Moving Forward to the Next Lesson/ Section.
How Long ?
Each of the 22 videos lasts less than 5 minutes. The entire course can be completed in approximately 2 hours.
How To Use The Course
You can first Watch the Videos and then View and Read The Lessons / Sections
or
You can first View and Read The Lessons / Sections and then Watch the Videos
Final Financial Accounting Exam
You didn't think you would escape this accounting course without being tested did ya ? The exam is made up of 50 true and false questions and should take you about 1/2 an hour to complete. Is it hard ? Not if you were paying attention.
Learning Aids
The following Learning Aids are included in order to help you to understand the accounting and bookkeeping concepts discussed in this accounting course:
Basic Bookkeeping Concepts Textbook
Textbook
Bean Counter Tutorial
Terms & Definitions
Additional Accounting & Bookkeeping
Terms & Definitions
Glossary
Debits & Credits Cheat Sheets
Help on determining when to Debit or Credit
Dr/Cr Cheat Sheet
Diagram
Debit/Credit Flow Chart
Special Journals
What Journal To Use
Flow Chart/Diagram
Special Journals
ALOE-RED
Acronymn - Easy Way of Remembering the Types Of Accounts
Major Types Of Accounts & Relationships
Diagram
Types Of Accounts
DEALER
Acronymn - Easy Way of Remembering the Types Of Accounts and Debits & Credits
Basic Accounting Financial Statements Equations
Diagram
Accounting Equation
Sample Balance Sheet Accounts
Descriptions & Definitions
Balance Sheet Accounts
Sample Income Statement Accounts
Descriptions & Definitions
Income Statement Accounts
You can Download the Learning Aids as PDF'S and use them as you complete the course.
Copyright © Bean Counter
Acknowledgements
Cartoons on this site provided by Ron Leishman. All Toon images are copyright © . No images may be resold or redistributed without prior written permission from Ron Leishman. If you enjoyed them, get some of your own Toon-A-Day. Videos courtesy of Professor Dave Alldredge.
Disclaimer
The information provided on this site is not intended to provide or be a substitute for specific individualized accounting, tax, legal, business, or investment planning advice. Where specific advice is necessary or appropriate, Bean Counter recommends consultation with a qualified tax advisor, CPA, Financial Planner or Investment Manager. The information provided herein is for general informational purposes only and should not be considered an individualized recommendation, personalized investment advice or an endorsement by Bean Counter. The information presented is obtained from what are considered reliable sources; however, its accuracy, completeness or reliability cannot be guaranteed and therefore should not be relied upon as such. Bean Counter accepts no liability for any direct or consequential loss arising from any use of this information.
Bean Counter and their affiliated parties make no representation regarding sites that you might access from this site and are not liable for any damages that you incur from their use.