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Easily conquer double-entry bookkeeping

Name: Easily conquer double-entry bookkeeping
Availability: InStock
Rating: 4.7 (75 reviews)

4.7(75)1k studentsBEGINNER

Korshub's take

Bookkeeping taught for understanding, not memorization

This course starts from a specific frustration: double-entry bookkeeping is often taught as a set of processes to memorize rather than a system to understand, and that approach rarely sticks. Here, the starting point is the financial statements themselves, since that's what the double-entry system exists to produce.

How it builds

Reading financial statements in their simplest form, using real, relatable examples
Classifying accounts correctly as income, expense, asset, or liability
Seeing how business transactions affect financial statements and understanding their dual effect
Recording those same transactions accurately in double-entry accounts

Who it's for

Beginners who have struggled with double-entry bookkeeping in the past, or anyone who wants to actually understand the logic behind it rather than memorize steps. The course uses brain-friendly learning methods and asks you to actively engage throughout, rather than passively watch.

About this course

This course is unlike any other! What and how you'll learn is different - enriching your mind.

As a student, I really struggled to get to grips with double-entry bookkeeping. Why? Quite frankly, it was taught poorly. There was little context, and I was encouraged to memorise processes rather than truly understand them. And I still see this out-dated teaching and learning method being used.

Our brain is not designed to retain what it considers to be useless. It is when we can’t see how what we are learning relates to the real world. No wonder I would forget it so easily.

There is no need for you to struggle! The system is logical, and it will make perfect sense when you learn it properly. You’ll remember it forever, end the continual struggle, and benefit from being a brilliant bookkeeper and accountant.

Anything is difficult to learn unless you can appreciate why you’re learning about it. You must begin by understanding the financial statements, as the purpose of the double-entry bookkeeping system is to produce them.

You’ll learn how to read financial statements in their simplest form. You’ll draw from your own experience, use real examples and be able to put the topic into context. It will make it much easier for you to be able to classify double-entry accounts correctly (income, expense, asset, and liability).
You’ll be adjusting the figures within the financial statements, seeing the impact that business transactions have on them and understand what they tell us about the state of the business. The dual-effect of business transactions will be so much more obvious to you.
It will be much simpler for you to accurately record the same transactions in double-entry accounts, as you’ll already have a good grasp of the complete picture and how the information you’re recording is used.

I use brain friendly learning methods and practices. You’ll be involved from the outset using the natural abilities of your brain to optimise the way you think and learn. So, please set more time aside than the stated length of each video.

You’ll be amazed by the results you can achieve when you learn something properly. Enjoy learning!