Accounting 101: Double-Entry Bookkeeping Fundamentals
Learn the core principles of double-entry bookkeeping system, debits and credits, and how to maintain accurate financial records for your business.
Master essential accounting concepts, principles, and practices to make informed financial decisions for your business success.

Master the fundamentals of reading and interpreting balance sheets, income statements, and cash flow statements to make informed business decisions.
David Thompson, CPA
March 18, 2024
Learn the core principles of double-entry bookkeeping system, debits and credits, and how to maintain accurate financial records for your business.
Compare LLC, S-Corp, C-Corp, and Partnership structures to understand tax implications, liability protection, and operational requirements.
Create a comprehensive chart of accounts tailored to your industry with proper account codes, categories, and best practices for organization.
Implement essential internal controls to safeguard assets, prevent fraud, ensure accurate reporting, and maintain compliance with regulations.
Learn to calculate true costs of products and services using direct costs, indirect costs, overhead allocation, and activity-based costing methods.
Master key financial ratios including liquidity, profitability, efficiency, and leverage ratios to assess business health and make strategic decisions.
Understand different inventory valuation methods and their impact on cost of goods sold, taxes, and financial reporting for your business.
Practice what you learn with our interactive calculators and worksheets
Calculate key business ratios instantly
Downloadable templates by industry
Test your accounting knowledge
Start with basic principles
Learn to read and analyze
Master ratios and metrics
Get one-on-one training and mentorship from our certified professionals.
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