5

Accounting in practice

  • More essential concepts
  • Setting up your software
  • Accounting in a simple world
  • Accounting in the real world
  • ‘Proving’ your balance sheet
  • Summary

Those first four sessions were really useful, Chris. I think I do now understand what a balance sheet is and how the P&L and cash flow statement relate to it. And I also understand the theory of double entry. But I still don’t really understand how that relates to what’s going on in my accounting system, so I still don’t think I’m going to be able to go home and use it with any confidence.

Understood. What we’ve been talking about is most of what you need to know. I just need to join a few more dots. Now, there are lots of different accounting systems out there and they’re ...

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