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Introduction to Balance Sheets Course


Introduction to Balance Sheets
Introduction to Balance Sheets

Learn more about balance sheets and how they are used.


Join 4,978 other students.

Course Description

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.

Certification

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.

Learning Outcomes

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.


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Course Rating (By Learners): 4 stars based on 42 reviews
Course Title: Introduction to Balance Sheets
Course #: 454
Course Publisher: Khan Academy
Course Category: 9
Content Origin:
Course Description: 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.
License: This course is available from Khan Academy OpenCourseWare through the following Creative Commons licence:
Creative Commons License
Release Date: 12 July 2012
Content  
Course Duration (Avg Learner): 1-2 Hours
Video/Audio: High
Audio Only: High
Animation: None
Assessments: Yes
Education Level
Age appropriateness: 18+ Years
Minimum Grade/Class Level: Post-Secondary
Validation: Level 5
ALISON Testing: Yes
Certification Availability
PDF Download: Yes
Parchment: Yes
Framed Certification: Yes

Study for Free at Your Own Pace! Start This Course

  • DELEANOR TEAGE
    DELEANOR TEAGE United States of America The course was very helpful to me and now I know more about balancing a work sheet. 2015-08-25 19:08:16
  • Jodi Freshwater
    Jodi Freshwater South Africa Very interesting 2015-08-08 21:08:54
  • Paula Therriault
    Paula Therriault United States of America Very helpful and easy to follow 2015-06-06 20:06:17
  • Suharda Silva
    Suharda Silva Sri Lanka Grate I learned a lot about renting a house and buying one and much more. 2015-05-15 10:05:09
  • Phillip Daniel
    Phillip Daniel United States of America A very interesting course. It's not exactly what I expected, but I still learned a lot from it. I will probably watch the videos again. 2015-02-26 16:02:44
  • Patrick Reforsado
    Patrick Reforsado United States of America Great presentation layout. 2015-02-25 04:02:26
  • Lynn Rattenberry
    Lynn Rattenberry United Kingdom This course is very interesting and easy to understand 2014-10-23 16:10:23
  • Noel Stennett
    Noel Stennett Jamaica Very useful. 2014-09-02 01:09:58
  • mahenthirarasa krishnakumar
    mahenthirarasa krishnakumar Sri Lanka is easy 2014-08-26 04:08:20
  • Melissa Allen-jackson
    Melissa Allen-jackson United States of America Nice clear & concise course 2014-08-12 00:08:13
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Study for Free at Your Own Pace! Start This Course

Free, Online Introduction to Balance Sheets Course.