Accounting - Let's Make it Simple
We will learn what accounting is, who are the users of accounting and the parts of the financial statement. Students will become more comfortable with basic accounting concepts.
New on Outschool
What's included
Meets on Demand
schedule meetings as needed40 mins
per sessionTeacher support
Assignments
1-2 hours per week. includedAssessment
includedClass Experience
We will go through the fundamental concepts of accounting in a discussion form. 1. What is accounting? What its purpose? 2. Who are the users of the financial statement? 3. What are the basic accounting principals? a. Going Concern Assumption b. Matching Principal c. Revenue Recognition d. Expense Recognition e. Historical Cost Principal. f. Accruals 4. What is the balance sheet? What are the parts of the balance sheet? 5. What is the income statement? 6. How are the balance sheet and income statement related? What do they tell us?
Learning Goals
Students will learn to read the balance sheet and income statementStudents will understand the basic accounting principals
Other Details
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Teacher expertise and credentials
I have a bachelor's degree in accounting and finance and a masters of business administrations.
For younger students I tutor students in math and reading comprehension. My goal is to give students multiple tools and tricks to build their confidence to tackle any problem. With one on one sessions I can better understand the students needs and build lessons plans to cater to them. I am a mother of three and understand that each child has individualized needs in order to succeed.
For students interested to learn more about financial literacy I offer a variety of topics to go over including (but not limited to)
1. Financial Literacy and economics - what is and how it affects our everyday lives
2. Introduction to accounting - What is accounting? What are financial statements?
3. Business Management - What is business management? Why do we need to make these important decisions?Reviews
Live 1-on-1 Lessons
$40
per sessionMeets on demand
40 min
Live video meetings
Ages: 14-18
