Taught by a two time former Controller and noted accounting professor at Cal Poly San Luis Obispo, this course begins as review for accounting and finance professionals who need to sharpen their fundamental understanding of core accounting concepts and how they translate into the accounting and financial concepts used to run companies.

The course then dives deeper into accounting topics like transaction analysis, financial statements, the accounting equation, reconciliations, accounts receivable, depreciation, inventory accounting, and the adjusting and closing processes. Consider this an entire accounting education neatly summed up in one course.

Learning Objectives
  • Define the accounting terms debit and credit and record business transactions into an accounting ledger represented by t-accounts using debits and credits
  • Identify how a trial balance and the accounting equation provide a framework for companies to prepare financial statements and the classification of accounts and recognize how they are impacted by debits and credits
  • Discover how to implement t-accounts and ledgers to perform transaction analysis and how to use journal entries to record transactions, recognize how to perform transaction analysis using journal entries, and identify the steps of the accounting cycle
  • Demonstrate what each financial statement does and how they are utilized by companies both large and small.
  • Measure your company’s performance through the use of financial statements.
  • Sharpen your understanding of how financial statements work together.
  • Identify the elements of the primary accounting equation, including defining assets, liabilities and shareholders equity and recognize various transactions and their impact on the accounting equation
  • Discover how to prepare 3 of the 4 primary financial statements (income statement, statement of retained earnings, balance sheet)
  • Discover Internal Controls and their objectives
  • Recognize how to prepare a bank reconciliation and prepare adjusting entries from a bank reconciliation
  • Define key terms regarding receivables and bad debts and the sequence of events related to the three primary journal entries related to accounting for bad debts
  • Recognize the impact of accounting for bad debts on the related accounts
  • Discover how to calculate values used in the Allowance Method of accounting for bad debts, how to calculate simple interest on notes receivable
  • Identify the characteristics of property, plant and equipment, how to calculate and record straight-line depreciation, units of activity depreciation, and declining balance depreciation, and how to calculate and record the sale of equipment, as well as basic concepts associated with inventory costing
  • Recognize how to perform calculations on a sequence of inventory purchases and sales under the FIFO system, the LIFO system, and the Average Cost system
  • Discover core concepts related to inventory for a merchandising business
  • Recognize how to perform transactions for the sales of inventory cycle, the purchase of inventory cycle, and other transactions associated with inventory such as sales tax and physical inventory counts
  • Discover the adjusting process and its place in the accounting cycle
  • Recognize the proper accounting treatment for prepayments made, prepayments received, expenses accrued prior to payment, and revenue earned prior to payment
  • Discover the reason to perform closing journal entries and identify how they fit in the accounting cycle
  • Recognize how to prepare the four closing journal entries
  • Identify the closing entries and discover how they compare to the statement of retained earnings
Last updated/reviewed: March 5, 2024
427 Reviews (1638 ratings)

Reviews

3
Anonymous Author
The attached documentation is hard to follow and review. The questions are worded funny so you have to reread to understand the problems. Long course but worth the cpe.

2
Anonymous Author
Several of the exam questions have errors. It either seems like they were not proof-read, or they were written by AI. Some examples: Question 9: There is no "left side". The question would need to identify a document that we are looking at. While it is true that in the balance sheet, trial balance, and traditionally (but not always depending on the software) in journal entries, debits appear on the left and credits on the right, but in income statements, statements of stock-holder equity, JEs in some software, and arguably (but definitely a stretch to argue), the inverse could be true. 13: Supplies could be recorded as both an asset or an expense. B is more correct, but many companies expense supplies as purchased due to materiality Question 26: all of these per bank or per book questions are worded strangely. For this one, the wording makes it unclear if the student is intended to describe the interest added on the bank statement, or the JE that adjusted the books to match the bank. The Bank Rec would show both items before reconciling, and items that required reconciliation, so both would be present here. Question 30: while C and D are both wrong, they are also both the same answer. They both say "requires a correcting entry for the period in which the account was written off." Questions 31-33 are missing comma separators. 50: Should say "gross sales" or "Net Sales"/"sales Net of Returns". Im assuming by omiting the descriptor, you are referring to Gross sales, but the exam should test my knowledge, not my assumptions 54: NO answer is correct. Answer B is the total amount paid if the discount is applied to freight. However since freight is a pass through cost, sales discounts are not applied to freight. Answer A Removes the freight, then calculates the discount to sales. This would be the correct answer if the terms were FOB Destination, or if the question asked for "the total amount paid by the buyer to the vendor. However, since the terms are FOB Shipping, we would have to add back in the freight cost. Answer C ignores any discount even though the invoice was paid during the discount period. Answer D is the same as answer C, but also omits the shipping costs. Since the terms are FOB Shipping, and the question specifically asks for amount paid by the buyer and not received by the seller, freight costs must be included. They want you to select A, but since terms are FOB Shipping and it asks for amount paid by the buyer, not amount received by seller, you would need to add back the freight.

5
Anonymous Author
This was a very helpful review of the material usually covered in a first year accounting course. The instructor explains concepts clearly and in a way that is compelling. Most of the classes use worksheets instead of PowerPoint slides, which is a welcome change. The worksheets are designed so you can follow and work alongside the instructor. The "homework" exercises are very helpful in grasping the material and are accompanied by answer keys to check your work. The organization of the classes within the course can be a little confusing. It appears to be assembled from previous courses (for Udemy, for example), and the instructor will sometimes refer to a topic as something we already covered when it is later in the course the way Illumeo has it organized. This isn't much of an issue, but it took a minute to figure out what was going on. Overall, you really couldn't ask for a better course on these topics. It's concise, thorough and there's plenty of supporting materials (worksheets and exercises).

4
Member's Profile
Some of the questions are improperly written and need to be reviewed. Specifically, the insinuation that any accounting event happens when transactions are invoiced (there is not accounting transaction upon sending or receiving an invoice; the event is only when services are rendered). A few other nits as well. Overall point - clean up the questions so that they pass muster for a public company accounting environment and not a small, private company Quick Books environment. Best for students to learn the right way rather than convenient short-cuts that they won't encounter in a real world SOX environment.

5
Anonymous Author
Some of the questions are improperly written and need to be reviewed. Specifically, the insinuation that any accounting event happens when transactions are invoiced (there is not accounting transaction upon sending or receiving an invoice; the event is only when services are rendered). A few other nits as well. Overall point - clean up the questions so that they pass muster for a public company accounting environment and not a small, private company Quick Books environment. Best for students to learn the right way rather than convenient short-cuts that they won't encounter in a real world SOX environment.

3
Member's Profile
Very comprehensive for a back to basics course. This sort of longer course has it's inherit drawbacks. You will want to take notes on this one as key concepts will be tested and having to go back an review is difficult without a better fast forward button or nice reference slides. The supporting material needs to be improved for this course as it would complement the course nicely and be more useful for those of us having to do this in stages (we forget a few things). Overall a must see and one of the best on Illumeo.

5
Member's Profile
It is easy to forget how much we need to retain to be effective accountants and CPA's. This course was a great refresher to lay out the steps and procedures so often taken for granted, performed by software, or performed by someone else. Things like certain depreciation methods, inventory costing methods, and the close cycle are all familiar but not always used, and there is value in re-visiting these topics so they don't become too rusty. I think this course is valuable both to fresh and seasoned CPAs.

5
Member's Profile
After this course, Whether I'm a sole proprietor looking to manage your business finances or you simply want to gain an understanding of accounting basics for career advancement or for personal use, the courses in this bundle will give you a solid foundation in financial matters. If you're interested in increasing your financial awareness while also gaining a marketable skill, this series of courses is perfect for you.

4
Anonymous Author
Back to the Basics: Accounting Fundamentals Course Series is a comprehensive introduction to accounting principles. With clear explanations and practical examples, it covers essential topics like financial statements, debits and credits, and basic bookkeeping. Ideal for beginners or those seeking to refresh their knowledge, this series lays a solid foundation for understanding the language of business.

5
Anonymous Author
This course provided a comprehensive, deep-dive into the fundamentals of accounting. While much of the content served as a general refresher, there were several, less-familiar concepts that proved to be challenging. Nonetheless, the instructor presented content in an engaging way, The supporting materials were helpful; however, navigating through the various modules seemed a bit overwhelming at times.

5
Anonymous Author
Good review and overview of basic accounting concepts. The instructor was clear and thorough. There were, however a few answers on the test that I believe have the wrong answer and do not tie to the answers given in the class materials as I reviewed the materials again after reviewing my test results. Since the final exam results don't have question numbers I can't refer you to the specific questions.

5
Anonymous Author
This course is a lot of information. But it accomplishes what it sets out do. You get a review of the fundamentals of basic accounting. It provides some great insight into how the whole accounting process works. It does require you to think through problems but the math is easy and problems are basic. It is a lot of information so, be prepared to spend some time getting through everything.

5
Member's Profile
excellent refresher for everyone especially those that teach college level classes, manage accounting departments, train peers and subordinates or anyone in the profession so they can speak to clients, peers, teams about the financial statement process and help them understand the process an resulting statements!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

4
Anonymous Author
I liked the pace and that there was supplemental workbook activities. I did not like that for the workbook there was not a explanation for how an answer was reached- don't just give me the answer but tell me why and how to get there. Also more information is needed on questions about how different accounts are affected if information is omitted/changed (under/overstated NI and RE etc)

5
Anonymous Author
Found this to be a great refresh on financial accounting activities, especially for activities you don't perform on a regular basis or fall outside of our your role. As some others have mentioned, there is some repetition in the earlier sections. Supplemental materials provide an additional opportunity for practice. Wish I had this instructor when I first took accounting courses.

4
Member's Profile
This was exactly what it claims to be: a back to the basics course for accounting fundamentals. The supporting materials were broken up into too many different files. It would have been nice to have it one pdf instead of so many different ones. There was at least one question on the final exam that did not have the correct answer listed as a choice on the multiple choice exam.

5
Anonymous Author
"Back to the Basics: Accounting Fundamentals Course Series" is a well-prepared and valuable resource for anyone looking to understand the essentials of accounting. Whether you're a student, a professional accountant, or simply someone interested in the financial course, this course provides a solid foundation and to navigate the complexities of accounting. Highly recommended!

4
Member's Profile
Great introductory class and refresher. It was easy to listen to and had some great examples. Some of the final exam questions should be reviewed: -One had a duplicate answer -I have a hard time believing straight line isn't used the most for depreciation expense calculations -Supplies are very rarely an asset usually classified as an expense

5
Anonymous Author
This course helped me to recall the knowledge of basic accounting. The professor is great to organize the information about the accounting cycle. The examples during the course gave me a better understanding of the concept we were talking about. The note templates and workbooks are really helpful for me to review the class and find out my weakness.

5
Member's Profile
Mr. Erik Slayter does a great job of explaining basic accounting. The pace of the course (as Mr. Slayter hand writes out the solutions) is perfect for allowing you to keep up, take notes, and comprehend the material. This was one of the best courses I've taken on this site. The course served as a great refresher to my university accounting studies.

5
Anonymous Author
Was a great course, I would highly recommend. Serves as a great re-fresher. A lot of things that might be known but plenty to re-new and ensure a solid foundation. Would recommend - thank you! Please consider taking. Great job! I think I like the questions on journal entries the most. It is a great way to refresh the simple accounting entries.

1
Anonymous Author
I don't think it's wise to tell students that they can skip writing memos. It's necessary in the real world in simple and complex companies. Also, gross margin is a percentage, gross profit is the term that should be used when trying to teach people. I'm a little frustrated with some of the details but overall it was a good refresher course.

5
Member's Profile
Erik Slayter is an excellent instructor. I seek out his courses even though the topics themselves may not be the ones in which i am most interested, simply because I am guaranteed to learn something or see something in a different light. this was a review course for me, but I really saw some important concepts from a new perspective.

5
Member's Profile
This course was a great refresher for someone who had been away from the basics for a couple of years. Explanations & materials were clear & straightforward, with an appropriate amount of time spent in each area. I would recommend this for newer accountants or those who have been away from the detailed level books for awhile.

5
Member's Profile
Thank you for a great course. I had to pay attention as there were some areas that could be tricky. I liked his step-by-step approach. It was easier to follow than some courses I have seen. Overall, I give this course an "A". It was slow in some stops when I thought I knew the material - but that was a good review for me.

4
Member's Profile
Professor Slayter is a great instructor for this course. He was thorough and diligent in his explanations. Students interested in learning basic accounting should definitely take this course. The chapters kind of jumped around a little which was didn't make sense from a chronological perspective. Everything else was great!

5
Member's Profile
This is a very good course on accounting. This course was more complicated than I expected, and took me much longer than 12 hours to complete. Notes should be taken while watching this course. I do appreciate the opportunity to learn these concepts, and I plan to utilize this course for future references.

5
Anonymous Author
We all have weak topics....TAKE NOTES on the topics you know are your weakest. You cannot guess at the answers on this exam and expect to pass; you have to know the material. With that being said, the instructor is clear and thorough. Pay attention, and you will pass. This is a GREAT refresher course!!!!

5
Anonymous Author
excellent basic review of accounting that goes back to basics of financial records and statements. it also gives overview of financial statements preparation and the steps required to prepare the balance sheet, equity and income statement. i highly recommend this course as a refresher.

5
Member's Profile
I have had 1 year or equivalent of two semesters full of Accounting courses but graduated in Computer Science instead. I have always been interested in Accounting and wanted to refresh my knowledge by taking this course. This is one of the best courses I have taken so far. Thank you

4
Anonymous Author
A good introduction to accounting but focuses a lot of attention on areas that may not have relevance in (most?) RL accounting roles. For example, as most Companies are now maintaining accounting records electronically, the amount of emphasis on the Closing Process seems unnecessary.

5
Anonymous Author
I was really pleased with this course and instructor Slayter. I've been away from accounting for quite a while now, and I felt this refresher was beneficial to remembering/relearning the basics of financial accounting. The videos were clear and the supporting materials were engaging.

5
Anonymous Author
great course, liked it a lot except that there was at least one final exam question where the correct answer was not an option. Please fix that in the course as soon as possible. this course is for beginners in accounting or anyone who needs a refresher on basic accounting topics.

3
Anonymous Author
A handful of the methods outlined in this training are dated and do not represent present day guidance. Specifically the allowance for doubtful accounts methods have been replace by CECL and double declining depreciation is not actually used in practice. Course could use a refresh.

4
The course was a very good accounting refresher and would also server as a great introduction to accounting. I did not like the 64 question exam at the end only because it took so long and being on-line I was afraid I might lose my work (the questions were fair and well written).

4
Anonymous Author
The information in this course was a good overview of basic accounting. The only reason I didn't give it five stars was because the format of the presentation made it difficult to go back and find topics that needed repeating and it felt like it jumped around between topics.

5
Member's Profile
I believe there are two Final Exam questions that should be reviewed/adjusted: #30 (duplicate answers), #54 (similar to workbook F.I.T.B. 5 but with different result). Thank you for the insightful journey. Greatly enjoyed the presentation format and the instructors style

5
Anonymous Author
Great review of accounting basics. I liked the calculations on the exam, reminded me of being in school when all of the needed info was neatly provided:) Like a couple others said, some of the practice questions weren't worded clearly, and maybe 1-2 of the exam questions.

5
Member's Profile
This was in depth accounting course to view. Some of the videos were redundant, but it reiterated the information. It was be helpful for the course material to reflect which video it was referring to. Overall, great refresher course for accounting principals.

5
Anonymous Author
Overall a very comprehensive and thorough refresher on the most essential fundamentals of accounting. This combined all of my accounting 101/102 lessons into a comprehensive training. Greatly appreciate this course and made me feel like I was back in college.

4
Anonymous Author
Thanks very much for Mr.Erik' great courses,which are very helpful to me to refresh my knowledge about the accounting, and help me to improve my work efficiency and co-work relationship.I will go over the content from time to time to keep the course in mind.

5
Anonymous Author
This was a great refresher course. Also, as someone who trains/manages accountants newer in their career, it was great to go back to the basics and remember how it's being taught in school so that I can use the common language/methods to explain processes.

4
Anonymous Author
Great refresher course and a nice way to get a lot of CPE at once. There were a few confusing final exam questions - one about FOB shipping point and a few others that used the term supplies and supplies expense. Other than that, I really like the course.

5
Anonymous Author
Great refresher for financial accounting basics. Actually made me realize that my org should probably be recording a couple entries differently going forward. Loved the interactive worksheets instead of just slides. Definitely helpful and worth the time!

5
Member's Profile
The is a very informative course. The way in which the concepts are presented is helpful and it is easy to understand. The instructor was engaging and was able to keep this interesting. This course could be useful across many levels of an organization.

5
Anonymous Author
Good review of basic accounting principals. I needed the refresher on bank reconciliations and depreciation methods as I rely on software to do this for me now. It was also helpful to review the accounting closing entries and other basic principals.

3
Member's Profile
This course was ok although I think some of the "correct" answers on the final exam were actually WRONG.. And also.. that Closing Entry section.. is kind of obsolete.. with accounting software today.. you never really have to post "Closing Entries".

5
Member's Profile
A great course and definitely loved the very beginning. I'm not an accountant and struggled with some of the content like bad debt and write-offs. It made sense in theory but was tough for me to get when put in question form. Great course overall!

5
Member's Profile
Awesome summary of accounting fundamentals, delivered in a great amount of detail but not too convoluted to be able to consume. Review questions were so helpful and the exam questions were tough but fair to ensure comprehension of the material.

4
Anonymous Author
Overall- this was great, with a lot of great examples. There was some conflicting information between the examples, especially regarding shipping terms and related accounting. In one instance, the correct answer didn't appear in the final exam.

5
Anonymous Author
This course provides an great overview of introductory accounting topics. The main baseline is the concept of debit and credits and the effect they have on the accounting equation which this course thoroughly explains with various examples.

5
Anonymous Author
Great supplementary information through the pdf. The Review questions were incredibly helpful in preparing for the quiz and for understanding the discussed material. Really well organized format. Good length and summary of the detail.

5
Anonymous Author
Erik Slayter seems very knowledgeable on the topic. The exam questions are worded a little bit strange. The worksheets provided with the course that were located in the zip file were nice to have while following along with the slides.

4
Member's Profile
The instructor was very clear and easy to understand. I thought his method of using an income summary was interesting and something I had not heard of before. Sometimes I had sound issues when it was hard to hear the instructor.

4
Member's Profile
I very much appreciated the way the instructor started each section by explaining the overall concepts before diving into the details, and the way he repeatedly explained how the details in each example demonstrated those concepts.

5
Anonymous Author
Excellent course for helping refresh what most of us learned in Intermediate Accounting. Content is good and well delivered. My only complaint is the sound quality isn't great in a couple of the modules and should be redone.

5
Member's Profile
This course was a great refresher for me! I was happy to see how much information I remembered from my college courses, even though I don't use this in my daily work. Thank you for making it easy to follow and understand!

4
Member's Profile
Good refresher course for accountants who have been in the work force for a long time. Mr. Slayter is a very good instructor and explains accounting principles clearly. He uses good examples to reinforce the material.

5
Member's Profile
Erik, Thank you so much for this review class. It was amazing how you can keep the interest of the student (me) for all these hours and topics. The final exam was fair and I am very pleased. Thank you again. Larry

5
Anonymous Author
Good review of accounting concepts and methods. It was also refreshing to have a review of the actual entries necessary, with the automation of software it is good to see the actual steps in the accounting process.

4
Member's Profile
Course was good and provided an excellent refresher for me. I was surprised at the final exam as it really challenged me to work out the answers...I was expecting to blaze through the exam but it was not that easy.

5
Member's Profile
This is a great refresher course. It hits all the important areas of basic accounting and financial statements. The exam questions were thorough, although I felt there were too many questions focused on inventory.

4
Anonymous Author
Instructor provided presentations relevant to skills needed to pass the exam. He gave great examples and demonstrated how to calculate the problems in an organized and clear manner. I appreciated his lectures.

4
Anonymous Author
The course was very informative and was explained and presented very clearly. The instructor gave great insights and tips that will be useful in the professional world. I would recommend this course to others.

5
Anonymous Author
I love the T accounts and way the structure of the instruction. It would be helpful to have some of the scenarios, methods of inventory costing, etc in a hand out to reference but otherwise great for basics.

3
Anonymous Author
I did not like the way the test questions were written. Often times I would have to re-read the questions to understand what was being asked of me. Very detailed overview of all things related to accounting.

4
Anonymous Author
Good overall review, but maybe a little too theoretical in that it focused on things like FBO and trade discounts and other things that in my experience don't come up much in the real world. But good overall

4
Anonymous Author
I thought the course did a good review. Some parts were repetitive. The exam questions were not always worded in an understandable way. I thought the instructor was a good teacher and explained things well.

5
Anonymous Author
If I had Erik Slayter as my accounting professor in college, perhaps I would have chosen accounting as my major! He simplifies difficult accounting concepts so well! I definitely recommend this course!

5
Anonymous Author
analyze and record transactions, post transactions to the ledger, prepare a trial balance, preparefinancial statements, journalize closing entries, analyze adjustment data and prepare adjustingentries

5
Member's Profile
Great refresher accounting course. In depth materials that covers basic accounting concepts in order to start understanding the basics of accounting organisation and managing financial statements

4
Member's Profile
I liked the examples that were given and the content was good. there were many topics that are good for the beginner in the accounting field and a good refresher for those with experience.

4
Anonymous Author
Excellent accounting review course. The 64 question final exam was a little daunting though. I appreciate how Erik Slayter explains the fundamentals in ways that are easy to remember.

5
Anonymous Author
Fantastic and help course. I work in banking now and have decided to maintain my CPA because of how hard it was to obtain. This course was very helpful for remembering some of the basics.

4
Anonymous Author
Learned a lot through this course. It was very thorough and detailed. I would have loved the sound to be better because at times it was too faint. Other than that I loved this course.

5
Anonymous Author
Good mix of technical and conceptual coverage for basic accounting. I appreciated that the even challenge of math based questions that really tested your understanding of the concepts.

5
Anonymous Author
Professor Slayter - Great accounting foundational overview course. Though long, I truly enjoyed going through this course. This a true test of one's knowledge of accounting. Thank you!

4
Member's Profile
This course was the most extensive course I have taken online. It was not as difficult as I had anticipated. It was a good refresher for accounting basics. I loved all the examples.

4
Anonymous Author
This course definitely help refresh some of the basic accounting concepts. this course would definitely be beneficial to someone that has been out of the accounting world for a while

4
Member's Profile
Overall the course is good explaining all the things in details and systematically. However i observed that the voice/volume is very low in many places making it difficult to listen.

5
Member's Profile
Great review and very comprehensive. I didn't realize how much I had forgotten about Retained Earnings. The reveiw was good. I liked working the examples throughout the course.

5
Anonymous Author
Very good course that covered the Basics of Accounting Fundamentals, although not all of this is relevant to me and what I do in an accounting system this is still good for starters

5
Anonymous Author
I enjoyed reviewing the basics. The method and speed of explanation was great. I loved being able to do start and stop at my leisure. It allowed me to view and complete at work.

5
Anonymous Author
This was a great review of accounting basics. It is good to review the fundamentals as well as to work basic processes in order. I thought the test was a little long and detailed.

5
Anonymous Author
This is a very thorough course. It took a long time to go through, but it was a great refresher on topics I don't see too often. It got me excited about accounting classes again!

4
Member's Profile
The flow of some of the material didn't make sense. But it was still a great class. Erik made it easy to understand. It is a great refresher after being out of collage for a while.

4
Anonymous Author
I liked the content. It was a great refresher. Sometimes the audio had background noise and the screen shots would be helpful not to have the instructor jump around on the page.

5
Member's Profile
This was a great course that served as a refresher of accounting 101. I loved being able to answer the questions and reliving my college days. Thanks so much for the great course!

5
Anonymous Author
Really informative course. Obviously very broad in content, but does a nice job of balancing high level concepts and detailed info to keep you engaged throughout. Very beneficial.

4
Anonymous Author
Good, clear instruction for new students or those who were never very familiar with the materials. A bit slow-paced at times for those who just want a refresher on the basics.

5
Anonymous Author
It would be helpful to have a guide or accompanying powerpoint (not just the workbooks/tests) to go along with the materials (to take notes on for use before the final exam)

3
Member's Profile
This reminded me of the first two accounting classes I took in college and the first semester of Intermediate accounting. A little too basic, but a lot of material covered.

5
Anonymous Author
I thought the instructor did a good job teaching the concepts. By breaking it down from the beginning to the end. I think overall he did a great job teaching this subject.

5
Anonymous Author
This class was great. I liked all of the great videos and all of the supporting materials. Most classes don't include supporting materials, so that was a nice surpirse.

5
Member's Profile
This is a full and thorough course on accounting basics. I recommend it to all who want to either brush up on their knowledge or get an understanding of basic concepts.

5
Member's Profile
I liked the overall content and the manner in which it is presented. What surprised me was how much depth was covered and this course helped me to refresh my knowledge.

4
Anonymous Author
A very good review of the basics. Most of the review and test questions were relevant. The course was somewhat lengthy and could benefit by eliminating redundancies.

5
Anonymous Author
This is a good overall overview of basic accounting principles. Some of the exam questions were a bit lengthy to calculate, but they cover most of the basic principles.

5
Member's Profile
This is a very thorough course and provides great insight on the fundamentals of accounting and principles. I recommended to anyone regardless of level of experience.

5
Anonymous Author
Good basic refresher to take. I recommend to anyone who wants to learn the basic accounting concepts, especially if you need CPE credits to renew your CPA license.

2
Member's Profile
Support materials are severely lacking, and for such a long course, it's nearly impossible to go back to a specific section afterwards due to it's poor organization.

5
Member's Profile
I loved that it was comprehensive. I found several questions that I can utilize in my classes. Anyone teaching financial accounting would benefit from this course.

5
Member's Profile
I liked getting back to the basics. Getting to review the basics helps ground yourself when trying to solve much more complex problems that you face in accounting.

5
Anonymous Author
This is a very strong course on accounting. It is long and the test is arduous but fair. The instructor is effective and this is well worth the time and effort.

5
Member's Profile
This course was a good introduction to accounting principles. It would be great for an entry level accounting clerk to take before taking on GL responsibilities.

5
Anonymous Author
Some of the practice quiz questions seemed a little off (i.e. one of the options stated "incorrect, you must have...") but it didn't deter from the course itself.

5
Anonymous Author
Great course to get back to the basics! Well worth putting in the time to re-learn these concepts - don't just gloss through them. Very informative and thorough!

5
Member's Profile
Really conprehensive and straight forward. Great for people who are trying refresh there knowlegde on accounting. Its very easy to pick back up with this course

5
Other courses address some of the same ingredients, but this course ties it all together into a cohesive whole better than other accounting courses I have seen.

4
Member's Profile
The course was very thorough. I took this as a refresher so it was a bit slow for me, but I can see how it would be helpful to someone who was out of practice.

5
Anonymous Author
This gives a great overall knowledge of accounting fundamentals. Helps provide examples of terms, policies and procedures as well as mathematical calculations.

5
Anonymous Author
Great course!!! The instructor has put in great efforts to cover the course in a very orderly way. He is thorough with the concepts and is a great teacher.

4
Anonymous Author
This was good course to get an overall basic understanding of accounting. Need to keep in mind some changes in standards when going through - e.g. ASC 842.

3
Member's Profile
Quite long for a video course. Had a few questions on the exam that I could not understand because of how they were written. Overall course quite basic.

4
Anonymous Author
It is a good refresher on accounting basics. It is a large time commitment and the final test is 64 multiple choice questions that include calculations.

4
Anonymous Author
All was good but thought that the Closing Process was more complicated than it needed to be - those processes are irrelevant to anyone using GL software.

4
Member's Profile
This is a great review course overall. There are a few questions on the final exam that I believe need to be reviewed, however, overall this was great.

4
Anonymous Author
The instructor was excellent! However, the time required by the course, especially with such an involved test, was well beyond the 12 hours of credit.

5
Anonymous Author
Perfect review of the basics. The course was structured very well and easy to follow. Sample test was very helpful in preparation for the final exam.

2
Anonymous Author
I thought the exam questions were sometimes incorrect and often overly complex. The material could be tested without requiring so many calculations.

5
Anonymous Author
Great course, very intuitive and able to understand the course content to refresh the memory. Exam was great process. Highly recommend to all levels.

4
Member's Profile
This material is basic accounting principles. Is refreshing and straight forward. It goes back to the first accounting course you take in college.

5
Anonymous Author
I thought this course was a good foundation for newer accounting students. The content was good and was presented in a way that was easy to follow.

4
Member's Profile
I liked the course and delivery a lot but I found some of the exam was not as clear as the course. The materials I got were not of mich substance.

5
Member's Profile
This course is a great review of commonly used accounting concepts. Particularly helpful is the review of depreciation and shipping calculations.

5
Member's Profile
The scope of the exam was useful because it touched on all areas of financial accounting. It would also be beneficial to include payroll entries.

5
Member's Profile
This was a great refresher course on the fundamentals of accounting. I would recommend this course to any of my peers in the accounting industry.

4
Anonymous Author
Good overview and reminders of the basics. Covered a lot of various topics, and jogged my memory of several things I do not deal with regularly.

4
Member's Profile
This is a wonderful refresher course for any accountant or accounting personnel. The course is easy to navigate and easy to follow throughout.

3
Anonymous Author
This would actually be pretty simple for most CPAs. Was a good review of some areas that normally I don't work in such as inventory and sales.

4
Anonymous Author
Good basic review, but after nearly 11 hours of material, a 64-question exam seems a bit overkill. Definitely necessitates the 12 CPE credits.

5
Member's Profile
This course was helpful in refreshing my basic accounting knowledge. I really enjoyed this course, and I think it will help me in the future.

5
Anonymous Author
This is an excellent course for both the beginner seeking to understand and the CPA looking for a good knowledge refresher. Highly recommend.

5
Member's Profile
Some questions on test were very confusing. The amount of calculations required were also extensive. Should work to make questions clearer.

5
Member's Profile
Great refresher course for people with experience. For new accountants, this is great to get a better understanding of accounting concepts.

5
Anonymous Author
A good course for non-degreed accountants working in your department. Will help them understand high-level the basics of journals/entries.

5
Anonymous Author
This was an amazing course and the instructions were done with amazing detail. Very excited about continuing to explore similar courses.

5
Member's Profile
Great overall review of the basics of fundamental accounting. A good refresher for people out of the debits and credits for a long time.

5
Member's Profile
I learned alot. But the quiz was very hard. I think this information will be very useful in my career. Thank you for the opportunity.

5
Member's Profile
Easy to understand. Grading was quick. Good overview of basic accounting including inventory, basic closing of retained earnings, et.

3
Anonymous Author
Presentation of the basics was fine, the exam questions could use some rewording/more detail that apply more to real life situations.

5
Member's Profile
This was a very nice refresher in basics of accounting. Some questions seemed a bit awkwardly written. Nevertheless, a good course.

5
Anonymous Author
great refresher course for all accountants. The course layout is extremely clear and easy to follow for a great learning experience!

5
Anonymous Author
Great content for refresher and will be beneficial for someone who is closely involved inaccounting and financial reporting process.

5
Anonymous Author
This course is a good recap of accounting basics. It doesn't hurt to make sure you still understand the ins and outs of accounting.

2
Anonymous Author
The final exam wasn't very good. Some of the answers had duplicate answers and it made it very confusing as to which one to choose.

5
Member's Profile
This was a great refresher. For a CPA that doesn't spend a lot of time closing the books and posting JEs, this was a great reminder.

5
Member's Profile
Great overview of accounting. Not sure how the closing and adjusting entries apply to the real world, but good to know in any case.

5
Anonymous Author
good course. materials very clear. exam was a bit challenging, but overall the course is a challenging course for non accountants

5
Anonymous Author
this was a great reminder course on the general ledger. i feel very well informed now. Thank you very much for this great course.

5
Anonymous Author
The course was an excellent review of accounting basics, many of which you don't realize you didn't remember! Very good refresher.

5
Anonymous Author
I stepped away from accounting for some time and this course helped review a lot of information clearly. I recommend this course.

5
Member's Profile
This course would be helpful to an individual who is learning accounting for the first time, or as a refresher for professionals.

3
Anonymous Author
Good and thorough course on accounting, it is a very good basic accounting class and was hoping for more technical that was there.

4
Member's Profile
Very good course, graphics need updating, reference material would benefit from the summaries of each chapter. Excellent round-up.

4
Anonymous Author
Pretty straightforward but you have to be a good multiple choice test taker and pay attention to the way the question is worded.

5
Member's Profile
Very good overview of the financial accounting process. Mr. Slayter was well organized and touched on the most significant areas.

4
Member's Profile
Great perspective on fundamental accounting and a solid refresher for some of the basics that can be long forgotten. Thank you!

5
Anonymous Author
Great course! I enjoyed that this provided an overall review of accounting and I actually learned a new way of doing things.

5
Anonymous Author
The course is long, but I really enjoyed the material. The material could have been laid out in a more organize fashion.

5
Anonymous Author
Pay attention to this class the test is lengthy and uses a little bit of everything from the course. Good class though!!

4
Anonymous Author
Good overview of financial accounting structure and related closing process. Fairly long and covers a variety of topics.

2
Member's Profile
Not a fan of the supporting materials. The supporting materials are lists of questions and pages that guide note taking.

4
Anonymous Author
Thorough but the test takes quite a bit of time. Learned a good amount but some of the videos could have been shortened.

5
Anonymous Author
Great overall view of accounting. Covered the basic topics of accounting with enough detail provide a great refresher.

5
Member's Profile
Great course. Relevant content taught in a manner which allows for the student to absorb the information effectively.

4
Member's Profile
So much information in this course. great refresher of things learned in years past and helps with everyday accounting!

5
Anonymous Author
This was a fantastic course covering the basic of accounting. there were a lot of good exercises to practice included.

5
Member's Profile
This course was great. It was a good review of the accounting basics. I think a refresher is huge every year or two.

4
Anonymous Author
Thank you so much this was a great course I cant believe how much I love accounting now god bless you for this product

5
Member's Profile
Great job on presentation and materials. That was a good review of financial accounting, I think I have learnt a lot.

4
Member's Profile
Good course with good pacing. Anyone looking for a refresher on basic accounting principles would benefit from this.

4
Member's Profile
Nice comprehensive overview. It was a good review for me. Very thorough and informative with lots of illustrations.

5
Anonymous Author
Great course to get back to the basics of accounting and financial statements! Need to read test questions carefully.

5
Anonymous Author
terrific refresher course that I would recommend to anyone that has been out of the accounting process for a period

4
Anonymous Author
The course was a great review and easy to follow. Question # 54 on the final exam did not offer a correct answer.

3
Member's Profile
Nice refresh course; good for beginners or people who are not using accounting skills frequently as a refresher...

4
Anonymous Author
Good overview of lots of accounting items. Some of the test questions were trick questions, so read them carefully.

4
Anonymous Author
Very long winded and monotone, but good lessons. In payroll, I do not do a lot of this so it was difficult for me.

5
Member's Profile
Extremely thorough course covering a very broad overview of accounting. Good, well presented, a lot of information.

4
Anonymous Author
Covered a lot of ground in this course. Overall pretty solid though some of the exam questions were poorly worded.

5
Anonymous Author
Good review of basic accounting. Material covered basic concepts. Review material was information. Test was fair.

5
Anonymous Author
I am a CPA, but have been performing non financial audits for the past decade. This course was a great refresher.

5
Member's Profile
good class. enjoyed relearning accounting basics. Always good to get a refresh and this course was good for that.

5
Anonymous Author
Great course to brush up on the basics learned in initial accounting college courses. Erik is a great teacher.

5
Anonymous Author
Comprehensive overview of basic accounting principles and recommended as a review or introduction to accounting.

3
Anonymous Author
The material itself was good, but many of the questions on the review and exam were vague and not worded well.

5
Member's Profile
Good details on the accounting cycle and specific guidance for significant sections of the financial statements.

4
Member's Profile
There was one repeated question, and one question with repeated answer choices; otherwise, the course was good.

5
Anonymous Author
A lot to get through but good overview. There are not slides available to refer back to during the final exam.

5
Anonymous Author
Very helpful overview of basic accounting rules. Great examples throughout, and pace of instruction was great.

2
Anonymous Author
Overall, the course covered all accounting basics but, the content could have been clearer and more organized.

5
Anonymous Author
Very informative, covers lots of information. The exam requires a calculator or Excel to perform calculations.

5
Member's Profile
Great overview of the basics. A good refresher on inventory and depreciation accounting methods. Worth a go.

5
Anonymous Author
With such a long class, I liked the way it was section and I like the matter of fact style of the instructor.

5
Anonymous Author
a very good refresher course on basic accounting, pretty much covered the entire financial statement concepts

5
Anonymous Author
Very comprehensive and thorough course. 5 stars. I will definitely be referring back to this for a refresher.

3
Member's Profile
Some of the questions weren't worded very clearly and the supporting documentation could have been stronger.

5
Anonymous Author
Very information course. It's important to review the basics periodically to make sure nothing is forgotten.

5
Member's Profile
great, concise and relevant courses. This is an excellent course and the examples are quite easily explained

4
Member's Profile
Solid refresher course on accounting basics. Always good to go back and be sure to have everything straight.

3
Member's Profile
Video quality was not always great and didn't always feel tailored for this class. Very repetitive at times.

5
Anonymous Author
Very good basic review. Everyone needs a littler refresher. Instructor presented well and was informative.

3
Member's Profile
I appreciated the basic nature of the course which made it easy to get more credits for CPA license renewal.

4
Member's Profile
Great course and easy to follow. The videos are very lengthy so I would advice adding time links. Thanks!

4
Anonymous Author
Good overview of accounting fundamentals. However, some of the assessment questions could be worded better.

5
Anonymous Author
In-depth course covering a variety of frequently used accounting subjects across a variety of industries.

5
Anonymous Author
Course provided a very thorough and easy to follow overview of basic accounting principles and concepts.

5
Anonymous Author
Nice refresher course, covers a lot of areas that are relevant for a first course in financial accounting

5
Anonymous Author
This was definitley an overview course for beginnings, but that was in the title. Met learning objectives

4
Member's Profile
Closing Process presentation did not work! All other presentations worked well. Examples were excellent.

5
Member's Profile
The audio is a bit hard to understand, but the course materials are well stated and clear to understand.

5
Member's Profile
This course was very detailed and informative. It was well presented and the trainer was well informed.

5
Member's Profile
sometimes the screen was hard to read. Concepts were presented clearly. more typed summaries would help

5
Anonymous Author
A very thorough and helpful course to review the basics of accounting. Very understandable and logical.

5
Anonymous Author
Very good refresher course. It helped me remember some of those accounting 101 basics I had forgotten.

5
Anonymous Author
Great refresher course. I was surprised at how much I remember from the CPA exam I took 20+ years ago.

4
Member's Profile
It was a good overview and review of the accounting process. Brings you back to the good solid basics.

5
Anonymous Author
Great comprehensive basic accounting overview. Hits a lot of core accounting processes and knowledge.

4
Anonymous Author
Would prefer handouts that are an outline of what is discussed, rather than blank pages to take notes.

5
Anonymous Author
Great foundational course. Kinda slow but very thorough. Would recommend for those who need a fresher.

5
Member's Profile
This is a really great course. Refreshes any individual of the basics of accounting. Highly recommend!

5
Anonymous Author
Excellent basic review. I would recommend to anyone looking for a very basic overview of accounting.

5
Member's Profile
Detailed explanations and great examples. This course affectively reviews the basics of accounting.

5
Anonymous Author
This was a comprehensive guide to accounting fundamentals that I found to be an enjoyable refresher.

5
Member's Profile
Great course, would recommend to those looking to go back to Accounting 101 basics for a refresher.

3
Anonymous Author
This was a very comprehensive overview however the slides are hard to follow and not very helpful.

5
Member's Profile
this was a a wonderful course - very thorough and insightful for someone new to accounting basics

4
Member's Profile
This Course was long, but well worth it. Provides a good understaning of Accounting fundamentals

5
Member's Profile
A lot of detail and there are 64 questions in the final exam - make sure you take LOTS of notes.

4
Member's Profile
Some wording errors, had a multiple questions with grammatical errors, one with duplicate answers

5
Member's Profile
This is a great review for CPA's in operations and not in the details as much as you used to be.

4
Member's Profile
Some of the questions did not have enough detail to determine the right answer. Course was okay.

4
Anonymous Author
Great course for accounting basics. I liked the live recording of example entires in the videos.

5
Member's Profile
Well structured course and great review for those that have been in the industry for many years!

5
Anonymous Author
great overview of accounting! would be helpful to have a transcript of it to go back and review

5
Anonymous Author
Great presentation and very useful material. Index and Match is a great alternative to vlookup

5
Anonymous Author
This course was very informative in taking things back to basics. Always good to get refresher.

5
Anonymous Author
Very helpful. I have reviewed this material before, but it was great to get a refresher on it.

5
Anonymous Author
Like the videos to watch, easy to navigate. Great refresher course to get back to the basics.

5
Member's Profile
like the scope of areas covered. Easy to understand. Good refresher of basic accounting info.

5
Member's Profile
I honestly have no additional comments to add. I was actually very satisfied with this course

5
Anonymous Author
Course was very detailed oriented and had knowledge that needs for accounting and prepare F/S

5
Anonymous Author
Great over view really good refresher question were hard need calculator and scratch paper

5
Anonymous Author
Good course! Just the right amount of content, and also challenging. Would recommend this.

5
Anonymous Author
Great refresher it covers full accounting cycle and concepts very good information provided

5
Anonymous Author
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5
Member's Profile
The instructors explained topics in an easy to understand and real-world applicable manner.

4
Anonymous Author
Very well organized; Instructor was well versed and material presented in a logical order

4
Anonymous Author
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5
Anonymous Author
Very well communicated and segmented course. I thought the quiz/exam questions were fair.

5
Anonymous Author
Very god presentation and test if you want to check whether you still remember the basics

5
Member's Profile
Excellent refresher course. The professor created an easy-to-follow, no-nonsense lecture.

5
Anonymous Author
Good refresher course especially if you work in a highly concentrated area of accounting

5
Anonymous Author
Very straight-forward and easy to follow, but slightly repetitive and could be condensed.

5
Anonymous Author
Good presentation of accounting basics. Course was easy to understand and follow along.

4
Anonymous Author
this is very extensive and thorough and a lot to learn but I did it!!! Great instructor.

4
Member's Profile
Exam questions need reviewed. Saw duplicate answer on one and unclear phrasing on others

4
Anonymous Author
Great overview of accounting fundamentals. I used this as a refresher course for myself.

3
Member's Profile
Audio is not very good quality. Some of the review and quiz questions are quite poor.

5
Anonymous Author
Excellent instructor. Good review of basic accounting principles with useful examples.

5
Anonymous Author
Good overview for anyone wanting to brush up topics in this area. Slightly challenging.

5
Anonymous Author
Very comprehensive course that touches on all accounting 101 topics. Highly recommend.

5
Anonymous Author
a really good review of accounting subjects which help me as I move into a new position

5
Member's Profile
Great course! I felt like I was in Accounting 101 all over again! Excellent refresher!

4
Anonymous Author
Test had too many questions, questions were sometimes long. Course was good refresher.

5
Anonymous Author
Excellent overall. Instructor did a great job. Explanations were at the right level.

5
Anonymous Author
Good overview of accounting concepts.. Nice to get back to basics once in a while..

5
Anonymous Author
This was a great refresher course, would highly recommend for CPE or general knowledge

3
Member's Profile
The order of preparing a monthly close is more subjective than what is indicated here.

5
Anonymous Author
This course was a very good Back to the Basics: Accounting Fundamentals Course Series.

5
Anonymous Author
The presentation of the course was thorough, organized, and examples provided were me.

5
Anonymous Author
Very clear and straightforward presentation of basic accounting. Very comprehensive.

5
Anonymous Author
Thank you! The way you taught the material was really excellent and I appreciate you

4
Member's Profile
Great reminder of accounting processes. Some of these methods are forgotten easily.

5
Anonymous Author
Wow! What a great course. So much information covered in depth and in great detail.

5
Member's Profile
A very thorough review of Accounting fundamentals, just as the course name implies.

4
Member's Profile
Excellent coverage of various topics Quiz and Exam questions were quite set nicely

5
Anonymous Author
long course which has a lot covered on the basis of accounting and the financials.

5
Member's Profile
After 20 years in accounting, this was a great reminder of tasks I don't do daily.

5
Member's Profile
I enjoyed how the info was presented. Great summary of the overall bigger picture.

4
Member's Profile
Great refesh on accounting fundamentals in advance of year-end reporting and work.

4
Member's Profile
A few of the beginning sections were a bit repetitive, but overall a good review.

5
Member's Profile
Like the template and workbook, easy to follow. Final exam was a bit long though.

5
Member's Profile
Learned a lot and back to the basic, highly recommend to anyone needing refresher

5
Anonymous Author
A good review of fundamentals for those who need to brush up on accounting basics

5
Anonymous Author
Engaging course with clear explanations, perfect for mastering accounting basics.

4
Anonymous Author
Good refresh I enjoyed the overall knowledge. I think the videos are helpful.

5
Anonymous Author
This was an excellent refresher course that was similar to the CMA exam itself.

5
Anonymous Author
This was a good exercise to refresh my basic knowledge of accounting principals.

3
Anonymous Author
Whoa......didn't realize how much of the basics I forgot. Good refresher course

5
Anonymous Author
No comment. I believe the course offered a good refresher on accounting basics.

4
Anonymous Author
The course was very elementary and should be tasken only by beginning trainees.

5
Member's Profile
great explanations and review for a non accounting major looking for CEU credit

5
Member's Profile
Great review of some basic principles.Like having to recalculate a few things.

5
Anonymous Author
Great course. Provides a high-level review of the basic accounting functions.

5
Anonymous Author
A very comprehensive refresher course. Good overview for anyone at any level.

5
Member's Profile
The course is very helpful to review certain accounting foundation knowledge.

5
Anonymous Author
Good, basic content for new learners and great review for seasoned accountants

5
Member's Profile
I liked that the professor used simple terms and examples of every day items.

4
Anonymous Author
A great course to remind me of basic accounting, financial reporting and etc.

5
Anonymous Author
Great course that provided a concise yet thorough introduction to accounting

4
Member's Profile
Consider this an entire accounting education neatly summed up in one course.

5
Anonymous Author
remedial information, but info dense for anyone who needs such a refresher.

5
Anonymous Author
A lot of information, though very well laid out. Very happy with the course.

5
Member's Profile
Great lookback and back to fundamentals. It was good to refresh on all of it

5
Anonymous Author
Appreciated the general overview of accounting as a refresher of the basics.

4
Member's Profile
Extensive class that cover most of the accounting principles. Good course!

5
Anonymous Author
Good review on the basics. I would recommend this class to get CPE credit.

5
Member's Profile
I like the order everything was taught. The dotted line box is distracting.

5
Anonymous Author
Great review of the basics! Great questions in the review and final exam!

5
Member's Profile
Great accounting refresher course for tax preparers. I enjoyed the course.

5
Anonymous Author
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5
Anonymous Author
Nice refresher, particularly around the technical, manual closing process

5
Anonymous Author
Good course. I didn't think all of the class materials were that helpful.

5
Anonymous Author
Lot of good information covered in this. Good refresher on a lot of items.

5
Anonymous Author
Excellent review of accounting material ol' chap. Good work with this one.

5
Member's Profile
Great overall course to brush up on your accounting. Excellent professor.

4
Anonymous Author
Good review of basic concepts, used a refresher to brush up on my skills.

5
Anonymous Author
This was a great refresher on the basic debits and credits of accounting.

4
Anonymous Author
I found this course useful, but very slow paced and sometime repetitive.

4
Member's Profile
Good information. Wish the supporting materials were better consolidated.

5
Member's Profile
Great course. Very easy to understand and practical examples were given.

5
Anonymous Author
Great intro and refresher for accountants. Feel like I'm back in college.

5
Member's Profile
The first few videos seemed very repetitive, everything else was great.

5
Anonymous Author
very comprehensive and detailed for the overview of general accounting.

5
Anonymous Author
Course was a great review of basic accounting. It was a refresher course

4
Anonymous Author
its a good course for refresh your basic basic accounting information.

5
Member's Profile
Erik Slayter did a great job presenting all of the accopunting concepts.

5
Member's Profile
Interesting course that provides a good refresher on accounting basics.

5
Anonymous Author
Some of the answers are arguably subjective (or wrong). Should revisit.

5
Anonymous Author
Good accounting class that serves as a refresher for accounting basics.

5
Member's Profile
good overall fundamental courses for basic accounting. good refresher!!

5
Anonymous Author
Good course Good course Good course Good course Good course Good course

5
Anonymous Author
Great job! It is a lot of fundamental information. Thank you very much.

5
Member's Profile
Liked the materials; very easy to use. Presented in a logical sequence

5
Anonymous Author
Excellent basis course. Covers a good level of detail. I recommend it.

3
Anonymous Author
Overall, good course - a bit of repetitiveness from section to section

4
Anonymous Author
This is a very basic course and good for a review of the fundamentals.

5
Anonymous Author
Good review - would be great for students. Easy to follow, thorough

4
Member's Profile
The pace is slow, but this is a thorough review of basic accounting.

5
Anonymous Author
Fast and fair, this is a great refresher! Fun to review the basics!

5
Anonymous Author
A great way to refresh on accounting basics and earn a lot of credit!

5
Anonymous Author
This was a great refresher on the basics. Particularly on bank recs.

5
Anonymous Author
Everything you ever wanted to know about account in 12 hours or less.

5
Anonymous Author
This is a good high level course to refresh accounting fundamentals.

5
Member's Profile
Very easy intro back into accounting and basics. Highly recommended!

5
Member's Profile
Great comprehensive review of the basics of accounting fundamentals.

5
Member's Profile
It would be better to show the answers to the Final Exam questions.

5
Anonymous Author
very comprehensive and detailed very good groundwork for accounting

3
Member's Profile
The terms are outdated and questions are not always clearly written

5
Member's Profile
Allowed to refresh fundamentals in Accounting and financials close

4
Member's Profile
A good refresher on fundamental items I don't deal with every day.

5
Member's Profile
It was good, the first few videos were a little too easy and slow.

3
Anonymous Author
Good course on the basics. Found the review helpful. Many thanks.

5
Anonymous Author
This course matieral was presented in a clear and concise manner.

4
Anonymous Author
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5
Anonymous Author
Great, Easy to Follow, Made Sense, Very Helpful, Good Use of Time

4
Anonymous Author
Nice overview & good refresher to brush up on some of the basics.

3
Anonymous Author
A great refresher, though some of the information felt redundant.

5
Member's Profile
Erik Slayter is a good teacher. This was a great review course.

4
Anonymous Author
Back to the basics is a concise refresher on general bookkeeping

5
Anonymous Author
Good review of basic principles. Nice to brush up on the basics!

5
Member's Profile
The course provides an excellent review of the accounting cycle.

3
Anonymous Author
good enough for me as continuing cpa and cia to keep my license

2
Anonymous Author
Typos, questions incomplete, even some with the wrong answers..

5
Anonymous Author
This was a good basic review of a variety of accounting topics.

5
Anonymous Author
long course. a lot of time is spent on thinning out questions

3
Anonymous Author
Good back to basics refresher, reminded me of topics I forgot.

3
Anonymous Author
good refresher should review periodically. Accounting basics

5
Anonymous Author
good review of many basic accounting concepts. would recommend

4
Anonymous Author
good refresher of basic accounting and close process. lengthy

5
Member's Profile
Very good review on fundamentals of accounting/book keeping.

5
Anonymous Author
good review. really for beginners but cover the topics well.

5
Anonymous Author
Very good basic review of basic accounting ideas. Thank you!

5
Anonymous Author
This was a really great course. Would definitely reccommend.

5
Member's Profile
This course was a great refresher on accounting fundamentals.

4
Member's Profile
Good overview, but be prepared for the length of the course.

4
Anonymous Author
This class was very informative and helpful. I learned alot.

3
Anonymous Author
Some simplification of close and bank recs is not universal.

5
Anonymous Author
This was very informative. I enjoyed this course very much.

5
Member's Profile
This was a great course with lots of excellent information.

5
Anonymous Author
Was a great course to review the fundamentals of accounting.

5
Anonymous Author
This course is a good refresher for the basics of accounting

4
Member's Profile
Long course but a nice general overview of accounting basics

5
Member's Profile
Great course! Enjoyed all of the content - very informative.

5
Member's Profile
I love accounting. This class was very informative and fun.

5
Anonymous Author
Enjoyable refresher on accounting fundamentals and process.

5
Member's Profile
Long but informative class, teacher gave numerous examples.

5
Member's Profile
Excellent breadth and sufficient depth in the fundamentals.

5
Member's Profile
Refreshed all accounting fundamentals. Good quality course.

5
Member's Profile
excellent course and well-taught. effective and efficient.

4
Anonymous Author
great review of retained earnings and the income statement

4
Anonymous Author
good overview of accounting basics and a helpful refresher

5
Member's Profile
great course... much needed refresher on accounting basics

5
Anonymous Author
Great course going over accounting basics, really helpful!

5
Member's Profile
good course for refreshers on daily task I no longer do.

5
Anonymous Author
It is challenging and I was able to advance my knowledge.

5
Anonymous Author
great review very logical and understandable. thank you.

5
Member's Profile
Erik’s course on Accounting Fundamentals was excellent!

5
Member's Profile
good overall review, would like answer with explanations

5
Anonymous Author
This course was a great refresher on accounting basics.

5
Member's Profile
I hate completing this section. please remove this box.

4
Member's Profile
Great overview and refresher on the basics of accounting

4
Anonymous Author
good but long. Take your time to understand the concepts

4
Member's Profile
Good review course. Fairly simple accounting concepts.

3
Anonymous Author
Course did enough to refresh basic accounting concepts

3
Anonymous Author
Nice one. Very nice. Liked this course very much so.

5
Anonymous Author
Great refresher course! Materials were very thorough.

4
Anonymous Author
There was a lot of repeat material in the early videos

5
Member's Profile
good info, great refresher on the basics of Accounting

5
Anonymous Author
A lot of useful information on basics of accounting.

4
Anonymous Author
Lengthy but a great refresher for accounting basics.

5
Anonymous Author
The structure is very clear with detailed explanation

5
Anonymous Author
Great overview/refresher of accounting fundamentals.

5
Member's Profile
Very helpful to understand the accounting concepts.

5
Member's Profile
Good class to refresh basic accounting knowledge.

5
Anonymous Author
Enjoyed this review of financial accounting basics.

4
Anonymous Author
It was a good review of the foundational concepts.

5
Anonymous Author
Very comprehensive; great refresher course for me!

3
Anonymous Author
Questions sometimes have duplicate answer choices.

5
Anonymous Author
Very good coverage of all areas of the financials.

5
Member's Profile
Good course that covers basic accounting knowledge

5
Member's Profile
Great refresher course or those new to accounting.

4
Member's Profile
very good summary of the entire accounting process

5
Member's Profile
good refresher on basics and fundamentals helpful

4
Member's Profile
detailed and good.material a comprehensive course.

Prerequisites
Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Questions and Answers(6 Questions)
Member's Profile

How do I print the syllabus?

User picture

What order should these classes be taken? The order displayed starts with the Basics of Debits and Credits, but the video starts by saying it is the second video, so not sure what the best order is.

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Member's Profile

Hi Erik,

Great course, I have recently completed the course and took the exam and received an 81%. I was wondering if its possible to get the answers to the exam, I have assigned this course to my entire Accounting Dept and would like to be able to review the exam with them after they have completed the course.

My email is: peter [dot] kotsifasatgmail [dot] com

Thanks,
Peter

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Question:

Brooks Co. owes money to Richie Co. The arrangement has been documented on a promissory note with the following details:
• Principal balance: $11,621
• Annual interest rate: 13%
• Loan length: 7 months
Assuming 4 months have passed since the origination of the loan without any previous related adjusting journal entries, how much interest should be recorded for this loan for this 4 month period?

I had a problem with this on the final - can you help me. I received 86% but this one question I could not answer correctly. Please help and show how to get the answer. Thanks so much. Greatly appreciated.

Member's Profile

Since we're calculating simple interest for this, the calculation would be:
Principal * Rate * Time = $11621 * 13% * 4/12 = $504

Instructor for this course
Course Syllabus
  An Accounting Review: The Basics of Debits and Credits53:38
  Transaction Analysis, T-Accounts, Debits and Credits, and Trial Balances fulll video1:15:59
  Accounting Review: Overview of Financial Statements; P&L, Balance Sheet, and Cash Flow48:51
  The Accounting Equation and Financial Statements 1:02:57
  Core Financial Accounting: Cash and Internal Controls28:16
  Core Financial Accounting:Accounts Receivable1:19:16
  Core Financial Accounting:Equipment and Depreciation36:55
  Core Financial Accounting: Inventory Costing56:39
  Core Financial Accounting: Purchase and Sale of Inventory1:14:32
  The Adjusting Process 1:05:15
  Core Financial Accounting: The Closing Process53:13
SUPPORTING MATERIALS
  Back to the Basics: Accounting Fundamentals Combined Supporting MaterialsZIP
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam