Accounting Systems in Practice

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About Course

About the Course

This course provides a practical, hands-on guide to building a functional accounting system using Microsoft Excel, equipping you with the skills needed to manage real-world financial records with confidence. In this applied course, you will:

  • Develop a clear understanding of how real-world accounting systems are structured and maintained.
  • Build reusable, Excel-based accounting templates that can be applied across different businesses and scenarios.
  • Apply proper bookkeeping practices and the principles of double-entry accounting to ensure consistency and accuracy.
  • Improve accuracy in recording, reconciling, and correcting transactions through structured reconciliation techniques.
  • Gain confidence in handling errors, missing information, and data inconsistencies while maintaining reliable financial records.

By the end of this course, you will be equipped to design, manage, and reconcile accounting records in Excel, transforming unstructured financial data into accurate, dependable reports suitable for day-to-day accounting and financial decision-making.

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What Will You Learn?

  • Setting up a functional accounting system using Microsoft Excel.
  • Preparing financial reports from the scratch using bank statements.
  • Applying the principles of double-entry accounting correctly.
  • Understanding proper bookkeeping structure and best practices.
  • Reconciling incomplete records and correcting accounting errors.
  • Organizing financial data for accuracy and reliability.

Course Content

Course Orientation and Overview

  • Course Introduction
    10:33
  • Course Expectations and Learning Goals
    19:53
  • Introductory Questions and Answers
    36:24
  • Further Questions and Answers Session
    25:00
  • Course Overview and Summary
    05:06
  • The Accounting Cycle: A Step-by-Step Overview
    33:22
  • Questions and Answers on Foundational Concepts
    41:11

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