Hmm, I'm not sure this is for absolute beginners. It assumes a bit of prior knowledge that wasn't explicitly taught. Some examples were confusing.
Practical Accounting Fundamentals for Entrepreneurs
Learn to manage finances, understand financial statements, and apply modern accounting principles to your business or personal life through clear written instruction.
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About this course
Course contents
6 modules · 30 lessons · 3h 2m
1
The Basics: Building the Vocabulary
Understand fundamental concepts and terminology before touching the numbers.
- Welcome: Accounting as a Map
Accounting isn't just about taxes; it's a tool to understand where your money is going.6 min - The Essential Glossary
Defining key terms you will encounter every day in business.6 min - Assets: What Your Business Owns
Identifying tangible and intangible assets that generate value.6 min - Liabilities: Your Obligations
Understanding debts and financial commitments to third parties.6 min - Equity: Your Real Value
What actually remains for the owner after subtracting debts.6 min
2
The Engine of Accounting
Learn how bookkeeping entries and accounting balance work.
- The Fundamental Accounting Equation
A deep dive into the A = L + E formula and why it must always balance.6 min - Debits and Credits: The Logic of Flows
Demystifying the concept of debits and credits in the double-entry system.7 min - Recording Your First Transaction
A practical example of how a sale or purchase impacts the accounts.6 min - The General Journal and the Ledger
The difference between the chronological record of operations and the summary by category.6 min - Common Errors to Avoid
Identifying and preventing typical beginner mistakes in bookkeeping.6 min
3
Reading the Map: Financial Statements
Knowing how to read and interpret the three main reports.
- The Balance Sheet: The Snapshot
Analyzing business stability at a specific point in time.6 min - The Income Statement: The Movie of the Year
Evaluating whether the business is generating profit or loss through revenues and costs.6 min - Cash Flow Statement: The Flow of Cash
Tracking actual cash movements, distinguishing between profit and liquidity.6 min - Profit vs. Cash: The Vital Distinction
Why a profitable company can fail due to a lack of liquidity.6 min - Exercise: Real-World Case Analysis
Bringing the three documents together to assess the health of a small business.7 min
4
Digital Tools and Automation
Modernizing accounting management with technology.
- From Paper to Digital
Benefits of going paperless and real-time recording.6 min - Cloud Software: An Overview
Comparison of the main tools (e.g., Fatture in Cloud, Xero, QuickBooks).6 min - Automating Data Collection
Using apps to scan receipts and link bank accounts.6 min - Security and Backup
Protecting sensitive financial data in the cloud.6 min - Choosing the Right Tool for You
Criteria for selecting software based on business size.6 min
5
Analysis and Strategic Decisions
Using numbers to drive business growth.
- Introduction to Financial Ratios
What ratios are and why they are used for comparisons.6 min - Liquidity Ratios
Measuring the ability to pay short-term debts.6 min - Profitability Ratios
Understanding the return on every euro invested in the business.6 min - Data for Investing or Cutting
Making strategic decisions based on cost analysis.6 min - Planning and Budgeting
Creating a financial forecast based on historical data.6 min
6
Compliance and Professional Relationships
Managing taxes and communicating effectively with stakeholders.
- Tax Compliance Basics
Key deadlines and obligations for a small business owner.6 min - Preparing for Taxes
Organizing documents to minimize year-end stress.6 min - Talking to Your Accountant
How to ask the right questions and understand technical answers.6 min - Presenting Numbers to Investors
What lenders and investors look for in your financial reports.6 min - Financial Health Checklist
A monthly and annual routine to keep everything under control.6 min
Your Business Financial Dashboard
Students must simulate managing one month of a business (real or fictional), recording 10 transactions, generating a simplified Balance Sheet and Income Statement, and writing a brief strategic commentary.
What you'll get
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Short & focused
3h 2m of practical content
Certificate of completion
Every course you complete on PickAClass issues a credential like this — original, with its own code, verifiable by URL, and detailed about what was actually demonstrated.
Reviews (5)
Loved the clear explanations and the variety of examples. This course is incredibly valuable and applicable.
Found it useful for a refresher. Not sure it would be the best starting point for a complete beginner, tbh.
Found it pretty useful. The lessons were well-paced for the most part. I did find myself wanting a bit more practical application shown.
It's a good course if you have some prior knowledge. For absolute beginners, some concepts might be a bit challenging. The structure is logical, though.
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Cost Accounting: Profitability and Income Statement Analysis
Analyzing Financial Statements and Annual Reports
Frequently asked
What do I need to take this course? +
Just a phone or computer with internet. No installs, no special hardware.
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Can I get a refund? +
Yes — full refund within 14 days, no questions asked.
How long will I have access? +
Forever. Once you purchase, the course is yours to revisit anytime.
Will I get a certificate? +
Yes. On completion you'll receive a certificate you can add to your LinkedIn profile.
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