301Course · Practitioner
Accounting
The language of business.
Accounting is the language of business — the mechanism by which the firm measures itself. This course teaches it as a working literacy: accrual vs. cash, the three statements and how they connect, the mechanics of double entry, and the judgment layer where honest people disagree.
You will finish able to read a public 10-K or a small-business P&L with equal ease, and to post twenty transactions by hand.
- 01
Distinguish accrual from cash.
- 02
Post double-entry transactions.
- 03
Read a public 10-K.
Prerequisites
- — None.
Pacing
2 weeks · ~8 hours plus the Lab.
- IModule
Foundations
Definitions before mechanics.
- IIModule
The mechanics
The double-entry system.
- IIIModule
Judgment
Where honest people disagree.
- IVModule
Practice
Reading real books.
A Note from the Faculty
An operator who cannot read their own books is being run by them.