Profile cover photo
Profile photo
Macs Finance
3 followers -
Educate and explore finance and accounting with a finance insider.
Educate and explore finance and accounting with a finance insider.

3 followers
About
Macs Finance's posts

Post has attachment

Post has attachment

Post has attachment

Post has attachment

Post has attachment

Post has attachment
Hi,

This is a Promotional video for my new course on working capital released on UDEMY that I have been working on.

Working Capital is a crucial and often overlooked part of any business. It holds key areas where a lot of resources are invested.

Therefore effective working capital management is key. The course is a quick one hour guide to give you a heads up on the working capital equation and this working capital management.

P.S If you are interested in taking the course, use Coupon code UDEMY02 it will give you a 90% discount off the normal price.

Post has attachment
Finance for Beginners & Non Finance Managers. Enrol for training at https://www.macsfinance.com
----------------------------------------------------------------------------------------------------------

Accounting Equation basics shows us a unique equation in Accounting. Extremely short and unique. Yet it's simplicity is its beauty.

These basic accounting equation basics are at the heart of learning accounting. For non finance managers in business or students learning the subject.

An understanding of the accounting principles intrinsic to how it moves provides a better insight that any amount of debits or credits.

Accounting Equation Basics Formula

The equation formula is:

Assets - Liabilities = Owner's Equity

That's it . Nothing more complicated.

Yet it contains there core accounting terms .

1) The assets in the business
2) The liabilities in the business
3) The Owner's Equity in the business

This equation offers us guidance at many different levels :

1) the basics of double entry book-keeping system
2) clues to how a pro forma balance sheet if formed
3) an insight to the foundations of the income statement
4) an understanding on how money flows in and out of the business

As you can see it can help us a great deal. So in order to lay the foundation for the subject of accounting it is a great place to start.

----------------------------------------------------------------------------------------------------------
Develop your online finance education. Enrol for Finance Training at Macs Academy, courses for you at our online finance and accounting school:

https://www.macsfinance.com


Follow Macs Finance at:

https://www.facebook.com/macsfinancecom
https://twitter.com/macsfinance
https://www.google.com/+Macsfinance
https://www.pinterest.com/macsfinance/
http://www.youtube.com/Macsfinance

Post has attachment
In this tutorial we develop the basic accounting equation. We look at how owners equity moves in 4 ways.

We look at transactions in a new business, that has been set up by Sporty Mac.

We put these into the basic accounting equation and watch what happens

This start shows basic accounting principles at work. They provide a foundation for learning accounting basics.

Eventually they lead us into the income statement format and balance sheet format.


----------------------------------------------------------------------------------------------------------
Develop your online finance education. Enrol for Finance Training at Macs Academy, courses for you at our online finance and accounting school:

https://www.macsfinance.com


Follow Macs Finance at:

https://www.facebook.com/macsfinancecom
https://twitter.com/macsfinance
https://www.google.com/+Macsfinance
https://www.pinterest.com/macsfinance/
http://www.youtube.com/Macsfinance

Post has attachment

Post has attachment
In this tutorial we develop the basic accounting equation.

In this tutorial we look at the initial few transactions in a new business. Set up by Sporty Mac, we take his first few transactions.

We put these into the basic accounting equation and watch what happens

This start shows basic accounting principles at work. They provide a foundation for learning accounting basics.

Eventually they lead us into the income statement format and balance sheet format.


----------------------------------------------------------------------------------------------------------
Develop your online finance education. Enrol for Finance Training at Macs Academy, online finance courses for you at our online finance and accounting school:

https://www.macsfinance.com


Follow Macs Finance at:

https://www.facebook.com/macsfinancecom
https://twitter.com/macsfinance
https://www.google.com/+Macsfinance
https://www.pinterest.com/macsfinance/
http://www.youtube.com/Macsfinance
Wait while more posts are being loaded