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Introduction to Accounting Concepts for Small Business
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General
Announcements
Foundations of Small Business Accounting
Overview: Foundations of Small Business Accounting
Why Accounting Exists
Your Business Backpack
Common Types of Business Transactions
Cash vs. Accrual (Beginner Edition)
Judgment Moment: Would You Sign Your Name to This?
How This Sets Up the Rest of the Course
Exercise: Sorting Everyday Business Transactions
Review: Foundations of Small Business Accounting
Activity: Section Activity: Build Your Mini Business Backpack Map
Understanding Financial Language
Overview: Understanding Financial Language
Why Financial Language Matters
Core Financial Terms You Will Use Every Day
Similar Terms That Confuse Beginners
Judgment Moment: Would You Sign Your Name to This?
Collaborating With AI to Decode Financial Terms
Knowledge Check
Exercise: Sorting Real‑World Terms Into the Right Buckets
Review: Understanding Financial Language
Activity: Section Activity: Translate a Mini Income Statement Into Plain English
Building a Chart of Accounts
Overview: Building a Chart of Accounts
What a Chart of Accounts Really Does
Core Account Categories
Choosing the Right Level of Detail
Designing Small Business-Friendly Accounts
Connecting the Chart of Accounts to Real Transactions
Judgment Moment: Would You Sign Your Name to This Structure?
Exercise: Sort Sample Transactions into the Right Drawers
Review: Building a Chart of Accounts
Activity: Section Activity: Build a Starter Chart of Accounts for a Simple Business
Tracking Money In and Out
Overview: Tracking Money In and Out
What Counts as Money Coming In
What Counts as Money Going Out
The Timing Puzzle
Reading Transaction Footprints
Patterns in Money Movement
Judgment Moment: Would You Sign Your Name to This?
Exercise: Sorting Real-World Money Footprints
Review: Tracking Money In and Out
Activity: Section Activity: Build a Simple Cash Movement Map
Setting Opening Balances and Core Policies
Overview: Setting Opening Balances and Core Policies
What Opening Balances Actually Mean
Connecting Opening Balances to the Chart of Accounts
Core Accounting Policies for Small Business
Judgment Check: Would You Sign Your Name to These Balances?
Consistency as a Business Superpower
Policy Examples Beginners Can Apply Today
Exercise: Sort Starting Numbers Into the Right Accounts
Review: Setting Opening Balances and Core Policies
Activity: Section Activity: Build a Simple Opening Balance Snapshot and Policy Sheet
Putting It All Together in a Simple Accounting Framework
Overview: Putting It All Together in a Simple Accounting Framework
How the Pieces Connect
Seeing the Flow of Money
Common Patterns in Small Businesses
Spotting Gaps or Missing Pieces
Judgment Moment: Would You Sign Off?
Live Edge Prompts
Exercise: Sort and Link the Accounting Puzzle Pieces
Review: Putting It All Together in a Simple Accounting Framework
Activity: Section Activity: Build a Simple, Connected Accounting Framework
Lab: Build a Complete Starter Accounting Framework
Overview: Lab: Build a Complete Starter Accounting Framework
Lab: Build a Complete Starter Accounting Framework
Review: Lab: Build a Complete Starter Accounting Framework
Lab: Build a Complete Starter Accounting Framework
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All categories
Course Demonstrations
Free Mini Courses
AI Learning Hub
AI Essentials
Level 1: Generative AI Foundation
Level 2: Grounding AI with your Data
Level 3: Automating AI Workflows
Office
Webinars
Power BI
Programming
WordPress
Microsoft Official
Accounting
CompTIA
Google
Upskilling Series
ONLC Staff Training
Generative AI Skills
Instructor Review
Private Classes
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Course info
Introduction to Accounting Concepts for Small Business
Understand how small business accounting works before touching any tools.
Skill Level
:
Beginner
