On completion of this video you should be able to understand the first step in an accounting cycle. Once you master this concept of breaking down any transaction in the taught format, the rest of the accounting cycle will become simpler.
Who will benefit?
· Current student taking a fundamental accounting course in Australia.
· Manager/Senior Manager enrolled in MBA (Executive) program and need some help understanding the basic principle of transaction analysis in an accounting cycle.
· Business owners from non-accounting background willing to know a bit more about what goes behind those MYOB/Quick Books software?