Introduction to Accounting

Introduction to Accounting

Self-Paced: for those who are unfamiliar with accounting and who want to learn about basic accounting terms and core financial statements businesses use to report their financial health.

About this course

This course is designed for those who are unfamiliar with accounting and who want to learn about basic accounting terms and core financial statements businesses use to report their financial health. 

By the end of the course, you’ll be able to:
• Define accounting
• Describe commonly used accounting terms
• Discuss basic accounting processes
• Identify various financial statements
• Recognize the relationship between financial statements
• List the steps in account closing

Prerequisites: None.

The course is broken down as shown:

Module 1
Introduction to Accounting
Topic 1: Introduction
Topic 2: What Is Accounting?
Topic 3: Assets and Liabilities
Topic 4: Income and Expense
Topic 5: Debits and Credits
Topic 6: Journal Entries
Topic 7: General Ledgers and Sub-Ledgers
Check Your Understanding I

Module 2
Principles and Processes
Topic 1: GAAP and IFRS
Topic 2: The Accounting Equation
Topic 3: Accounting Period, Reporting Period, Fiscal Year
Topic 4: Cash Accounting and Accrual Accounting
Topic 5: Revenue Recognition
Topic 6: Deferred Revenue and Realized Revenue
Topic 7: Fair Value Accounting
Check Your Understanding II

Module 3
Financial Statements
Topic 1: What Are Financial Statements?
Topic 2: Income Statement
Topic 3: Balance Sheet
Topic 4: Statement of Stockholder’s Equity 
Topic 5: Relationship between the Financial Statements
Check Your Understanding III

Module 4
Account Closing
Topic 1: Closing the Books
Topic 2: Accounting Close Process

Module 5
Course Summary
Course Summary
Completed Objectives
Next Steps

If you're familiar with accounting basics and want to learn about Zuora's Finance product, check out the Zuora Finance: An Introduction.

Course1 hour

  • Module 1
  • Introduction to Accounting

    Topic 1: Introduction
    Topic 2: What Is Accounting?
    Topic 3: Assets and Liabilities
    Topic 4: Income and Expense
    Topic 5: Debits and Credits
    Topic 6: Journal Entries
    Topic 7: General Ledgers and Sub-Ledgers

  • Check Your Understanding I
  • Module 2
  • Principles and Processes

    Topic 1: GAAP and IFRS
    Topic 2: The Accounting Equation
    Topic 3: Accounting Period, Reporting Period, Fiscal Year
    Topic 4: Cash Accounting and Accrual Accounting
    Topic 5: Revenue Recognition
    Topic 6: Deferred Revenue and Realized Revenue
    Topic 7: Fair Value Accounting

  • Check Your Understanding II
  • Module 3
  • Financial Statements

    Topic 1: What Are Financial Statements?
    Topic 2: Income Statement
    Topic 3: Balance Sheet
    Topic 4: Statement of Stockholder’s Equity 
    Topic 5: Relationship between the Financial Statements

  • Check Your Understanding III
  • Module 4
  • Account Closing

    Topic 1: Closing the Books
    Topic 2: Accounting Close Process

  • Module 5
  • Course Summary

    Course Summary
    Completed Objectives

  • Course Rating
  • Next Steps

About this course

This course is designed for those who are unfamiliar with accounting and who want to learn about basic accounting terms and core financial statements businesses use to report their financial health. 

By the end of the course, you’ll be able to:
• Define accounting
• Describe commonly used accounting terms
• Discuss basic accounting processes
• Identify various financial statements
• Recognize the relationship between financial statements
• List the steps in account closing

Prerequisites: None.

The course is broken down as shown:

Module 1
Introduction to Accounting
Topic 1: Introduction
Topic 2: What Is Accounting?
Topic 3: Assets and Liabilities
Topic 4: Income and Expense
Topic 5: Debits and Credits
Topic 6: Journal Entries
Topic 7: General Ledgers and Sub-Ledgers
Check Your Understanding I

Module 2
Principles and Processes
Topic 1: GAAP and IFRS
Topic 2: The Accounting Equation
Topic 3: Accounting Period, Reporting Period, Fiscal Year
Topic 4: Cash Accounting and Accrual Accounting
Topic 5: Revenue Recognition
Topic 6: Deferred Revenue and Realized Revenue
Topic 7: Fair Value Accounting
Check Your Understanding II

Module 3
Financial Statements
Topic 1: What Are Financial Statements?
Topic 2: Income Statement
Topic 3: Balance Sheet
Topic 4: Statement of Stockholder’s Equity 
Topic 5: Relationship between the Financial Statements
Check Your Understanding III

Module 4
Account Closing
Topic 1: Closing the Books
Topic 2: Accounting Close Process

Module 5
Course Summary
Course Summary
Completed Objectives
Next Steps

If you're familiar with accounting basics and want to learn about Zuora's Finance product, check out the Zuora Finance: An Introduction.

Course1 hour

  • Module 1
  • Introduction to Accounting

    Topic 1: Introduction
    Topic 2: What Is Accounting?
    Topic 3: Assets and Liabilities
    Topic 4: Income and Expense
    Topic 5: Debits and Credits
    Topic 6: Journal Entries
    Topic 7: General Ledgers and Sub-Ledgers

  • Check Your Understanding I
  • Module 2
  • Principles and Processes

    Topic 1: GAAP and IFRS
    Topic 2: The Accounting Equation
    Topic 3: Accounting Period, Reporting Period, Fiscal Year
    Topic 4: Cash Accounting and Accrual Accounting
    Topic 5: Revenue Recognition
    Topic 6: Deferred Revenue and Realized Revenue
    Topic 7: Fair Value Accounting

  • Check Your Understanding II
  • Module 3
  • Financial Statements

    Topic 1: What Are Financial Statements?
    Topic 2: Income Statement
    Topic 3: Balance Sheet
    Topic 4: Statement of Stockholder’s Equity 
    Topic 5: Relationship between the Financial Statements

  • Check Your Understanding III
  • Module 4
  • Account Closing

    Topic 1: Closing the Books
    Topic 2: Accounting Close Process

  • Module 5
  • Course Summary

    Course Summary
    Completed Objectives

  • Course Rating
  • Next Steps