Skills Class of the Week: Basic Accounting for Your Business

Skills Class of the Week: Basic Accounting for Your Business

Accounting in 60 Minutes - A Brief Introduction by Vincent Turner

You may have caught our post on 4 apps that can help virtual assistants manage their finances. It's such an important topic for any independent or small business owner to gain at least a basic level of knowledge about; so when we came across this low-cost skills class from Udemy, we thought it would be a perfect to share in addition to last week's article!

Why Should You Enroll?

As a freelancer or small business owner, you're not always in the position to hire an accountant to manage the books for your business. Therefore, you are solely in charge of sending and paying invoices, balancing the budget for business purposes, keeping track of your tax information, etc! This is a lot to handle, and making sure it's done correctly is vital for your business' survival and success! So get familiar with these basic accounting principles with this class that will teach you all the basics! And the best part, it's only about an hour long class, so you can quickly get back to your core work!

What's Included?

This in not an all-encompassing course, it will simply show you the very basics of accounting needed to run your small business. The course includes whiteboard presentations, videos and short quizzes delivered in an understandable format so you can easily follow along!

You will learn about:

  • The Accounting Equation (One you can understand!)
  • Balance Sheets
  • Income Statements
  • Debits and Credits (And how to know which is which!)
  • Why Profit Does Not Equal Cash!

If you managing your books is something you constantly dread, this course will help you feel more comfortable and confident!

Who is the Targeted Audience?

This course is targeted towards anyone who runs their own business, either as a freelancer, LLC, or contractor.

Is There Any Certification?
No, there is no official certification for this course. However, the skills you will gain will help you in ensuring financial clarity for your business!

We hope you enjoy Accounting in 60 Minutes from Udemy! Let us know what you think about the course in the comments below!

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We Are Virtual Assistants

We are Virtual Assistants is a community of talented, and inspired virtual assistants who harness the power of opportunity and experience renewed focus and motivation. Get access to industry expertise and resources in a user-friendly and engaging format, and learn the systematic approach to building a profitable virtual assistant business.
We Are Virtual Assistants
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