Learning path · foundational

Accounting Fundamentals

Understand the basic language businesses use to keep track of what they have, what they owe, what they earn, and what they spend.

Starting level: Beginner
Session length: About 10–15 minutes
Milestone: Explain the basic accounting equation and distinguish assets, liabilities, equity, revenue, and expenses in everyday examples.

Unit 1 · The basic picture

Coming next

1. The accounting equation
2. Revenue and expenses
3. Unit checkpoint

After the checkpoint, the path will move into transactions, accounts, and the basic financial statements.