Short Course
The Accounting Equation and Elements of Financial Statements
This course introduces you to the foundational principles of accounting, focusing on understanding the Accounting Equation and its role in financial statements. Participants will explore the core elements of financial statements, learn how transactions impact the accounting equation, and gain insight into the double-entry accounting system.
Video-led
100% Online
Self-Paced
2 - 3 Hours
Course Price
R250
This course includes:
- Engaging video lessons
- In-Lesson Tasks
- Resources Material
- Assessments
- Certificate of Completion
- Secure Checkout
Learning Outcomes
Learning Outcomes:
By the end of this course, you should be able to:
- Identify and explain the elements of financial statements (assets, liabilities, equity, revenue, and expenses).
- Define the accounting equation and illustrate how it forms the basis of all financial accounting.
- Demonstrate the effect of financial transactions on the accounting equation using real-world examples.
- Apply the principles of double-entry accounting to record transactions accurately in ledger accounts.
- Analyse the relationship between the accounting equation and financial statements, ensuring the equation remains balanced.
Your learning journey
Simple, clear and learner-friendly
1
Enrol Online
Pay securely and get access immediately.
2
Watch Lessons
Complete short interactive video lessons.
3
Complete Activities
Apply skills through practical learning activities.
4
Earn Certificate
Receive your certificate after successful completion.
Certificate of Completion
At LearnHUB, we believe in recognising your achievements every step of the way.
That’s why you will achieve a certificate for every course that you successfully complete.
Frequently Asked Questions
Answers before learners enrol
Is this course suitable for beginners?
Yes, no prior experience is required.
Will I receive a certificate?
Yes, after successful completion.
How long does it take?
The course is designed to take approximately 2 to 3 hours.
Can I access the course using my phone?
Yes, the design is responsive and mobile-friendly.
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