Did you know that 82% of small business failures stem from poor financial record-keeping and cash flow management? This Short Course was created to help accounting professionals accomplish mastery of fundamental bookkeeping principles that form the backbone of accurate financial reporting.
Accounting: Balance Books & Beyond
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Accounting: Balance Books & Beyond
This course is part of Accounting Operations & Automation Specialization
Instructor: Hurix Digital
Included with
Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
2 hours to complete
Flexible schedule
Learn at your own pace
What you'll learn
The accounting equation (Assets = Liabilities + Equity) serves as the fundamental framework governing all financial transactions and equilibrium.
Double-entry bookkeeping provides systematic accuracy by requiring equal and opposite entries for every transaction, ensuring complete records.
Proper account classification within financial statements enables transparent communication of business performance to stakeholders for decisions.
Financial statement integrity depends on consistent application of accounting principles and systematic verification of all account balances.
Skills you'll gain
Details to know
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Recently updated!
January 2026
Taught in English
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This course is part of the Accounting Operations & Automation Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 3 modules in this course
Learners will understand and identify the three core components of the accounting equation (Assets = Liabilities + Equity) and recognize how this fundamental principle governs all financial transactions in business.
What's included
3 videos1 reading1 assignment
Learners will master the systematic method of recording business transactions using double-entry principles, ensuring every transaction maintains accounting equation balance and creates accurate financial records.
What's included
3 videos1 reading2 assignments
Learners will master the systematic organization of general ledger accounts into appropriate financial statement sections, enabling accurate statement preparation and clear communication of business financial position
What's included
3 videos1 reading2 assignments
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Frequently asked questions
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