Accounting Essentials for Small Businesses

Learn bookkeeping, invoices, cash flow and the three main financial statements in plain language.

Beginner English
Created by Learnment Academy
Last updated Sun, 08-Nov-2026
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Course overview

Made for business owners, freelancers and new office staff who need to understand the numbers without an accounting degree.

Examples follow a small trading company through one full year.

What will i learn?

  • Record income and expenses correctly
  • Understand debits and credits
  • Read a profit and loss statement, balance sheet and cash flow statement
  • Track cash flow and spot problems early
Requirements
  • Basic maths
  • Excel or Google Sheets is useful but not required
Curriculum for this course
10 Lessons
Accounting basics
3 Lessons
  • Welcome
    Preview 00:06:00
  • Why accounting matters for a small business
    00:08:00
  • Assets, liabilities and equity
    00:12:00
Bookkeeping
3 Lessons
  • Double entry made simple
    00:16:00
  • Invoices, receipts and bills
    00:12:00
  • Bank reconciliation
    00:14:00
Financial statements
4 Lessons
  • Profit and loss
    00:14:00
  • Balance sheet
    00:14:00
  • Cash flow statement
    00:16:00
  • Year end checklist
    00:12:00
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Learnment Academy

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