Excel Accounting 1–Transactions for Common Data Input Forms

Introduction

Are you looking to enhance your accounting skills and master Excel at the same time? The "Excel Accounting 1–Transactions for Common Data Input Forms" course might be just what you need. This comprehensive course walks you through the process of building an accounting system from scratch using Excel, covering everything from basic navigation to creating detailed financial statements. By the end of the course, you’ll not only understand accounting principles but also gain practical experience with Excel, making you more valuable in the job market.

Course Details

Course Curriculum Overview

The course is designed to take you through the entire process of creating an accounting system in Excel. You’ll start with a blank worksheet and gradually build up to a fully functional system. The curriculum covers:

Creating and formatting Excel worksheets
Setting up a general journal, general ledger, and trial balance
Developing subsidiary ledgers
Constructing financial statements such as the balance sheet and income statement
Entering transactions for vendor, customer, and employee cycles

Each lesson includes a downloadable Excel workbook with at least two tabs: one with completed steps and another that picks up where the previous lesson left off.

Key Learning Outcomes

By the end of the course, you will:

Understand the fundamentals of accounting and how to apply them in Excel.
Be able to create and manage an accounting system from scratch.
Gain proficiency in entering and tracking transactions across different cycles.
Develop a deeper understanding of how accounting software like QuickBooks works.

Target Audience and Prerequisites

This course is ideal for:

Beginners with no prior accounting knowledge.
Accounting students looking to reinforce their understanding through practical application.
Professionals aiming to enhance their Excel and accounting skills.

There are no prerequisites for this course. If you don't have Excel, you can use Google Sheets or another spreadsheet program.

Course Duration and Format

The course comprises 8.5 hours of on-demand video content, supplemented by 11 downloadable resources. It is accessible on mobile and TV, making it convenient for learners on the go. Upon completion, you will receive a certificate.

Instructor Background

The course is taught by Robert (Bob) Steele, a seasoned professional with the following credentials:

Certified Public Accountant (CPA)
Chartered Global Management Accountant (CGMA)
Master of Science in Taxation
Certified Professional Instructor (CPI)

Bob has an impressive track record with a 4.5 instructor rating, over 54,000 reviews, and more than 930,000 students across his 157 courses. His expertise and teaching style make complex topics accessible and engaging.

Benefits & Applications

Practical Skills Gained

This course equips you with practical skills that are directly applicable in real-world scenarios. You’ll learn how to:

Navigate and format Excel worksheets efficiently.
Create and manage general journals, ledgers, and trial balances.
Enter transactions accurately and understand their impact on financial statements.

Real-World Applications

The skills you acquire are highly relevant to various professional settings. For example:

Small Business Owners: Use Excel to manage your accounting without relying on expensive software.
Accountants: Enhance your proficiency with Excel to streamline your work processes.
Students: Gain a practical understanding of accounting principles that complements your academic studies.

Career Relevance

Understanding both accounting theory and Excel proficiency can significantly boost your career prospects. Many employers value candidates who can handle both the theoretical and practical aspects of accounting, making you a versatile and attractive hire.

Industry Alignment

The course aligns well with the demands of the accounting and finance industry. With the increasing use of Excel in financial analysis and reporting, mastering these skills can give you a competitive edge.

Standout Features

Unique Course Elements

One of the standout features of this course is the step-by-step approach to building an accounting system from scratch. The use of downloadable workbooks allows you to practice and reinforce your learning at each stage.

Learning Materials and Resources

The course provides 11 downloadable resources, including Excel workbooks that are crucial for hands-on practice. These resources are well-organized and easy to follow, ensuring that you can apply what you learn effectively.

Support Features

While the course is self-paced, the instructor's expertise and clear explanations provide robust support. Additionally, the course's on-demand format allows you to revisit lessons as needed, ensuring you grasp all concepts thoroughly.

Course Updates Policy

Bob Steele is committed to keeping the course relevant and up-to-date. Regular updates ensure that you have access to the latest techniques and best practices in Excel accounting.

Student Success

Learning Outcomes

Students who complete this course often report a significant improvement in their understanding of accounting principles and Excel proficiency. Many find the practical approach invaluable for their professional development.

Student Achievements

Numerous learners have successfully applied their new skills in real-world settings, from managing their small business accounts to excelling in their accounting