Introduction to Balance Sheets
ID: 454 | Video: High | Audio: High | Animation: None
Equivalent to FETAC: Level 5 | Equivalent to QCF (UK): Level 3
Learn more about balance sheets and how they are used.
The balance sheet is a basic accounting concept used to calculate how much cash, assets and liabilities are in our accounts at the end of the day. Knowing how to work through a basic balance sheet is an essential skill that everybody should know how to do and balance sheets are an excellent way to put your personal finances into perspective on paper. In this free online course the basics of balance sheets are discussed with particular regards to the case study of buying a house versus renting a house, and topics such as assets, liabilities, equity and marking to market are reviewed. This free online course will be of interest to the average lay person wishing to learn about balance sheets and how they can use balance sheets to organise their finances when deciding to invest in property or take out a loan for whatever reason.
Modules in Introduction to Balance Sheets
Learning outcomes: - Understanding the basic accounting concept of balance sheets; - Examine personal finances using balance sheets; - Learn the pros and cons of personal debt when considering a loan; - Overall clearer idea of how one would approach using balance sheets.
Tasneem Rajaa - Egypt
2013-03-27 20:03:54
The video was very interesting and I can clearly understand it .
Ako Lawrence - Papua New Guinea
2012-12-19 04:12:24
Course Module: Module 1: Introduction to Balance Sheets
Course Topic: Introduction to Balance sheets
Comment: clear and understanding
Denisha Mintah - United Kingdom
2012-11-03 02:11:51
Course Module: Module 1: Introduction to Balance Sheets
Course Topic: Introduction to Balance sheets
Comment: i think it was quite helpful but difficult to follow due to the layout, also i didn't quite understand equity, i tried researching the definition however i am only 12 and found the language terms a bit advanced, if anyone can recommend anywhere i can get easier definitions then thank you xx
Siobhan Groenewald - South Africa
2012-10-14 08:10:28
Course Module: Module 1: Introduction to Balance Sheets
Course Topic: More on balance sheets and equity
Comment: impossible to read what he has written. still nice to learn. thank goodness for the audio file :P
Shiv Shankar - India
2012-10-11 11:10:02
Course Module: Module 1: Introduction to Balance Sheets
Course Topic: Renting vs. Buying (detailed analysis)
Comment: after buying increase or decrease value of property owned